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NetEase Posts Steady Q4 2025 Revenue Growth and Higher Profitability

Story Highlights
  • NetEase delivered modest fourth-quarter 2025 revenue growth, driven by online games, education tech and music streaming.
  • Improved gross profit and solid non-GAAP earnings underscored resilient profitability despite rising operating expenses.
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NetEase Posts Steady Q4 2025 Revenue Growth and Higher Profitability

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

NetEase reported unaudited financial results for the fourth quarter and full year 2025, highlighting steady growth across its core businesses and announcing a quarterly dividend for shareholders. The board, led by founder William Lei Ding and supported by a slate of independent directors, affirmed the company’s governance structure as it continues to operate under dual listings in the U.S. and Hong Kong.

For the fourth quarter of 2025, net revenues rose 3.0% year on year to RMB27.5 billion, with gross profit up 8.7% to RMB17.7 billion, indicating improving profitability despite higher operating expenses. Games and related value-added services remained the main revenue driver with 3.4% growth, while Youdao and NetEase Cloud Music posted faster gains, partially offset by a decline in innovative businesses, and net income attributable to shareholders reached RMB6.2 billion, supported by robust non-GAAP earnings per share.

The most recent analyst rating on (HK:9999) stock is a Buy with a HK$247.00 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 China-based internet and online game services provider, listed on Nasdaq and the Hong Kong Stock Exchange. The company operates a diversified portfolio spanning online gaming, education technology under Youdao, music streaming through NetEase Cloud Music, and various innovative internet businesses and value-added services targeting domestic and global digital consumers.

Average Trading Volume: 5,989,311

Technical Sentiment Signal: Hold

Current Market Cap: HK$578.1B

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

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