What is the current annual net margin of NTES?

As of today, NTES annual net margin is 30.90%

What is 1-year change in NTES annual net margin?

NTES annual net margin is up +7.55% year-over-year

What is 3-year change in NTES annual net margin?

NTES annual net margin is up +55.12% over the past 3 years

How far is NTES annual net margin from its all-time high?

NTES annual net margin is currently -48.12% below its historical high of 59.56% set on December 31, 2003

How does NTES annual net margin rank versus sector peers?

NTES annual net margin is higher than 96.62% of companies in Communication Services sector

When is NTES next annual earnings release?

As of today, the next annual earnings release for NTES has not been scheduled

What is the current quarterly net margin of NTES?

As of today, NTES quarterly net margin is 35.45%

What is NTES quarterly net margin most recent change?

NTES quarterly net margin was up +53.33% on March 31, 2026

What is 1-year change in NTES quarterly net margin?

NTES quarterly net margin is down -3.09% year-over-year

How far is NTES quarterly net margin from its all-time high?

NTES quarterly net margin is currently -51.29% below its historical high of 72.78% set on December 31, 2008

How does NTES quarterly net margin rank versus sector peers?

NTES quarterly net margin is higher than 97.41% of companies in Communication Services sector

When is NTES next earnings release?

The next earnings release for NTES is on August 13, 2026

NetEase, Inc. (NTES) Net Margin History & Chart Since 1999

Annual Net Margin

30.90%2.17%+7.55%

December 31, 2025

Summary

Current Value: As of today, NTES annual net margin is 30.90%, up +7.55% on December 31, 2025
Historical Performance: NTES annual net margin is up +55.12% over the past 3 years, up +84.59% over the past 5 years
All-Time High Comparison: NTES annual net margin is currently -48.12% below its historical high of 59.56% set on December 31, 2003
3-Year Low Comparison: NTES annual net margin is +55.12% above its 3-year low of 19.92% reached on an earlier date
Sector Comparison: NTES annual net margin is higher than 96.62% of companies in Communication Services sector

Net Margin Chart

beforeafter

Performance

NTES Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	30.90%	+7.5%	+55.1%	+84.6%	-23.8%
Quarterly Net Margin	Mar 31, 26	35.45%	-3.1%	+32.3%	+61.1%	-27.6%
Price	Jul 31, 26	$133.27	+2.3%	+22.6%	+30.4%	+1219.0%
PE Ratio	Jul 31, 26	17.84	+1.0%	-7.2%	-53.6%	+16.1%
Annual Revenue	Dec 31, 25	$15.67B	+7.1%	+9.3%	+46.8%	+1825.3%
Annual Net Income	Dec 31, 25	$4.84B	+15.1%	+69.6%	+171.0%	+1367.8%
Annual Gross Margin	Dec 31, 25	64.29%	+2.9%	+17.6%	+21.5%	-2.7%
Annual Operating Margin	Dec 31, 25	31.82%	+13.2%	+56.4%	+61.2%	-31.1%

Net Margin Highs

NTES Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	30.90%	Dec 31, 25	at high
5Y	30.90%	Dec 31, 25	at high
All	59.56%	Dec 31, 03	-48.1%

Net Margin Lows

NTES Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	19.92%	N/A	+55.1%
5Y	16.74%	N/A	+84.6%
All	-895.90%	Dec 31, 01	+103.5%

Net Margin History

Year	Value	Change
2025	30.90%	+7.6%
2024	28.73%	+1.3%
2023	28.37%	+42.4%
2022	19.92%	+2.8%
2021	19.38%	+15.8%
2020	16.74%	-26.4%
2019	22.74%	+35.0%
2018	16.84%	-16.0%
2017	20.05%	-35.1%
2016	30.89%	+3.0%
2015	29.98%	-26.8%
2014	40.94%	-15.3%
2013	48.34%	+10.5%
2012	43.73%	-1.1%

Year	Value	Change
2011	44.21%	+9.1%
2010	40.53%	-17.1%
2009	48.89%	-5.5%
2008	51.76%	-9.4%
2007	57.11%	-0.5%
2006	57.40%	-0.7%
2005	57.80%	+18.3%
2004	48.85%	-18.0%
2003	59.56%	+707.0%
2002	7.38%	+100.8%
2001	-895.90%	-61.4%
2000	-555.04%	-66.8%
1999	-332.72%	-

