NetEase (NTES) Beginning Cash Balance (2018 - 2026)
NetEase's Beginning Cash Balance came in at $8.15 billion for the quarter ended Jun 30, 2026, up 8.3% from $7.53 billion a year earlier and up 9.7% from the prior quarter.
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Analysis
NetEase (NTES) Beginning Cash Balance (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, NetEase's Beginning Cash Balance was $5.56 billion, up 65.2% from the prior year.
- Beginning Cash Balance carries a five-year compound annual growth rate of 32.6% (years ended Dec 2020 to Dec 2025).
- Going back by year, Beginning Cash Balance was $3.37 billion in the year ended Dec 31, 2024 (-13.7%), $3.9 billion in the year ended Dec 31, 2023 (+25.7%), $3.1 billion in the year ended Dec 31, 2022 (-22.2%) and $3.99 billion in the year ended Dec 31, 2021 (+194.2%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Beginning Cash Balance in data going back to the quarter ended Dec 31, 2018.
- Year-over-year, Beginning Cash Balance increased in five of the last eight quarters, with growth averaging 41.4%.
- The fastest year-over-year change in Beginning Cash Balance over five years came in the quarter ended Dec 31, 2021 (growth of 185.2%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 27.2%).
- Business Quant data shows NTES's Beginning Cash Balance at $7.43 billion (quarter ended Mar 31, 2026), $5.64 billion (quarter ended Dec 31, 2025) and $8.13 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,624.96 Bn | 3,359.86 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,640.16 Bn | 1,304.68 Bn | 51.23 Bn |
| 3 | Netflix | 255.21 Bn | 216.51 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 219.23 Bn | 41.30 Bn | 15.16 Bn |
| 5 | Shopify | 189.29 Bn | 174.44 Bn | 1.78 Bn |
| 6 | Uber Technologies | 142.08 Bn | 113.28 Bn | 6.42 Bn |
| 7 | AppLovin | 135.54 Bn | 124.07 Bn | 1.94 Bn |
| 8 | Spotify Technology | 126.14 Bn | 83.06 Bn | 1.89 Bn |
| 9 | Booking Holdings | 119.69 Bn | 53.43 Bn | - |
| 10 | NetEase | 78.00 Bn | 36.89 Bn | 3.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.15 Bn |
| Mar 31, 2026 | 7.43 Bn |
| Dec 31, 2025 | 5.64 Bn |
| Sep 30, 2025 | 8.13 Bn |
| Jun 30, 2025 | 7.53 Bn |
| Mar 31, 2025 | 7.49 Bn |
| Dec 31, 2024 | 3.37 Bn |
| Sep 30, 2024 | 3.38 Bn |
| Jun 30, 2024 | 6.37 Bn |
| Mar 31, 2024 | 3.39 Bn |
| Dec 31, 2023 | 3.83 Bn |
| Sep 30, 2023 | 3.81 Bn |
| Jun 30, 2023 | 3.94 Bn |
| Mar 31, 2023 | 4.03 Bn |
| Dec 31, 2022 | 2.93 Bn |
| Sep 30, 2022 | 2.86 Bn |
| Jun 30, 2022 | 2.64 Bn |
| Mar 31, 2022 | 2.74 Bn |
| Dec 31, 2021 | 4.02 Bn |
| Sep 30, 2021 | 2.03 Bn |
API Access
NetEase Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "NTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();