Netease (NTES) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $1.77
- EPS estimate
- $2.29
- EPS surprise
- −22.75%
- Revenue surprise
- +2.32%
- Revenue
- $4.4B
- Revenue estimate
- $4.3B
- Reported
- Aug 20, 2026
NetEase reported Q2 2026 results on August 20, 2026. Earnings per share were $1.77, below the $2.29 estimate by 22.75%. Revenue was $4.4 billion, ahead of the $4.3 billion consensus by 2.32%. Compared with Q2 2025, EPS fell about 15% from $2.07, while revenue rose about 13% from $3.9 billion. Revenue matched Q1 2026 as the highest quarterly figure in the table.
Over the longer run, annual EPS rose every year in the table, from $5.10 in 2022 to $7.02 in 2023, $7.20 in 2024 and $8.12 in 2025, about 59% higher over three years. Annual revenue grew more slowly, from $14.3 billion to $15.8 billion. Quarterly EPS swings more, with a high of $2.53 in Q1 2026 and a low of $0.89 in Q3 2021. The first half of 2026 adds up to $4.30 per share, about 4% below the $4.48 earned a year earlier. NetEase beat the EPS estimate in 13 of the last 20 quarters, but missed in two of the last three.
NetEase reported Q3 between November 14 and November 20 in each of the past five years. That points to mid-November 2026 for the next report, which will show whether EPS returns to year-over-year growth.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 20, 2026 | $2.29 | $1.77 | −22.75% | $4.4B | SEC |
| Q1 2026 | May 21, 2026 | $2.19 | $2.53 | +15.49% | $4.4B | SEC |
| Q4 2025 | Feb 11, 2026 | $2.03 | $1.57 | −22.73% | $3.9B | SEC |
| Q3 2025 | Nov 20, 2025 | $2.06 | $2.07 | +0.60% | $4.0B | SEC |
| Q2 2025 | Aug 14, 2025 | $2.08 | $2.07 | −0.61% | $3.9B | SEC |
| Q1 2025 | May 15, 2025 | $1.92 | $2.41 | +25.90% | $4.0B | SEC |
| Q4 2024 | Feb 20, 2025 | $1.72 | $2.07 | +20.35% | $3.7B | SEC |
| Q3 2024 | Nov 14, 2024 | $1.74 | $1.66 | −4.80% | $3.7B | SEC |
| Q2 2024 | Aug 22, 2024 | $1.65 | $1.66 | +0.43% | $3.5B | — |
| Q1 2024 | May 23, 2024 | $1.74 | $1.81 | +4.07% | $3.7B | SEC |
| Q4 2023 | Feb 29, 2024 | $1.72 | $1.60 | −6.98% | $3.8B | SEC |
| Q3 2023 | Nov 16, 2023 | $1.49 | $1.82 | +22.30% | $3.7B | SEC |
| Q2 2023 | Aug 24, 2023 | $1.26 | $1.91 | +51.94% | $3.3B | SEC |
| Q1 2023 | May 25, 2023 | $1.26 | $1.69 | +33.86% | $3.6B | SEC |
| Q4 2022 | Feb 23, 2023 | $1.18 | $1.07 | −9.50% | $3.7B | SEC |
| Q3 2022 | Nov 17, 2022 | $1.07 | $1.59 | +49.12% | $3.4B | — |
| Q2 2022 | Aug 18, 2022 | $1.08 | $1.22 | +13.03% | $3.5B | — |
| Q1 2022 | May 24, 2022 | $1.13 | $1.22 | +7.92% | $3.7B | — |
| Q4 2021 | Feb 24, 2022 | $1.02 | $1.56 | +52.96% | $3.8B | — |
| Q3 2021 | Nov 16, 2021 | $0.93 | $0.89 | −4.16% | $3.4B | — |
Quarterly revenue
Frequently asked questions
When did Netease (NTES) last report earnings?
Netease last reported on Aug 20, 2026, covering fiscal Q2 2026.
Did NTES beat earnings estimates?
No. Netease reported EPS of $1.77 for Q2 2026 against a $2.29 estimate — a 22.75% miss.
How much revenue did NTES report last quarter?
Netease reported $4.4B in revenue for Q2 2026, against a consensus estimate of $4.3B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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