NetEase (NTES) Capital Expenditures (2009 - 2026)

NetEase's Capital Expenditures history runs 18 years deep, the most recent figure standing at -$45.1 million for Q1 2026.

• Quarterly Capital Expenditures rose 27.86% year-over-year to -$45.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$130.4 million (up 28.44% YoY) and the FY2025 annual result came in at $96.3 million, down 31.38% from the prior year.
• Capital Expenditures was -$45.1 million for Q1 2026 at NetEase, down from -$19.4 million in the prior quarter.
• Across five years, Capital Expenditures topped out at -$19.4 million in Q4 2025 and bottomed at -$118.1 million in Q1 2022.
• A 5-year average of -$59.6 million and a median of -$58.0 million in 2024 frame the typical range for Capital Expenditures.
• Annual changes were most pronounced in 2022 — Capital Expenditures plunged 132.1% — and 2024, when it jumped 68.61%.
• NetEase's 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 tumbled by 131.92% to -$45.1 million in 2026.
• Business Quant data shows NTES's Capital Expenditures at -$45.1 million in Q1 2026, -$19.4 million in Q4 2025, and -$39.6 million in Q3 2025.