NetEase's second-quarter 2026 revenue rose 7.9% on the year to RMB30.1 billion while shareholders' net income fell to RMB7.0 billion

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

NetEase reported net revenues of RMB30.1 billion (US$4.4 billion) for the second quarter of 2026, an increase of 7.9% on the same quarter of 2025, in a Form 6-K filed on Aug 20, 2026. A Form 6-K is the report a foreign company files with the US Securities and Exchange Commission for news it has published elsewhere; this one attached the results announcement NetEase made with the Hong Kong stock exchange. The figures are unaudited and prepared under US accounting rules (GAAP); dollar amounts are conversions at RMB6.7851 to the dollar, the rate for June 30, 2026, and percentages are calculated in renminbi. Net revenues were RMB30.6 billion in the preceding quarter and RMB27.9 billion in the same quarter of 2025.1^,2^,3^,4^,5^,6^,7

Games and related value-added services, the segment that includes NetEase's online games, brought in RMB25.0 billion (US$3.7 billion) in the quarter, 9.7% more than in the same quarter of 2025, and the operation of online games made up about 97.7% of the segment's revenue. The segment's revenue had been RMB25.7 billion in the preceding quarter and RMB22.8 billion in the same quarter of 2025. NetEase tied the rise on the year to higher revenue from self-developed games, such as the Fantasy Westward Journey franchise and Where Winds Meet, and the fall from the preceding quarter to a slight decline in revenue from certain self-developed and licensed games. It said Where Winds Meet and Marvel Rivals extended their international reach with new content and community initiatives in markets including North America and Europe; NetEase develops and publishes Marvel Rivals. Sea of Remnants launched in China in July 2026, the company said.8^,9^,10^,11^,12^,13^,14

Net income attributable to NetEase's shareholders was RMB7.0 billion (US$1.0 billion) in the quarter, against RMB8.6 billion in the same quarter of 2025 and RMB10.7 billion in the preceding quarter. Operating profit, the profit before other income and expenses and tax, rose to RMB12.09 billion in the quarter from RMB9.06 billion a year earlier. Net investment income turned to a loss of RMB2.95 billion in the quarter, from income of RMB328 million a year earlier. NetEase put the changes in other income and expenses mainly down to a decline in the fair value of equity security investments and impairment provisions made in the quarter. The effective tax rate was 25.5%, against 14.7% in the same quarter of 2025.15^,16^,17^,18^,19

For the six months ended June 30, 2026, net revenues were RMB60.7 billion (US$8.9 billion), against RMB56.7 billion in the same period of 2025, an increase of 7.0%, and net income attributable to shareholders was RMB17.7 billion, against RMB18.9 billion. Chief executive William Ding said NetEase's performance in the first half of 2026 reflected players' growing enthusiasm for both newly launched and established games.20^,21^,22^,23