NetEase (NTES) Invested Capital (2009 - 2026)

NetEase (NTES) has reported Invested Capital for 18 consecutive years, with $27.0 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Invested Capital rose 18.29% year-over-year to $27.0 billion; the trailing twelve-month figure through Jun 2026 stood at $27.0 billion (up 18.29% YoY), and the FY2025 full-year result was $24.5 billion, up 15.68% from the prior year.
• Invested Capital grew to $27.0 billion in Q2 2026 per NTES's latest filing, from $26.0 billion in the prior quarter.
• Across five years, Invested Capital topped out at $27.0 billion in Q2 2026 and bottomed at $18.7 billion in Q3 2023.
• Historically, Invested Capital has averaged $21.5 billion across 5 years, with a median of $20.8 billion in 2023.
• The sharpest annual moves came in 2022 and 2023: Invested Capital advanced 22.9% in 2022, then fell 4.67% in 2023.
• Over 5 years, Invested Capital stood at $19.2 billion in 2022, then increased by 7.02% to $20.5 billion in 2023, then gained by 5.0% to $21.5 billion in 2024, then rose by 12.25% to $24.2 billion in 2025, then advanced by 11.86% to $27.0 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $27.0 billion, $26.0 billion, and $24.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.