NetEase (NTES) Capital Expenditures (2009 - 2026)
NetEase's (NTES) quarterly Capital Expenditures came in at -$2.8 million in Q2 2026, up 89.45% on a YoY basis from -$1.5 million in Q2 2025, and up 93.86% quarter-over-quarter from -$45.1 million in Q1 2026.
Analysis
NetEase (NTES) Capital Expenditures (2009 - 2026) Analysis & Trends
NetEase (NTES) has reported Capital Expenditures for 18 consecutive years, with -$2.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 89.45% year-over-year to -$2.8 million; the trailing twelve-month figure through Jun 2026 stood at -$106.9 million (up 42.25% YoY), and the FY2025 full-year result was -$152.3 million, up 12.81% from the prior year.
- Capital Expenditures improved to -$2.8 million in Q2 2026 per NTES's latest filing, from -$45.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at -$2.8 million in Q2 2026 and bottomed at -$118.1 million in Q1 2022.
- Historically, Capital Expenditures has averaged -$56.4 million across 5 years, with a median of -$55.5 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures slumped 132.1% in 2022, then soared 89.45% in 2026.
- Over 5 years, Capital Expenditures stood at -$49.0 million in 2022, then sank by 37.32% to -$67.4 million in 2023, then surged by 35.51% to -$43.4 million in 2024, then soared by 55.26% to -$19.4 million in 2025, then surged by 85.75% to -$2.8 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$2.8 million, -$45.1 million, and -$19.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn | -2.77 Mn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 76.00 Mn |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn | 25.00 Mn |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn | 22.00 Mn |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 | - |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn | 5.20 Mn |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn | -80,000.00 |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 | - |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn | - |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.77 Mn |
| Mar 31, 2026 | -45.07 Mn |
| Dec 31, 2025 | -19.43 Mn |
| Sep 30, 2025 | -39.63 Mn |
| Jun 30, 2025 | -26.25 Mn |
| Mar 31, 2025 | -62.46 Mn |
| Dec 31, 2024 | -43.43 Mn |
| Sep 30, 2024 | -52.95 Mn |
| Jun 30, 2024 | -23.33 Mn |
| Mar 31, 2024 | -58.04 Mn |
| Dec 31, 2023 | -67.35 Mn |
| Sep 30, 2023 | -88.91 Mn |
| Jun 30, 2023 | -74.32 Mn |
| Mar 31, 2023 | -95.44 Mn |
| Dec 31, 2022 | -49.05 Mn |
| Sep 30, 2022 | -81.44 Mn |
| Jun 30, 2022 | -67.49 Mn |
| Mar 31, 2022 | -118.07 Mn |
| Dec 31, 2021 | -69.21 Mn |
| Sep 30, 2021 | -63.02 Mn |