To the full analysis
NetEase stock: growth
NTESNetEase reported $16.89B in revenue for fiscal 2025, up 7% on the prior year, up 8.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
23.1%
per year from 2006 to 2025, per share 23.2%
Earnings (Annual rate)
19%
per year from 2006 to 2025, per share 19.1%
Free cash flow (Annual rate)
20.3%
per year from 2006 to 2025, per share 20.3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 8.9% | 17.3% | 23.1% |
| Revenue per share | 9.6% | 17.7% | 23.2% |
| Earnings | 22.9% | 17.5% | 19.0% |
| Earnings per share | 23.7% | 17.8% | 19.1% |
| Free cash flow | 17.5% | 21.2% | 20.3% |
| Free cash flow per share | 18.3% | 21.6% | 20.3% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $324.58M | $186.37M | $217.99M |
| 2007 | $331.91M | $189.57M | $192.17M |
| 2008 | $462.58M | $239.45M | $282.48M |
| 2009 | $563.41M | $277.5M | $252.95M |
| 2010 | $825.95M | $335.29M | $222.24M |
| 2011 | $1.09B | $485.02M | $543.24M |
| 2012 | $1.23B | $545.49M | $606.7M |
| 2013 | $1.38B | $666.43M | $752.23M |
| 2014 | $1.76B | $713.32M | $785.72M |
| 2015 | $3.42B | $1.01B | $1.06B |
| 2016 | $5.73B | $1.74B | $2.15B |
| 2017 | $6.66B | $1.61B | $1.51B |
| 2018 | $7.67B | $922.64M | $979.25M |
| 2019 | $8.88B | $3.18B | $2.08B |
| 2020 | $11.05B | $1.81B | $3.24B |
| 2021 | $13.14B | $2.53B | $3.27B |
| 2022 | $14.47B | $3.05B | $3.76B |
| 2023 | $15.52B | $4.41B | $4.66B |
| 2024 | $15.79B | $4.45B | $5.62B |
| 2025 | $16.89B | $5.06B | $7.25B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Mar 2019)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