FAQ

What is the current annual net margin of NTES?: As of today, NTES annual net margin is 30.90%
What is 1-year change in NTES annual net margin?: NTES annual net margin is up +7.55% year-over-year
What is 3-year change in NTES annual net margin?: NTES annual net margin is up +55.12% over the past 3 years
How far is NTES annual net margin from its all-time high?: NTES annual net margin is currently -48.12% below its historical high of 59.56% set on December 31, 2003
How does NTES annual net margin rank versus sector peers?: NTES annual net margin is higher than 96.62% of companies in Communication Services sector
When is NTES next annual earnings release?: As of today, the next annual earnings release for NTES has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

35.45%12.33%+53.33%

March 31, 2026

Summary

Current Value: As of today, NTES quarterly net margin is 35.45%, up +53.33% on March 31, 2026
Historical Performance: NTES quarterly net margin is down -3.09% year-over-year, up +32.33% over the past 3 years
All-Time High Comparison: NTES quarterly net margin is currently -51.29% below its historical high of 72.78% set on December 31, 2008
3-Year Low Comparison: NTES quarterly net margin is +53.33% above its 3-year low of 23.12% reached on December 31, 2025
Sector Comparison: NTES quarterly net margin is higher than 97.41% of companies in Communication Services sector

Performance

NTES Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Mar 31, 26	35.45%	+53.3%	-3.1%	+32.3%	+61.1%
Annual Net Margin	Dec 31, 25	30.90%	–	+7.5%	+55.1%	+84.6%
Price	Jul 31, 26	$133.27	+13.4%	+2.3%	+22.6%	+30.4%
PE Ratio	Jul 31, 26	17.84	+13.4%	+1.0%	-7.2%	-53.6%
Quarterly Revenue	Mar 31, 26	$4.42B	+13.7%	+11.5%	+20.7%	+39.5%
Quarterly Net Income	Mar 31, 26	$1.57B	+74.3%	+8.1%	+59.7%	+124.8%
Quarterly Gross Margin	Mar 31, 26	69.36%	+8.0%	+8.2%	+16.6%	+28.8%
Quarterly Operating Margin	Mar 31, 26	41.37%	+37.0%	+14.2%	+43.5%	+98.5%

Quarterly Net Margin Highs

NTES Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	35.45%	Mar 31, 26	at high
3Y	36.58%	Mar 31, 25	-3.1%
5Y	36.58%	Mar 31, 25	-3.1%
All	72.78%	Dec 31, 08	-51.3%

Quarterly Net Margin Lows

NTES Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	23.12%	Dec 31, 25	+53.3%
3Y	23.12%	Dec 31, 25	+53.3%
5Y	14.98%	Sep 30, 21	+136.7%
All	-1,295.32%	Jun 30, 01	+102.7%

Quarterly Net Margin History

Month	Value	Change
Mar 2026	35.45%	+53.3%
Dec 2025	23.12%	-25.4%
Sep 2025	31.01%	-4.8%
Jun 2025	32.58%	-10.9%
Mar 2025	36.58%	+9.7%
Dec 2024	33.34%	+30.3%
Sep 2024	25.59%	-4.5%
Jun 2024	26.79%	-7.8%
Mar 2024	29.06%	+18.1%
Dec 2023	24.60%	-14.1%
Sep 2023	28.64%	-15.7%
Jun 2023	33.98%	+26.8%
Mar 2023	26.79%	+78.2%
Dec 2022	15.03%	-44.6%
Sep 2022	27.11%	+40.4%
Jun 2022	19.31%	+5.4%
Mar 2022	18.32%	-21.1%
Dec 2021	23.23%	+55.1%
Sep 2021	14.98%	-11.6%
Jun 2021	16.94%	-23.0%
Mar 2021	22.00%	+365.1%
Dec 2020	4.73%	-68.4%
Sep 2020	14.97%	-41.5%
Jun 2020	25.58%	+10.5%
Mar 2020	23.15%	+17.8%
Dec 2019	19.65%	-30.9%
Sep 2019	28.44%	+20.8%
Jun 2019	23.54%	+20.7%
Mar 2019	19.51%	+7.0%
Dec 2018	18.24%	+15.0%
Sep 2018	15.86%	+14.1%
Jun 2018	13.90%	+144.7%
Mar 2018	5.68%	-36.3%
Dec 2017	8.91%	-56.3%
Sep 2017	20.37%	-9.0%
Jun 2017	22.39%	-23.9%
Mar 2017	29.41%	-4.1%
Dec 2016	30.68%	+1.1%
Sep 2016	30.35%	-2.4%
Jun 2016	31.10%	-1.6%
Mar 2016	31.60%	+15.7%
Dec 2015	27.31%	-5.6%
Sep 2015	28.94%	-8.3%
Jun 2015	31.57%	-11.5%
Mar 2015	35.66%	-3.3%
Dec 2014	36.88%	-1.8%
Sep 2014	37.56%	-14.9%
Jun 2014	44.14%	-7.3%
Mar 2014	47.60%	-7.5%
Dec 2013	51.45%	+16.1%
Sep 2013	44.33%	-7.5%
Jun 2013	47.93%	-3.5%
Mar 2013	49.66%	+11.3%

