NetEase (NTES) EBIT Margin (2009 - 2026)
NetEase (NTES) posted EBIT Margin of 41.37% for Q1 2026, up 37.0% on a QoQ basis from 30.2% in Q4 2025, and up 516.0% year-over-year from 6.72% in Q1 2025.
NetEase (NTES) EBIT Margin (2009 - 2026) Analysis & Trends
NetEase's EBIT Margin history runs 18 years deep, the most recent figure standing at 41.37% for Q1 2026.
- Quarterly EBIT Margin rose 516.0% year-over-year to 41.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.33% (up 314.0% YoY) and the FY2025 annual result came in at 30.96%, up 287.0% from the prior year.
- EBIT Margin was 41.37% for Q1 2026 at NetEase, up from 30.2% in the prior quarter.
- Across five years, EBIT Margin topped out at 41.37% in Q1 2026 and bottomed at 17.49% in Q4 2022.
- A 5-year average of 27.62% and a median of 27.71% in 2023 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2022 — EBIT Margin slumped 142 bps — and 2023, when it surged 830 bps.
- NetEase's EBIT Margin stood at 17.49% in 2022, then surged by 45 bps to 25.31% in 2023, then advanced by 16 bps to 29.24% in 2024, then gained by 3 bps to 30.2% in 2025, then surged by 37 bps to 41.37% in 2026.
- Business Quant data shows NTES's EBIT Margin at 41.37% in Q1 2026, 30.2% in Q4 2025, and 28.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 26.60% |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 0.65% |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | -20.39% |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | 133.33% |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | 41.37% |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | -6.66% |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 19.05% |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | 6.30% |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | -30.06% |
| 10 | CTW Cayman | 118.94 Mn | 99.19 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.37% |
| Dec 31, 2025 | 30.20% |
| Sep 30, 2025 | 28.26% |
| Jun 30, 2025 | 32.49% |
| Mar 31, 2025 | 36.22% |
| Dec 31, 2024 | 29.24% |
| Sep 30, 2024 | 27.27% |
| Jun 30, 2024 | 27.44% |
| Mar 31, 2024 | 28.39% |
| Dec 31, 2023 | 25.31% |
| Sep 30, 2023 | 27.71% |
| Jun 30, 2023 | 25.25% |
| Mar 31, 2023 | 28.83% |
| Dec 31, 2022 | 17.49% |
| Sep 30, 2022 | 19.41% |
| Jun 30, 2022 | 21.36% |
| Mar 31, 2022 | 23.38% |
| Dec 31, 2021 | 18.91% |
| Sep 30, 2021 | 17.01% |
| Jun 30, 2021 | 18.31% |