NetEase (NTES) Accumulated Expenses (2009 - 2025)

NetEase posted quarterly Accumulated Expenses of $438.3 million for Q4 2025, down 32.77% year-on-year from $651.9 million in Q4 2024, and down 32.77% on a QoQ basis from $651.9 million in Q4 2024.

NetEase (NTES) has 17 years of Accumulated Expenses data on file, last reported 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.
  • Across five years, Accumulated Expenses topped out at $1.6 billion in Q4 2022 and bottomed at $438.3 million in Q4 2025.
  • The 5-year median for Accumulated Expenses is $651.9 million (2024), against an average of $795.0 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses surged 141.89%; it then tumbled 56.86% in 2023.
  • A 5-year view of Accumulated Expenses shows it stood at $646.5 million in 2021, then soared by 141.89% to $1.6 billion in 2022, then plunged by 56.86% to $674.6 million in 2023, then declined by 3.36% to $651.9 million in 2024, then sank 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 NetEase 51.49 Bn 41.63 Bn -
2 Electronic Arts 50.24 Bn 47.38 Bn 1.76 Bn
3 Take Two Interactive Software 41.73 Bn 39.37 Bn 945.50 Mn
4 Roblox 34.28 Bn 31.06 Bn 1.15 Bn
5 Playtika Holding 1.29 Bn 514.59 Mn 384.10 Mn
6 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn
7 Gdev 278.25 Mn 169.93 Mn -
8 DoubleDown Interactive 253.74 Mn -279.47 Mn 69.71 Mn
9 Skillz 136.00 Mn -23.93 Mn 25.51 Mn
10 GCL Global Holdings 84.04 Mn -16,894.62 Bn -

Historic Data

Download Data 🔒
DateValue
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 4.17 Mn
Jun 30, 2009 1.70 Mn
Mar 31, 2009 2.93 Mn