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 🔒
DateValue
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