NetEase (NTES) Gains from Equity Investments (2009 - 2020)
NetEase (NTES) recorded Gains from Equity Investments of $1.06 billion in the quarter ended Jun 30, 2026, down 15.9% from $1.26 billion a year earlier and down 32.5% from the prior quarter.
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Analysis
NetEase (NTES) Gains from Equity Investments (2009 - 2020) Analysis & Trends
On a TTM basis, NetEase's Gains from Equity Investments came in at $4.75 billion as of Jun 30, 2026, down 2.8% year-over-year; for the year ended Dec 31, 2025, it came in at $4.98 billion, up 20.0% from the prior year.
- Annual Gains from Equity Investments has increased for five straight years, with a five-year compound annual growth rate of 21.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gains from Equity Investments came in at $4.15 billion in the year ended Dec 31, 2024 (+0.2%), $4.13 billion in the year ended Dec 31, 2023 (+43.7%), $2.88 billion in the year ended Dec 31, 2022 (+8.0%) and $2.66 billion in the year ended Dec 31, 2021 (+41.0%).
- Quarterly Gains from Equity Investments has ranged from $513.74 million in the quarter ended Sep 30, 2021 to $1.57 billion in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, Gains from Equity Investments rose in five of the last eight quarters, with growth averaging 10.3%.
- Peak year-over-year performance for Gains from Equity Investments in the last five years was growth of 527.9% in the quarter ended Dec 31, 2021, against a decline of 39.5% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.57 billion (quarter ended Mar 31, 2026), $898.11 million (quarter ended Dec 31, 2025) and $1.23 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn |
| 10 | NetEase | 75.68 Bn | 33.93 Bn | 3.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 39.02 Mn |
| Sep 30, 2020 | 4.18 Mn |
| Jun 30, 2020 | 1.55 Mn |
| Mar 31, 2020 | 6.62 Mn |
| Dec 31, 2019 | -1.74 Mn |
| Sep 30, 2019 | -1.23 Mn |
| Jun 30, 2019 | -133,804.72 |
| Mar 31, 2019 | 2.58 Mn |
| Dec 31, 2018 | 2.55 Mn |
| Sep 30, 2018 | 3.23 Mn |
| Jun 30, 2018 | 7.49 Mn |
| Mar 31, 2018 | 1.72 Mn |
| Dec 31, 2017 | -3.15 Mn |
| Sep 30, 2017 | -326,879.53 |
| Jun 30, 2017 | 1.19 Mn |
| Mar 31, 2017 | 3.93 Mn |
| Dec 31, 2016 | 5.28 Mn |
| Sep 30, 2016 | 437,816.35 |
| Jun 30, 2016 | 4.65 Mn |
| Mar 31, 2016 | 2.53 Mn |
API Access
NetEase Gains from Equity Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "ticker": "NTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();