NetEase (NTES) Capital Expenditures (2009 - 2026)

NetEase has reported Capital Expenditures for 18 years, with the latest figure at -$45.1 million in Q1 2026.

• For the quarter ending Q1 2026, Capital Expenditures rose 27.86% year-over-year to -$45.1 million; the trailing twelve-month figure through Mar 2026 stood at -$130.4 million (up 28.44% YoY), and the FY2025 full-year result was $152.3 million, down 12.81% from the prior year.
• Capital Expenditures for Q1 2026 stood at -$45.1 million, down from -$19.4 million in the prior quarter.
• The five-year high for Capital Expenditures was -$19.4 million in Q4 2025, with the low at -$118.1 million in Q1 2022.
• Historically, Capital Expenditures has averaged -$59.6 million across 5 years, with a median of -$58.0 million in 2024.
• Annual changes were most pronounced in 2022 — Capital Expenditures sank 132.1% — and 2024, when it jumped 68.61%.
• NetEase's Capital Expenditures stood at -$49.0 million in 2022, then tumbled by 37.32% to -$67.4 million in 2023, then soared by 35.51% to -$43.4 million in 2024, then jumped by 55.26% to -$19.4 million in 2025, then sank by 131.92% to -$45.1 million in 2026.
• The last three Capital Expenditures figures came in at -$45.1 million (Q1 2026), -$19.4 million (Q4 2025), and -$39.6 million (Q3 2025), per Business Quant data.