NetEase (NTES) Free Cash Flow (2009 - 2026)

NetEase's Free Cash Flow history runs 18 years deep, the most recent figure standing at $2.0 billion for Q1 2026.

• Quarterly Free Cash Flow rose 17.35% year-over-year to $2.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.5 billion (up 24.46% YoY) and the FY2025 annual result came in at $7.0 billion, up 31.57% from the prior year.
• Free Cash Flow was $2.0 billion for Q1 2026 at NetEase, down from $2.1 billion in the prior quarter.
• Across five years, Free Cash Flow topped out at $2.1 billion in Q4 2025 and bottomed at $840.1 million in Q1 2022.
• A 5-year average of $1.5 billion and a median of $1.4 billion in 2023 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2024 — Free Cash Flow declined 20.93% — and 2025, when it soared 65.07%.
• NetEase's Free Cash Flow stood at $1.3 billion in 2022, then increased by 29.76% to $1.7 billion in 2023, then grew by 8.64% to $1.9 billion in 2024, then increased by 13.72% to $2.1 billion in 2025, then retreated by 3.87% to $2.0 billion in 2026.
• Business Quant data shows NTES's Free Cash Flow at $2.0 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.8 billion in Q3 2025.