NetEase (NTES) Shares Outstanding (Diluted) (2009 - 2026)
NetEase (NTES) recorded Shares Outstanding (Diluted) of 643.63 million in the quarter ended Jun 30, 2026, down 0.4% from 646.12 million a year earlier and unchanged from the prior quarter.
NetEase (NTES) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Starting with the quarter ended Mar 31, 2009, NetEase's Shares Outstanding (Diluted) history includes 70 quarters.
- Annual Shares Outstanding (Diluted) has declined for four straight years, with a five-year compound annual growth rate of -0.8% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 646.12 million in the year ended Dec 31, 2024 (-0.7%), 650.41 million in the year ended Dec 31, 2023 (-1.3%), 659.2 million in the year ended Dec 31, 2022 (-2.1%) and 673.5 million in the year ended Dec 31, 2021 (+0.5%).
- Quarterly Shares Outstanding (Diluted) has ranged from 643.63 million in the quarter ended Dec 31, 2025 to 673.5 million in the quarter ended Sep 30, 2022 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 15 consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 3.1% in the quarter ended Sep 30, 2021, against a decline of 2.1% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 643.63 million (quarter ended Mar 31, 2026), 643.63 million (quarter ended Dec 31, 2025) and 646.12 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 12.31 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 2.57 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 4.20 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | 2.40 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 2.05 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | 770.00 Mn |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | 210.51 Mn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | 1.48 Bn |
| 10 | NetEase | 75.68 Bn | 33.93 Bn | 3.13 Bn | 643.63 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 643.63 Mn |
| Mar 31, 2026 | 643.63 Mn |
| Dec 31, 2025 | 643.63 Mn |
| Sep 30, 2025 | 646.12 Mn |
| Jun 30, 2025 | 646.12 Mn |
| Mar 31, 2025 | 646.12 Mn |
| Dec 31, 2024 | 646.12 Mn |
| Sep 30, 2024 | 650.41 Mn |
| Jun 30, 2024 | 650.41 Mn |
| Mar 31, 2024 | 650.41 Mn |
| Dec 31, 2023 | 650.41 Mn |
| Sep 30, 2023 | 659.20 Mn |
| Jun 30, 2023 | 659.20 Mn |
| Mar 31, 2023 | 659.20 Mn |
| Dec 31, 2022 | 659.20 Mn |
| Sep 30, 2022 | 673.50 Mn |
| Jun 30, 2022 | 673.50 Mn |
| Mar 31, 2022 | 673.50 Mn |
| Dec 31, 2021 | 673.50 Mn |
| Sep 30, 2021 | 669.95 Mn |
NetEase Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();