NetEase (NTES) Enterprise Value (2009 - 2025)
NetEase posted quarterly Enterprise Value of -$9.9 billion for Q4 2025, down 48.21% year-on-year from -$19.0 billion in Q4 2024, and down 48.21% on a QoQ basis from -$6.6 billion in Q4 2024.
NetEase (NTES) has 17 years of Enterprise Value data on file, last reported at -$9.9 billion in Q4 2025.
- For the quarter ending Q4 2025, Enterprise Value fell 48.21% year-over-year to -$9.9 billion; the trailing twelve-month figure through Dec 2025 stood at -$9.9 billion (down 48.21% YoY), and the FY2025 full-year result was -$9.7 billion, down 202.8% from the prior year.
- Enterprise Value for Q4 2025 stood at -$9.9 billion, down from -$6.6 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$2.1 billion in Q4 2021 and bottomed at -$9.9 billion in Q4 2025.
- The 5-year median for Enterprise Value is -$3.9 billion (2022), against an average of -$5.2 billion.
- The widest annual swing landed in 2023, when Enterprise Value gained 13.32%; it then plunged 98.68% in 2024.
- A 5-year view of Enterprise Value shows it stood at -$2.1 billion in 2021, then plunged by 83.83% to -$3.9 billion in 2022, then increased by 13.32% to -$3.3 billion in 2023, then plunged by 98.68% to -$6.6 billion in 2024, then sank by 48.21% to -$9.9 billion in 2025.
- The last three Enterprise Value figures came in at -$9.9 billion (Q4 2025), -$6.6 billion (Q4 2024), and -$3.3 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - | -9.85 Bn |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn | -2.86 Bn |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn | -2.36 Bn |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn | -3.22 Bn |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn | -779.20 Mn |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | -808.15 Mn |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - | -108.32 Mn |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn | -533.21 Mn |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn | -159.93 Mn |
| 10 | GCL Global Holdings | 84.04 Mn | -16,894.62 Bn | - | -16,894.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -9.85 Bn |
| Sep 30, 2025 | -568,370.98 Bn |
| Jun 30, 2025 | 96,491.68 Bn |
| Mar 31, 2025 | 42,281.85 Bn |
| Dec 31, 2024 | -6.65 Bn |
| Sep 30, 2024 | 64,400.94 Bn |
| Jun 30, 2024 | 61,629.88 Bn |
| Mar 31, 2024 | 26,410.79 Bn |
| Dec 31, 2023 | -3.35 Bn |
| Sep 30, 2023 | 105.43 Bn |
| Jun 30, 2023 | 136,030.98 Bn |
| Mar 31, 2023 | 118,540.97 Bn |
| Dec 31, 2022 | -3.86 Bn |
| Sep 30, 2022 | -3.05 Bn |
| Jun 30, 2022 | -2.97 Bn |
| Mar 31, 2022 | 95.68 Bn |
| Dec 31, 2021 | -2.10 Bn |
| Sep 30, 2021 | -334.24 Bn |
| Jun 30, 2021 | -301.54 Bn |
| Mar 31, 2021 | -274.08 Bn |
| Dec 31, 2020 | -1.70 Bn |
| Sep 30, 2020 | -1.65 Bn |
| Jun 30, 2020 | -2.28 Bn |
| Mar 31, 2020 | -1.11 Bn |
| Dec 31, 2019 | -2.47 Bn |
| Sep 30, 2019 | -1.42 Bn |
| Jun 30, 2019 | -1.87 Bn |
| Mar 31, 2019 | -2.15 Bn |
| Dec 31, 2018 | -1.28 Bn |
| Sep 30, 2018 | -2.05 Bn |
| Jun 30, 2018 | -2.06 Bn |
| Mar 31, 2018 | -2.31 Bn |
| Dec 31, 2017 | -1.17 Bn |
| Sep 30, 2017 | -2.17 Bn |
| Jun 30, 2017 | -2.07 Bn |
| Mar 31, 2017 | -1.88 Bn |
| Dec 31, 2016 | -3.60 Bn |
| Sep 30, 2016 | -1.24 Bn |
| Jun 30, 2016 | -1.37 Bn |
| Mar 31, 2016 | -1.28 Bn |
| Dec 31, 2015 | -1.72 Bn |
| Sep 30, 2015 | -1.35 Bn |
| Jun 30, 2015 | -1.12 Bn |
| Mar 31, 2015 | -705.66 Mn |
| Dec 31, 2014 | -3.35 Bn |
| Sep 30, 2014 | -664.29 Mn |
| Jun 30, 2014 | -807.48 Mn |
| Mar 31, 2014 | -590.99 Mn |
| Dec 31, 2013 | -603.78 Mn |
| Sep 30, 2013 | -533.24 Mn |
| Jun 30, 2013 | -606.73 Mn |
| Mar 31, 2013 | -565.42 Mn |
| Dec 31, 2012 | -2.36 Bn |
| Sep 30, 2012 | -230.01 Mn |
| Jun 30, 2012 | -391.75 Mn |
| Mar 31, 2012 | -383.00 Mn |
| Dec 31, 2011 | -403.15 Mn |
| Sep 30, 2011 | -323.62 Mn |
| Jun 30, 2011 | -278.78 Mn |
| Mar 31, 2011 | -213.96 Mn |
| Dec 31, 2010 | -1.43 Bn |
| Sep 30, 2010 | -309.39 Mn |
| Jun 30, 2010 | -214.11 Mn |
| Mar 31, 2010 | -157.43 Mn |
| Dec 31, 2009 | -1.03 Bn |
| Sep 30, 2009 | -199.98 Mn |
| Jun 30, 2009 | -128.17 Mn |
| Mar 31, 2009 | -128.25 Mn |