NetEase (NTES) Exchange Rate Effect (2009 - 2026)
NetEase's (NTES) quarterly Exchange Rate Effect came in at -$27.7 million in Q2 2026, down 530.41% on a YoY basis from $6.4 million in Q2 2025, and up 43.76% quarter-over-quarter from -$49.2 million in Q1 2026.
Analysis
NetEase (NTES) Exchange Rate Effect (2009 - 2026) Analysis & Trends
NetEase (NTES) has reported Exchange Rate Effect for 18 consecutive years, with -$27.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 530.41% year-over-year to -$27.7 million; the trailing twelve-month figure through Jun 2026 stood at -$118.1 million (down 1907.01% YoY), and the FY2025 full-year result was -$54.7 million, down 3812.83% from the prior year.
- Exchange Rate Effect grew to -$27.7 million in Q2 2026 per NTES's latest filing, from -$49.2 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $15.8 million in Q4 2024 and bottomed at -$135.0 million in Q2 2022.
- Historically, Exchange Rate Effect has averaged -$16.0 million across 5 years, with a median of -$6.4 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Exchange Rate Effect surged 167.81% in 2023, then plunged 1738.49% in 2024.
- Over 5 years, Exchange Rate Effect stood at $7.5 million in 2022, then tumbled by 423.36% to -$24.2 million in 2023, then surged by 165.45% to $15.8 million in 2024, then plunged by 256.55% to -$24.8 million in 2025, then fell by 11.58% to -$27.7 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$27.7 million, -$49.2 million, and -$24.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn | -27.67 Mn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | -5.00 Mn |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn | -1.30 Mn |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn | -1.00 Mn |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 | -21,588.45 |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn | 600,000.00 |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn | -3.66 Mn |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 | - |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn | - |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - | 972,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.67 Mn |
| Mar 31, 2026 | -49.21 Mn |
| Dec 31, 2025 | -24.80 Mn |
| Sep 30, 2025 | -16.47 Mn |
| Jun 30, 2025 | -4.39 Mn |
| Mar 31, 2025 | -7.83 Mn |
| Dec 31, 2024 | 15.84 Mn |
| Sep 30, 2024 | -9.51 Mn |
| Jun 30, 2024 | 1.14 Mn |
| Mar 31, 2024 | -6.03 Mn |
| Dec 31, 2023 | -24.20 Mn |
| Sep 30, 2023 | 580,230.20 |
| Jun 30, 2023 | -6.84 Mn |
| Mar 31, 2023 | 2.27 Mn |
| Dec 31, 2022 | 7.49 Mn |
| Sep 30, 2022 | 507,317.04 |
| Jun 30, 2022 | -134.98 Mn |
| Mar 31, 2022 | -3.34 Mn |
| Dec 31, 2021 | 54.31 Mn |
| Sep 30, 2021 | -24.31 Mn |