NetEase (NTES) Payables (2009 - 2026)

NetEase (NTES) has reported Payables for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Payables rose 18.07% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (up 18.07% YoY), and the FY2025 full-year result was $1.0 billion, down 41.44% from the prior year.
• Payables grew to $2.0 billion in Q2 2026 per NTES's latest filing, from $1.7 billion in the prior quarter.
• Across five years, Payables topped out at $4.4 billion in Q2 2022 and bottomed at $990.8 million in Q4 2025.
• Historically, Payables has averaged $2.4 billion across 5 years, with a median of $1.9 billion in 2023.
• The sharpest annual moves came in 2022 and 2025: Payables grew 20.15% in 2022, then tumbled 60.26% in 2025.
• Over 5 years, Payables stood at $3.6 billion in 2022, then retreated by 21.7% to $2.8 billion in 2023, then plunged by 37.6% to $1.7 billion in 2024, then slumped by 43.18% to $990.8 million in 2025, then jumped by 97.23% to $2.0 billion in 2026.
• According to Business Quant data, Payables over the past three periods registered $2.0 billion, $1.7 billion, and $990.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.