tiprankstipranks
Advertisement
Advertisement

NetEase Posts Higher Q1 2026 Revenue and Profit on Strong Gaming Business

Story Highlights
  • NetEase delivered first-quarter 2026 revenue and profit growth led by its core online gaming franchise.
  • Stronger gross margins and disciplined costs supported higher net income despite weakness in innovative businesses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NetEase Posts Higher Q1 2026 Revenue and Profit on Strong Gaming Business

Meet Samuel – Your Personal Investing Prophet

An update from Netease Inc ( (HK:9999) ) is now available.

NetEase reported unaudited results for the first quarter of 2026, posting net revenues of RMB30.6 billion, up 6.1% year-on-year, driven largely by a 6.9% increase in games and related services and solid growth at Youdao and NetEase Cloud Music. Gross profit rose 14.8% to RMB21.2 billion, outpacing operating expense growth and supporting net income attributable to shareholders of RMB10.7 billion, underscoring the resilience of its core gaming franchise despite softness in innovative businesses revenue.

The most recent analyst rating on (HK:9999) stock is a Buy with a HK$246.00 price target. To see the full list of analyst forecasts on Netease Inc stock, see the HK:9999 Stock Forecast page.

More about Netease Inc

NetEase, Inc. is a leading Chinese internet and game services provider listed on Nasdaq and the Hong Kong Stock Exchange. The company generates most of its revenue from online games and related value-added services, supplemented by its online education platform Youdao, music streaming service NetEase Cloud Music, and other innovative digital businesses.

Average Trading Volume: 6,281,539

Technical Sentiment Signal: Hold

Current Market Cap: HK$563.2B

Find detailed analytics on 9999 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1