NetEase (NTES) Payables (2009 - 2026)
NetEase (NTES) recorded Payables of $1.95 billion in the quarter ended Jun 30, 2026, up 59.0% from $1.23 billion a year earlier and up 105.7% from the prior quarter.
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Analysis
NetEase (NTES) Payables (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, NetEase reported Payables of $646.57 million, up 298.8% from the prior year.
- Across earlier years, Payables came in at $162.11 million in the year ended Dec 31, 2024 (-90.5%), $1.7 billion in the year ended Dec 31, 2023 (-36.5%), $2.68 billion in the year ended Dec 31, 2022 (+1.2%) and $2.65 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Payables since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Payables has increased for three consecutive quarters, with growth averaging 44.2% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 231.5% in the quarter ended Dec 31, 2025, against a decline of 88.7% in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $949.97 million (quarter ended Mar 31, 2026), $627.74 million (quarter ended Dec 31, 2025) and $766.3 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 3.34 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | 60.76 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | 5.15 Bn |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | 1.60 Bn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | 11.32 Bn |
| 10 | NetEase | 75.68 Bn | 33.93 Bn | 3.13 Bn | 1.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.00 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.67 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 1.72 Bn |
| Sep 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.92 Bn |
| Mar 31, 2024 | 3.56 Bn |
| Dec 31, 2023 | 2.83 Bn |
| Sep 30, 2023 | 1.66 Bn |
| Jun 30, 2023 | 1.74 Bn |
| Mar 31, 2023 | 4.11 Bn |
| Dec 31, 2022 | 3.65 Bn |
| Sep 30, 2022 | 3.69 Bn |
| Jun 30, 2022 | 4.32 Bn |
| Mar 31, 2022 | 3.72 Bn |
| Dec 31, 2021 | 3.19 Bn |
| Sep 30, 2021 | 3.20 Bn |
API Access
NetEase Payables 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=payables&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();