The table below shows NetEase, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$16.11B
$14.43B
$14.57B
$13.99B
$13.75B
$11.29B
Cost of revenue
$5.75B
$5.41B
$5.69B
$6.34B
$6.38B
$5.32B
Gross profit
$10.35B
$9.02B
$8.88B
$7.65B
$7.37B
$5.97B
R&D
$2.53B
$2.40B
$2.32B
$2.18B
$2.21B
$1.59B
NTES annual revenue (10-K history)
NetEase, Inc. reported annual revenue of $16.11B for fiscal year 2025. That is up 11.6% from $14.43B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $5.50B (FY 2016) to $16.11B. Figures come from the company's audited annual reports as filed with the SEC.
