NetEase (NTES) Common Equity (2009 - 2026)
NetEase's Common Equity was $25.27 billion in the quarter ended Jun 30, 2026, up 18.7% from $21.29 billion a year earlier and up 3.4% from the prior quarter.
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Analysis
NetEase (NTES) Common Equity (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Common Equity at NetEase came in at $23.6 billion, up 20.9% from the prior year.
- Common Equity has now increased for seven consecutive years, with a five-year compound annual growth rate of 13.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Common Equity was $19.51 billion in the year ended Dec 31, 2024 (+8.2%), $18.02 billion in the year ended Dec 31, 2023 (+14.3%), $15.77 billion in the year ended Dec 31, 2022 (+1.2%) and $15.58 billion in the year ended Dec 31, 2021 (+22.5%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Common Equity in data going back to the quarter ended Mar 31, 2009.
- Compared with a year earlier, Common Equity has increased for 14 straight quarters, with growth averaging 15.4% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was the quarter ended Dec 31, 2021 (growth of 24.0%); the worst was the quarter ended Dec 31, 2022 (a decline of 1.5%).
- Per Business Quant data, NTES's Common Equity in the three quarters before the quarter ended Jun 30, 2026 was $24.44 billion (quarter ended Mar 31, 2026), $23.27 billion (quarter ended Dec 31, 2025) and $22.47 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 640.48 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 261.22 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 29.29 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | 163.05 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | 12.68 Bn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 28.22 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | -10.78 Bn |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | 9.91 Bn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | 66.00 Bn |
| 10 | NetEase | 75.68 Bn | 33.93 Bn | 3.13 Bn | 24.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.63 Bn |
| Mar 31, 2026 | 23.83 Bn |
| Dec 31, 2025 | 23.59 Bn |
| Sep 30, 2025 | 21.95 Bn |
| Jun 30, 2025 | 20.86 Bn |
| Mar 31, 2025 | 19.80 Bn |
| Dec 31, 2024 | 19.51 Bn |
| Sep 30, 2024 | 18.85 Bn |
| Jun 30, 2024 | 18.01 Bn |
| Mar 31, 2024 | 17.61 Bn |
| Dec 31, 2023 | 18.01 Bn |
| Sep 30, 2023 | 16.44 Bn |
| Jun 30, 2023 | 15.76 Bn |
| Mar 31, 2023 | 15.81 Bn |
| Dec 31, 2022 | 15.62 Bn |
| Sep 30, 2022 | 14.79 Bn |
| Jun 30, 2022 | 15.05 Bn |
| Mar 31, 2022 | 15.39 Bn |
| Dec 31, 2021 | 15.58 Bn |
| Sep 30, 2021 | 12.95 Bn |
API Access
NetEase Common Equity 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=common-equity&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();