NetEase (NTES) Tax Rate (2009 - 2026)
NetEase's (NTES) quarterly Tax Rate came in at 25.54% in Q2 2026, down 1089.0% on a YoY basis from 2.58% in Q2 2025, and down 35.31% quarter-over-quarter from 18.88% in Q1 2026.
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NetEase (NTES) Tax Rate (2009 - 2026) Analysis & Trends
NetEase (NTES) has reported Tax Rate for 18 consecutive years, with 25.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1089.0% year-over-year to 25.54%; the trailing twelve-month figure through Jun 2026 stood at 18.63% (down 380.0% YoY), and the FY2025 full-year result was 14.77%, up 52.0% from the prior year.
- Tax Rate eased to 25.54% in Q2 2026 per NTES's latest filing, from 18.88% in the prior quarter.
- Across five years, Tax Rate topped out at 8.03% in Q2 2023 and bottomed at 25.54% in Q2 2026.
- Historically, Tax Rate has averaged 16.92% across 5 years, with a median of 16.07% in 2024.
- The sharpest annual moves came in 2023 and 2026: Tax Rate surged 1395 bps in 2023, then plunged 1089 bps in 2026.
- Over 5 years, Tax Rate stood at 20.24% in 2022, then soared by 32 bps to 13.8% in 2023, then gained by 3 bps to 13.44% in 2024, then dropped by 22 bps to 16.41% in 2025, then plunged by 56 bps to 25.54% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.54%, 18.88%, and 16.41% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn | -25.54% |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 25.09% |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn | 30.83% |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn | -1.09% |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 | - |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn | 29.93% |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn | -22.36% |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 | 25.02% |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn | 103.54% |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - | -7.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.54% |
| Mar 31, 2026 | -18.88% |
| Dec 31, 2025 | -16.41% |
| Sep 30, 2025 | -13.02% |
| Jun 30, 2025 | -14.66% |
| Mar 31, 2025 | -15.30% |
| Dec 31, 2024 | -13.44% |
| Sep 30, 2024 | -16.13% |
| Jun 30, 2024 | -16.00% |
| Mar 31, 2024 | -16.00% |
| Dec 31, 2023 | -13.80% |
| Sep 30, 2023 | -14.18% |
| Jun 30, 2023 | -8.03% |
| Mar 31, 2023 | -19.53% |
| Dec 31, 2022 | -20.24% |
| Sep 30, 2022 | -19.33% |
| Jun 30, 2022 | -21.97% |
| Mar 31, 2022 | -22.03% |
| Dec 31, 2021 | -14.16% |
| Sep 30, 2021 | -19.55% |