NETEASE INC-ADR (NTES) Earnings History & Surprises

NASDAQ:NTESUS64110W1027

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NTES Earnings overview

Past quarterly earnings results for NETEASE INC-ADR (NTES), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
May 13, 2026
Period
Q1 / 2026
EPS Estimate
CN¥15.66
Revenue Estimate
30.123B

Last Reported

Most Recent
Release Date
Feb 11, 2026
Period
Q4 / 2025
EPS Reported
CN¥10.95
EPS Surprise
-24.40%
Revenue Surprise
-5.94%

Beat Rate

Last 8 Quarters
19%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in CNY): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 10.95 14.48 -24.40% -27.44% 27.547B 29.286B -5.94% 2.99%
Q3 2025 14.73 15.07 -2.28% 26.66% 28.359B 29.739B -4.64% 8.20%
Q2 2025 14.81 15.22 -2.68% 22.90% 27.892B 29.027B -3.91% 9.44%
Q1 2025 17.51 14.26 22.83% 33.66% 28.829B 29.056B -0.78% 7.36%
Q4 2024 15.09 12.99 16.21% 32.95% 26.748B 27.721B -3.51% -1.45%
Q3 2024 11.63 12.76 -8.86% -12.56% 26.21B 27.323B -4.07% -3.89%
Q2 2024 12.05 12.35 -2.42% -13.18% 25.486B 26.456B -3.67% 6.14%
Q1 2024 13.10 12.94 1.23% 12.74% 26.852B 27.425B -2.09% 7.21%
Q4 2023 11.35 12.58 -9.75% 54.42% 27.14B 28.89B -6.06% 7.04%
Q3 2023 13.30 10.85 22.59% 17.18% 27.27B 28.281B -3.57% 11.64%
Q2 2023 13.88 9.25 50.13% 69.27% 24.011B 25.452B -5.66% 3.68%
Q1 2023 11.62 8.99 29.30% 50.91% 25.046B 25.534B -1.91% 6.33%
Q4 2022 7.35 8.16 -9.89% -25.00% 25.354B 25.86B -1.96% 4.02%
Q3 2022 11.35 7.56 50.05% 97.39% 24.427B 25.107B -2.71% 10.08%
Q2 2022 8.20 6.85 19.79% 31.41% 23.159B 23.194B -0.15% 12.84%
Q1 2022 7.70 7.24 6.36% 3.08% 23.556B 22.823B 3.21% 14.81%
Q4 2021 9.80 6.73 45.53% 317.02% 24.374B 24.602B -0.93% 23.34%
Q3 2021 5.75 6.09 -5.56% 7.48% 22.191B 21.682B 2.35% 18.93%
Q2 2021 6.24 5.99 4.22% -21.65% 20.525B 20.928B -1.93% 12.87%
Q1 2021 7.47 6.37 17.18% 16.10% 20.517B 20.541B -0.12% 20.25%
Q4 2020 2.35 2.97 -20.89% - 19.762B 20.194B -2.14% -
Q3 2020 5.35 2.62 104.25% - 18.658B 18.593B 0.35% -
Q2 2020 7.96 6.58 21.04% - 18.185B 17.374B 4.67% -
Q1 2020 6.43 5.73 12.38% - 17.062B 15.898B 7.32% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

NTES EPS Q2Q GrowthNTES EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 100 200 300

Revenue Historical Q2Q growth and Acceleration

NTES Revenue Q2Q GrowthNTES Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 5 10 15 20

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
1
Average EPS beat (4)
-1.63%
Max EPS beat (4)
22.83%
Min EPS beat (4)
-24.40%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-3.82%
Max Revenue beat (4)
-0.78%
Min Revenue beat (4)
-5.94%

Analysis

In the last 4 quarters, NTES has beaten EPS estimates in 1 out of 4 releases
NTES has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, NTES reported -1.6% below the EPS estimates on average.
In the last 4 quarters, NTES reported -3.8% below the revenue estimates on average.

NETEASE INC-ADR / NTES Earnings FAQ

When did NETEASE INC-ADR (NTES) report earnings last quarter?

NETEASE INC-ADR (NTES) last reported earnings on 2/11/2026.

Can you provide information on whether NETEASE INC-ADR beat earnings estimates in the last quarter?

NETEASE INC-ADR (NTES) missed EPS estimates and missed revenue estimates in the most recent quarter.

How often does NETEASE INC-ADR (NTES) beat earnings estimates?

In the last 4 quarters, NETEASE INC-ADR (NTES) has beaten EPS estimates in 1 out of 4 releases.