NetEase (NTES) Current Deferred Revenue (2009 - 2025)
NetEase posted quarterly Current Deferred Revenue of $2.9 billion for Q4 2025, up 35.8% year-on-year from $2.1 billion in Q4 2024, and up 35.8% on a QoQ basis from $2.1 billion in Q4 2024.
NetEase (NTES) has 17 years of Current Deferred Revenue data on file, last reported at $2.9 billion in Q4 2025.
- For the quarter ending Q4 2025, Current Deferred Revenue rose 35.8% year-over-year to $2.9 billion; the trailing twelve-month figure through Dec 2025 stood at $2.9 billion (up 35.8% YoY), and the FY2025 full-year result was $2.9 billion, up 39.96% from the prior year.
- Current Deferred Revenue for Q4 2025 stood at $2.9 billion, up from $2.1 billion in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $2.9 billion in Q4 2025 and bottomed at $1.8 billion in Q4 2022.
- The 5-year median for Current Deferred Revenue is $1.9 billion (2021), against an average of $2.1 billion.
- The widest annual swing landed in 2022, when Current Deferred Revenue declined 7.24%; it then soared 35.8% in 2025.
- A 5-year view of Current Deferred Revenue shows it stood at $1.9 billion in 2021, then retreated by 7.24% to $1.8 billion in 2022, then increased by 5.43% to $1.9 billion in 2023, then gained by 14.77% to $2.1 billion in 2024, then surged by 35.8% to $2.9 billion in 2025.
- The last three Current Deferred Revenue figures came in at $2.9 billion (Q4 2025), $2.1 billion (Q4 2024), and $1.9 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn |
| 10 | GCL Global Holdings | 84.04 Mn | -16,894.62 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 360.39 Mn |
| Jun 30, 2025 | -99.36 Mn |
| Mar 31, 2025 | 347.52 Mn |
| Dec 31, 2024 | 2.13 Bn |
| Sep 30, 2024 | 311.41 Mn |
| Jun 30, 2024 | -175.48 Mn |
| Mar 31, 2024 | 220.13 Mn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 277.80 Mn |
| Jun 30, 2023 | 64.08 Mn |
| Mar 31, 2023 | 71.62 Mn |
| Dec 31, 2022 | 1.76 Bn |
| Sep 30, 2022 | 260.52 Mn |
| Jun 30, 2022 | 42.41 Mn |
| Mar 31, 2022 | -12.32 Mn |
| Dec 31, 2021 | 1.90 Bn |
| Sep 30, 2021 | 388.65 Mn |
| Jun 30, 2021 | -59.03 Mn |
| Mar 31, 2021 | 114.30 Mn |
| Dec 31, 2020 | 1.57 Bn |
| Sep 30, 2020 | 256.34 Mn |
| Jun 30, 2020 | 109.19 Mn |
| Mar 31, 2020 | 197.61 Mn |
| Dec 31, 2019 | 1.22 Bn |
| Sep 30, 2019 | 116.50 Mn |
| Jun 30, 2019 | -71.99 Mn |
| Mar 31, 2019 | 22.46 Mn |
| Dec 31, 2018 | 1.12 Bn |
| Sep 30, 2018 | 146.83 Mn |
| Jun 30, 2018 | -115.53 Mn |
| Mar 31, 2018 | 147.00 Mn |
| Dec 31, 2017 | 914.39 Mn |
| Sep 30, 2017 | 7.95 Mn |
| Jun 30, 2017 | -123.10 Mn |
| Mar 31, 2017 | -83.32 Mn |
| Dec 31, 2016 | 1.10 Bn |
| Sep 30, 2016 | 88.88 Mn |
| Jun 30, 2016 | 53.97 Mn |
| Mar 31, 2016 | -10.58 Mn |
| Dec 31, 2015 | 729.09 Mn |
| Sep 30, 2015 | 48.04 Mn |
| Jun 30, 2015 | 260.92 Mn |
| Mar 31, 2015 | 36.10 Mn |
| Dec 31, 2014 | 320.62 Mn |
| Sep 30, 2014 | 9.43 Mn |
| Jun 30, 2014 | 14.48 Mn |
| Mar 31, 2014 | 19.89 Mn |
| Dec 31, 2013 | 243.53 Mn |
| Sep 30, 2013 | 16.17 Mn |
| Jun 30, 2013 | 1.53 Mn |
| Mar 31, 2013 | 8.28 Mn |
| Dec 31, 2012 | 185.63 Mn |
| Sep 30, 2012 | 2.71 Mn |
| Jun 30, 2012 | 8.51 Mn |
| Mar 31, 2012 | 11.32 Mn |
| Dec 31, 2011 | 159.60 Mn |
| Sep 30, 2011 | 14.49 Mn |
| Jun 30, 2011 | 9.23 Mn |
| Mar 31, 2011 | 13.87 Mn |
| Dec 31, 2010 | 116.41 Mn |
| Sep 30, 2010 | 14.85 Mn |
| Jun 30, 2010 | 1.41 Mn |
| Mar 31, 2010 | 10.73 Mn |
| Dec 31, 2009 | 85.58 Mn |
| Sep 30, 2009 | 20.69 Mn |
| Jun 30, 2009 | -4.31 Mn |
| Mar 31, 2009 | 1.03 Mn |