NetEase (NTES) Retained Earnings (2009 - 2025)

NetEase posted quarterly Retained Earnings of -$33.5 million for Q4 2025, down 100.18% year-on-year from $18.1 billion in Q4 2024, and down 100.18% on a QoQ basis from $18.1 billion in Q4 2024.

NetEase (NTES) has 17 years of Retained Earnings data on file, last reported at -$33.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings fell 100.18% year-over-year to -$33.5 million; the trailing twelve-month figure through Dec 2025 stood at -$33.5 million (down 100.18% YoY), and the FY2025 full-year result was -$34.0 million, down 100.19% from the prior year.
  • Retained Earnings for Q4 2025 stood at -$33.5 million, down from $18.1 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $18.1 billion in Q4 2024 and bottomed at -$129.5 million in Q4 2021.
  • The 5-year median for Retained Earnings is $60.7 million (2022), against an average of $3.6 billion.
  • The widest annual swing landed in 2021, when Retained Earnings slumped 101.34%; it then jumped 21081.22% in 2024.
  • A 5-year view of Retained Earnings shows it stood at -$129.5 million in 2021, then surged by 146.87% to $60.7 million in 2022, then surged by 41.1% to $85.7 million in 2023, then surged by 21081.22% to $18.1 billion in 2024, then sank by 100.18% to -$33.5 million in 2025.
  • The last three Retained Earnings figures came in at -$33.5 million (Q4 2025), $18.1 billion (Q4 2024), and $85.7 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 NetEase 51.49 Bn 41.63 Bn - -33.52 Mn
2 Electronic Arts 50.24 Bn 47.38 Bn 1.76 Bn 6.61 Bn
3 Take Two Interactive Software 41.73 Bn 39.37 Bn 945.50 Mn -36.10 Mn
4 Roblox 34.28 Bn 31.06 Bn 1.15 Bn -5.31 Bn
5 Playtika Holding 1.29 Bn 514.59 Mn 384.10 Mn 8.60 Mn
6 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn -
7 Gdev 278.25 Mn 169.93 Mn - -239.22 Mn
8 DoubleDown Interactive 253.74 Mn -279.47 Mn 69.71 Mn 610.01 Mn
9 Skillz 136.00 Mn -23.93 Mn 25.51 Mn -1.10 Bn
10 GCL Global Holdings 84.04 Mn -16,894.62 Bn - 12,415.13 Bn

Historic Data

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DateValue
Dec 31, 2025 -33.52 Mn
Dec 31, 2024 18.14 Bn
Dec 31, 2023 85.66 Mn
Dec 31, 2022 60.71 Mn
Dec 31, 2021 -129.52 Mn
Dec 31, 2020 9.68 Bn
Mar 31, 2020 21.51 Mn
Dec 31, 2019 8.00 Bn
Mar 31, 2019 -8.70 Mn
Dec 31, 2018 6.36 Bn
Mar 31, 2018 4.31 Mn
Dec 31, 2017 6.46 Bn
Dec 31, 2016 5.18 Bn
Dec 31, 2015 4.30 Mn
Dec 31, 2014 3.46 Bn
Dec 31, 2013 3.04 Bn
Dec 31, 2012 2.29 Bn
Dec 31, 2011 1.83 Bn
Dec 31, 2010 1.29 Bn
Dec 31, 2009 942.48 Mn