NetEase Reports Strong Q2 2025 Earnings Growth

Netease ( (NTES) ) has released its Q2 earnings. Here is a breakdown of the information Netease presented to its investors.

NetEase, Inc. is a leading internet and game services provider, known for its extensive gaming ecosystem and popular mobile and PC games in China and globally.

In its latest earnings report for the second quarter of 2025, NetEase reported a 9.4% increase in net revenues compared to the same quarter of 2024, reaching RMB27.9 billion (US$3.9 billion). The company also announced a quarterly dividend and highlighted its continued global expansion with successful game launches.

Key financial metrics from the report include a 13.7% increase in net revenues from games and related services, totaling RMB22.8 billion (US$3.2 billion). However, NetEase Cloud Music saw a 3.5% decrease in net revenues. The company achieved a gross profit of RMB18.1 billion (US$2.5 billion), marking a 12.5% year-over-year increase. Operating expenses slightly decreased by 0.6% to RMB9.0 billion (US$1.3 billion).

NetEase’s strategic focus on product innovation and global expansion was evident with new game launches like FragPunk and MARVEL Mystic Mayhem achieving top rankings in various regions. The company also reported strong player engagement across its established franchises and announced plans for new titles to further enrich its global pipeline.

Looking ahead, NetEase remains committed to scaling its original IP and enhancing player experiences through technological innovation and strategic partnerships. The management’s outlook suggests continued growth and value creation for its users, partners, and shareholders.