NetEase (NTES) Tax Rate (2009 - 2026)
NetEase's (NTES) quarterly Tax Rate came in at 18.88% in Q1 2026, down 358.0% YoY from 7.32% in Q1 2025, and down 15.04% on a QoQ basis from 16.41% in Q4 2025.
NetEase (NTES) Tax Rate (2009 - 2026) Analysis & Trends
NetEase (NTES) has 18 years of Tax Rate data on file, last reported at 18.88% in Q1 2026.
- Quarterly Tax Rate fell 358.0% year-over-year to 18.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.97% (down 84.0% YoY) and the FY2025 annual result came in at 14.77%, down 52.0% from the prior year.
- Tax Rate fell to 18.88% in Q1 2026, from 16.41% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.03% in Q2 2023 to a low of 22.03% in Q1 2022.
- A 5-year average of 16.41% and a median of 16.0% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 1395 bps — and 2024, when it tumbled 798 bps.
- Tracing NTES's Tax Rate over 5 years: stood at 20.24% in 2022, then jumped by 32 bps to 13.8% in 2023, then increased by 3 bps to 13.44% in 2024, then decreased by 22 bps to 16.41% in 2025, then retreated by 15 bps to 18.88% in 2026.
- The last three Tax Rate figures came in at 18.88% (Q1 2026), 16.41% (Q4 2025), and 13.02% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | -18.88% |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 25.09% |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 30.83% |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | -1.09% |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 29.93% |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 22.36% |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 25.02% |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | 103.54% |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | - |
| 10 | Meridian Holdings | 176.93 Mn | 159.61 Mn | 26.85 Mn | 24.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.88% |
| Mar 31, 2026 | -18.88% |
| Mar 31, 2026 | -18.88% |
| Dec 31, 2025 | -16.41% |
| Dec 31, 2025 | -16.41% |
| Dec 31, 2025 | -16.41% |
| Sep 30, 2025 | -13.02% |
| Sep 30, 2025 | -13.02% |
| Sep 30, 2025 | -13.02% |
| Jun 30, 2025 | -14.66% |
| Jun 30, 2025 | -14.66% |
| Jun 30, 2025 | -14.66% |
| Mar 31, 2025 | -15.30% |
| Mar 31, 2025 | -15.30% |
| Mar 31, 2025 | -15.30% |
| Dec 31, 2024 | -13.44% |
| Dec 31, 2024 | -13.44% |
| Dec 31, 2024 | -13.44% |
| Sep 30, 2024 | -16.13% |
| Sep 30, 2024 | -16.13% |