NetEase (NTES) Tax Rate (2020)
NetEase's Tax Rate was -25.54% in the quarter ended Jun 30, 2026, down 10.89 percentage points from -14.66% a year earlier and down 6.67 percentage points from the prior quarter.
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Analysis
NetEase (NTES) Tax Rate (2020) Analysis & Trends
On a trailing twelve-month basis, NetEase's Tax Rate was -18.63% through Jun 30, 2026, down 3.80 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -14.77%, up 0.52 percentage points from the prior year.
- Tax Rate shows a five-year change of +5.01 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was -15.29% in the year ended Dec 31, 2024 (-1.49 pp), -13.80% in the year ended Dec 31, 2023 (+6.95 pp), -20.75% in the year ended Dec 31, 2022 (-1.19 pp) and -19.56% in the year ended Dec 31, 2021 (+0.23 pp).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Tax Rate since the quarter ended Dec 31, 2020.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -1.73 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Dec 31, 2021 (a gain of 23.00 percentage points); the worst was the quarter ended Jun 30, 2026 (a drop of 10.89 percentage points).
- Per Business Quant data, NTES's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was -18.88% (quarter ended Mar 31, 2026), -16.41% (quarter ended Dec 31, 2025) and -13.02% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,890.87 Bn | 3,648.40 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,637.40 Bn | 1,339.92 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 270.40 Bn | 231.70 Bn | 6.80 Bn | 15.13% |
| 4 | Alibaba Group Holding | 231.40 Bn | 53.61 Bn | 15.11 Bn | - |
| 5 | Shopify | 218.48 Bn | 195.66 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 136.01 Bn | 107.99 Bn | 6.38 Bn | 25.63% |
| 7 | Spotify Technology | 120.19 Bn | 77.10 Bn | 1.89 Bn | 26.52% |
| 8 | Booking Holdings | 117.09 Bn | 50.14 Bn | - | 23.83% |
| 9 | PDD Holdings | 112.51 Bn | -131.27 Bn | 9.45 Bn | - |
| 10 | NetEase | 75.72 Bn | 34.62 Bn | 3.13 Bn | - |
API Access
NetEase Tax Rate 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=tax-rate&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();