NetEase (NTES) Capital Expenditures (2009 - 2026)
NetEase's Capital Expenditures came in at -$2.77 million for the quarter ended Jun 30, 2026, compared with -$26.25 million a year earlier.
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Analysis
NetEase (NTES) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NetEase reported Capital Expenditures of -$106.9 million; for the year ended Dec 31, 2025, it came in at -$152.35 million.
- Going back by year, Capital Expenditures was -$174.73 million in the year ended Dec 31, 2024, -$324.17 million in the year ended Dec 31, 2023, -$304.51 million in the year ended Dec 31, 2022 and -$251.36 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Capital Expenditures in data going back to the quarter ended Mar 31, 2009.
- Business Quant data shows NTES's Capital Expenditures at -$45.07 million (quarter ended Mar 31, 2026), -$19.43 million (quarter ended Dec 31, 2025) and -$39.63 million (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) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,890.87 Bn | 3,648.40 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,637.40 Bn | 1,339.92 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Netflix | 270.40 Bn | 231.70 Bn | 6.80 Bn | 278.77 Mn |
| 4 | Alibaba Group Holding | 231.40 Bn | 53.61 Bn | 15.11 Bn | -9.97 Bn |
| 5 | Shopify | 218.48 Bn | 195.66 Bn | 1.71 Bn | 4.00 Mn |
| 6 | Uber Technologies | 136.01 Bn | 107.99 Bn | 6.38 Bn | 70.00 Mn |
| 7 | Spotify Technology | 120.19 Bn | 77.10 Bn | 1.89 Bn | -6.90 Mn |
| 8 | Booking Holdings | 117.09 Bn | 50.14 Bn | - | 76.00 Mn |
| 9 | PDD Holdings | 112.51 Bn | -131.27 Bn | 9.45 Bn | - |
| 10 | NetEase | 75.72 Bn | 34.62 Bn | 3.13 Bn | -2.77 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 |
API Access
NetEase Capital Expenditures 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=capital-expenditures&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();