NetEase (NTES) Accumulated Expenses (2009 - 2025)
NetEase (NTES) reported Accumulated Expenses of $438.3 million for Q4 2025, down 32.77% on a YoY basis from $651.9 million in Q4 2024, and down 32.77% quarter-over-quarter from $651.9 million in Q4 2024.
NetEase (NTES) Accumulated Expenses (2009 - 2025) Analysis & Trends
NetEase has reported Accumulated Expenses for 17 years, with the latest figure at $438.3 million in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses fell 32.77% year-over-year to $438.3 million; the trailing twelve-month figure through Dec 2025 stood at $438.3 million (down 32.77% YoY), and the FY2025 full-year result was $699.2 million, down 64.13% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $438.3 million, down from $651.9 million in the prior quarter.
- The five-year high for Accumulated Expenses was $1.6 billion in Q4 2022, with the low at $438.3 million in Q4 2025.
- Historically, Accumulated Expenses has averaged $795.0 million across 5 years, with a median of $651.9 million in 2024.
- Annual changes were most pronounced in 2022 — Accumulated Expenses surged 141.89% — and 2023, when it sank 56.86%.
- NetEase's Accumulated Expenses stood at $646.5 million in 2021, then surged by 141.89% to $1.6 billion in 2022, then sank by 56.86% to $674.6 million in 2023, then dropped by 3.36% to $651.9 million in 2024, then slumped by 32.77% to $438.3 million in 2025.
- The last three Accumulated Expenses figures came in at $438.3 million (Q4 2025), $651.9 million (Q4 2024), and $674.6 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - |
| 10 | NetEase | 58,239.90 | 4,487.00 Bn | 3.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 438.30 Mn |
| Dec 31, 2024 | 651.95 Mn |
| Dec 31, 2023 | 674.60 Mn |
| Dec 31, 2022 | 1.56 Bn |
| Dec 31, 2021 | 646.48 Mn |
| Dec 31, 2020 | 1.06 Bn |
| Dec 31, 2019 | 419.59 Mn |
| Dec 31, 2018 | 723.90 Mn |
| Dec 31, 2017 | 330.87 Mn |
| Dec 31, 2016 | 218.59 Mn |
| Dec 31, 2015 | 92.02 Mn |
| Dec 31, 2014 | 87.10 Mn |
| Dec 31, 2013 | 157.41 Mn |
| Dec 31, 2012 | 15.14 Mn |
| Dec 31, 2011 | 9.12 Mn |
| Dec 31, 2010 | 68.05 Mn |
| Dec 31, 2009 | 31.21 Mn |
| Sep 30, 2009 | 17.94 Mn |
| Jun 30, 2009 | 1.70 Mn |
| Mar 31, 2009 | 2.93 Mn |