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NetEase (NTES) Invested Capital (2016 - 2025)

NetEase's Invested Capital history spans 17 years, with the latest figure at $22.6 billion for Q4 2025.

  • Quarterly results put Invested Capital at $22.6 billion for Q4 2025, up 17.05% from a year ago — trailing twelve months through Dec 2025 was $22.6 billion (up 17.05% YoY), and the annual figure for FY2025 was $22.3 billion, up 17.4%.
  • Invested Capital for Q4 2025 was $22.6 billion at NetEase, up from $19.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $22.6 billion in Q4 2025 to a low of $15.8 billion in Q4 2022.
  • The 5-year median for Invested Capital is $17.8 billion (2023), against an average of $18.3 billion.
  • The sharpest move saw Invested Capital grew 25.28% in 2021, then fell 1.84% in 2022.
  • Year by year, Invested Capital stood at $16.1 billion in 2021, then decreased by 1.84% to $15.8 billion in 2022, then increased by 12.19% to $17.8 billion in 2023, then increased by 8.64% to $19.3 billion in 2024, then grew by 17.05% to $22.6 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods came in at $22.6 billion, $19.3 billion, and $17.8 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.