NetEase (NTES) Inventory (2014 - 2026)

NetEase (NTES) has reported Inventory for 13 consecutive years, with $75.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Inventory fell 7.78% year-over-year to $75.4 million; the trailing twelve-month figure through Jun 2026 stood at $75.4 million (down 7.78% YoY), and the FY2025 full-year result was $98.6 million, up 25.86% from the prior year.
• Inventory eased to $75.4 million in Q2 2026 per NTES's latest filing, from $78.8 million in the prior quarter.
• Across five years, Inventory topped out at $139.7 million in Q4 2022 and bottomed at $71.2 million in Q1 2025.
• Historically, Inventory has averaged $100.1 million across 5 years, with a median of $92.8 million in 2025.
• The sharpest annual moves came in 2024 and 2025: Inventory slumped 34.06% in 2024, then climbed 22.12% in 2025.
• Over 5 years, Inventory stood at $139.7 million in 2022, then plunged by 30.87% to $96.6 million in 2023, then decreased by 17.61% to $79.6 million in 2024, then grew by 22.12% to $97.2 million in 2025, then decreased by 22.36% to $75.4 million in 2026.
• According to Business Quant data, Inventory over the past three periods registered $75.4 million, $78.8 million, and $97.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.