NetEase NTES
NASDAQ NTES
$128.17 +8.36 (+6.98%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

NetEase's (NTES) quarterly Free Cash Flow came in at $2.0 billion in Q1 2026, up 17.35% YoY from $1.7 billion in Q1 2025, and down 3.87% on a QoQ basis from $2.1 billion in Q4 2025.

NetEase (NTES) Free Cash Flow (2009 - 2026) Analysis & Trends

NetEase (NTES) has 18 years of Free Cash Flow data on file, last reported at $2.0 billion in 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 $7.2 billion, up 35.2% from the prior year.
  • Free Cash Flow fell to $2.0 billion in Q1 2026, from $2.1 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.1 billion in Q4 2025 to a low of $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 decreased 20.93% — and 2025, when it soared 65.07%.
  • Tracing NTES's Free Cash Flow over 5 years: stood at $1.3 billion in 2022, then climbed by 29.76% to $1.7 billion in 2023, then advanced by 8.64% to $1.9 billion in 2024, then climbed by 13.72% to $2.1 billion in 2025, then declined by 3.87% to $2.0 billion in 2026.
  • The last three Free Cash Flow figures came in at $2.0 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 NetEase 81.78 Bn -13,107,903.63 Bn 3.06 Bn 2.03 Bn
2 Electronic Arts 52.84 Bn 50.56 Bn 1.71 Bn -318.00 Mn
3 Take Two Interactive Software 44.71 Bn 42.88 Bn 882.50 Mn -193.80 Mn
4 Roblox 27.61 Bn 24.60 Bn 1.18 Bn 296.00 Mn
5 Playtika Holding 900.12 Mn 461.62 Mn 538.20 Mn 23.50 Mn
6 DoubleDown Interactive 637.75 Mn 182.53 Mn 71.22 Mn 24.47 Mn
7 Gravity 496.85 Mn 496.41 Mn 34,891.11 -
8 Sohu.com 359.34 Mn -473.63 Mn 106.58 Mn -
9 Gdev 196.54 Mn 196.54 Mn - 4.00 Mn
10 Meridian Holdings 179.08 Mn 161.77 Mn 26.85 Mn 6.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.03 Bn
Mar 31, 2026 2.03 Bn
Dec 31, 2025 2.11 Bn
Dec 31, 2025 2.11 Bn
Sep 30, 2025 1.85 Bn
Sep 30, 2025 1.85 Bn
Jun 30, 2025 1.53 Bn
Jun 30, 2025 1.53 Bn
Mar 31, 2025 1.73 Bn
Mar 31, 2025 1.73 Bn
Dec 31, 2024 1.85 Bn
Dec 31, 2024 1.85 Bn
Sep 30, 2024 1.53 Bn
Sep 30, 2024 1.53 Bn
Jun 30, 2024 925.61 Mn
Jun 30, 2024 925.61 Mn
Mar 31, 2024 1.39 Bn
Mar 31, 2024 1.39 Bn
Dec 31, 2023 1.71 Bn
Dec 31, 2023 1.71 Bn