NetEase (NTES) Change in Inventory (2017 - 2026)

NetEase (NTES) has reported Change in Inventory for 10 consecutive years, with $5.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Change in Inventory rose 149.09% year-over-year to $5.0 million; the trailing twelve-month figure through Jun 2026 stood at $12.0 million (up 591.31% YoY), and the FY2025 full-year result was -$16.8 million, down 199.19% from the prior year.
• Change in Inventory retreated to $5.0 million in Q2 2026 per NTES's latest filing, from $20.7 million in the prior quarter.
• Across five years, Change in Inventory topped out at $20.7 million in Q1 2026 and bottomed at -$12.9 million in Q3 2022.
• Historically, Change in Inventory has averaged $3.7 million across 5 years, with a median of $4.6 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Change in Inventory surged 281.45% in 2022, then plunged 350.43% in 2025.
• Over 5 years, Change in Inventory stood at -$8.5 million in 2022, then jumped by 140.77% to $3.5 million in 2023, then surged by 68.57% to $5.9 million in 2024, then sank by 224.7% to -$7.3 million in 2025, then jumped by 168.6% to $5.0 million in 2026.
• According to Business Quant data, Change in Inventory over the past three periods registered $5.0 million, $20.7 million, and -$7.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.