NetEase (NTES) Cash from Operations (2009 - 2026)
NetEase's Cash from Operations came in at $1.47 billion for the quarter ended Jun 30, 2026, down 2.1% from $1.5 billion a year earlier and down 25.9% from the prior quarter.
NetEase (NTES) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NetEase reported Cash from Operations of $7.35 billion, up 13.9% year-over-year; for the year ended Dec 31, 2025, it came in at $7.26 billion, up 33.5% from the prior year.
- Cash from Operations has increased in each of the last eight years, with a five-year compound annual growth rate of 13.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cash from Operations was $5.44 billion in the year ended Dec 31, 2024 (+9.2%), $4.98 billion in the year ended Dec 31, 2023 (+23.9%), $4.02 billion in the year ended Dec 31, 2022 (+2.7%) and $3.91 billion in the year ended Dec 31, 2021 (+2.6%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Cash from Operations since the quarter ended Jun 30, 2024.
- Year-over-year, Cash from Operations increased in seven of the last eight quarters, with growth averaging 20.6%.
- The fastest year-over-year change in Cash from Operations over five years came in the quarter ended Jun 30, 2025 (growth of 66.4%), and the weakest in the quarter ended Jun 30, 2024 (a decline of 17.7%).
- Business Quant data shows NTES's Cash from Operations at $1.98 billion (quarter ended Mar 31, 2026), $2.09 billion (quarter ended Dec 31, 2025) and $1.81 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 39.07 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 31.86 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 1.74 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 3.38 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 658.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 2.86 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 3.72 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 948.49 Mn |
| 10 | NetEase | 74.83 Bn | 32.10 Bn | 3.13 Bn | 1.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.47 Bn |
| Mar 31, 2026 | 1.98 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 1.81 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.81 Bn |
| Sep 30, 2024 | 1.48 Bn |
| Jun 30, 2024 | 902.28 Mn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.64 Bn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | 1.10 Bn |
| Mar 31, 2023 | 877.14 Mn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.09 Bn |
| Jun 30, 2022 | 1.01 Bn |
| Mar 31, 2022 | 722.03 Mn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 972.72 Mn |
NetEase Cash from Operations 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=cash-from-operations&ticker=NTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();