Month	Value	Change
Dec 2012	44.61%	+14.0%
Sep 2012	39.12%	-10.6%
Jun 2012	43.75%	-7.7%
Mar 2012	47.40%	+8.6%
Dec 2011	43.65%	+5.0%
Sep 2011	41.59%	-4.9%
Jun 2011	43.72%	-10.7%
Mar 2011	48.97%	+11.0%
Dec 2010	44.11%	+7.2%
Sep 2010	41.14%	+10.8%
Jun 2010	37.14%	-3.7%
Mar 2010	38.57%	-13.6%
Dec 2009	44.66%	-1.6%
Sep 2009	45.37%	-16.3%
Jun 2009	54.23%	+1.0%
Mar 2009	53.70%	-26.2%
Dec 2008	72.78%	+84.9%
Sep 2008	39.36%	-23.4%
Jun 2008	51.37%	+22.9%
Mar 2008	41.79%	-36.1%
Dec 2007	65.36%	+37.6%
Sep 2007	47.50%	-18.6%
Jun 2007	58.32%	+3.2%
Mar 2007	56.53%	-2.3%
Dec 2006	57.86%	+0.8%
Sep 2006	57.38%	+1.0%
Jun 2006	56.84%	-1.5%
Mar 2006	57.69%	-2.5%
Dec 2005	59.18%	+1.5%
Sep 2005	58.33%	-5.7%
Jun 2005	61.83%	+24.0%
Mar 2005	49.85%	+0.2%
Dec 2004	49.73%	+8.8%
Sep 2004	45.71%	-3.9%
Jun 2004	47.55%	-14.5%
Mar 2004	55.62%	-4.4%
Dec 2003	58.15%	-3.9%
Sep 2003	60.52%	+3.3%
Jun 2003	58.59%	-4.7%
Mar 2003	61.51%	+29.8%
Dec 2002	47.38%	+471.3%
Sep 2002	-12.76%	>-9,900.0%
Jun 2002	0.10%	+100.1%
Mar 2002	-78.20%	+79.8%
Dec 2001	-386.97%	+56.1%
Sep 2001	-880.81%	+32.0%
Jun 2001	-1,295.32%	-13.7%
Mar 2001	-1,139.35%	-466.5%
Dec 2000	-201.12%	+2.9%
Sep 2000	-207.21%	-4.3%
Jun 2000	-198.69%	+46.3%
Mar 2000	-370.17%	-

FAQ

What is the current quarterly net margin of NTES?: As of today, NTES quarterly net margin is 35.45%
What is NTES quarterly net margin most recent change?: NTES quarterly net margin was up +53.33% on March 31, 2026
What is 1-year change in NTES quarterly net margin?: NTES quarterly net margin is down -3.09% year-over-year
How far is NTES quarterly net margin from its all-time high?: NTES quarterly net margin is currently -51.29% below its historical high of 72.78% set on December 31, 2008
How does NTES quarterly net margin rank versus sector peers?: NTES quarterly net margin is higher than 97.41% of companies in Communication Services sector
When is NTES next earnings release?: The next earnings release for NTES is on August 13, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

NTES Official Website ir.netease.com
NTES Profile on Yahoo Finance finance.yahoo.com/quote/NTES
NTES Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ntes