NetEase (NTES) Revenue & Revenue Breakdown
NetEase Revenue Highlights
Latest Revenue (Y)
$103.47B
Latest Revenue (Q)
$26.85B
Main Segment (Y)
Cloud Music
NetEase Revenue by Period
NetEase Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $103.47B | 7.23% |
| 2022-12-31 | $96.50B | 10.15% |
| 2021-12-31 | $87.61B | 18.92% |
| 2020-12-31 | $73.67B | 24.35% |
| 2019-12-31 | $59.24B | -11.79% |
| 2018-12-31 | $67.16B | 24.13% |
| 2017-12-31 | $54.10B | 41.71% |
| 2016-12-31 | $38.18B | 67.43% |
| 2015-12-31 | $22.80B | 94.68% |
| 2014-12-31 | $11.71B | 27.37% |
| 2013-12-31 | $9.20B | 12.14% |
| 2012-12-31 | $8.20B | 12.49% |
| 2011-12-31 | $7.29B | 94.06% |
| 2010-12-31 | $3.76B | -1.74% |
| 2009-12-31 | $3.82B | 23.95% |
| 2008-12-31 | $3.08B | 39.37% |
| 2007-12-31 | $2.21B | 2.26% |
| 2006-12-31 | $2.16B | 34.24% |
| 2005-12-31 | $1.61B | 78.44% |
| 2004-12-31 | $903.60M | 66.64% |
| 2003-12-31 | $542.23M | 145.47% |
| 2002-12-31 | $220.89M | 680.38% |
| 2001-12-31 | $28.31M | -56.49% |
| 2000-12-31 | $65.05M | 316.52% |
| 1999-12-31 | $15.62M | - |
NetEase generated $103.47B in revenue during NA 2023, up 7.23% compared to the previous quarter, and up 154.07% compared to the same period a year ago.
NetEase Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $26.85B | -1.06% |
| 2023-12-31 | $27.14B | -0.48% |
| 2023-09-30 | $27.27B | 13.57% |
| 2023-06-30 | $24.01B | -4.13% |
| 2023-03-31 | $25.05B | -1.21% |
| 2022-12-31 | $25.35B | 3.80% |
| 2022-09-30 | $24.43B | 5.47% |
| 2022-06-30 | $23.16B | -1.68% |
| 2022-03-31 | $23.56B | -3.35% |
| 2021-12-31 | $24.37B | 9.84% |
| 2021-09-30 | $22.19B | 8.12% |
| 2021-06-30 | $20.52B | 0.04% |
| 2021-03-31 | $20.52B | 3.82% |
| 2020-12-31 | $19.76B | 5.91% |
| 2020-09-30 | $18.66B | 2.60% |
| 2020-06-30 | $18.18B | 6.58% |
| 2020-03-31 | $17.06B | 8.44% |
| 2019-12-31 | $15.73B | 7.51% |
| 2019-09-30 | $14.64B | -22.02% |
| 2019-06-30 | $18.77B | 2.25% |
| 2019-03-31 | $18.36B | -7.50% |
| 2018-12-31 | $19.84B | 17.73% |
| 2018-09-30 | $16.86B | 3.51% |
| 2018-06-30 | $16.28B | 14.89% |
| 2018-03-31 | $14.17B | -2.98% |
| 2017-12-31 | $14.61B | 17.07% |
| 2017-09-30 | $12.48B | -6.72% |
| 2017-06-30 | $13.38B | -1.94% |
| 2017-03-31 | $13.64B | 12.74% |
| 2016-12-31 | $12.10B | 31.34% |
| 2016-09-30 | $9.21B | 2.89% |
| 2016-06-30 | $8.95B | 13.11% |
| 2016-03-31 | $7.92B | 0.16% |
| 2015-12-31 | $7.90B | 18.45% |
| 2015-09-30 | $6.67B | 46.06% |
| 2015-06-30 | $4.57B | 24.80% |
| 2015-03-31 | $3.66B | 5.70% |
| 2014-12-31 | $3.46B | 11.11% |
| 2014-09-30 | $3.12B | 12.62% |
| 2014-06-30 | $2.77B | 17.00% |
| 2014-03-31 | $2.37B | -2.35% |
| 2013-12-31 | $2.42B | 2.79% |
| 2013-09-30 | $2.36B | 4.07% |
| 2013-06-30 | $2.26B | 5.20% |
| 2013-03-31 | $2.15B | -5.21% |
| 2012-12-31 | $2.27B | 13.43% |
| 2012-09-30 | $2.00B | 2.01% |
| 2012-06-30 | $1.96B | -0.16% |
| 2012-03-31 | $1.97B | -6.36% |
| 2011-12-31 | $2.10B | 7.22% |
| 2011-09-30 | $1.96B | 12.94% |
| 2011-06-30 | $1.73B | 15.58% |
| 2011-03-31 | $1.50B | -8.19% |
| 2010-12-31 | $1.63B | 16.66% |
| 2010-09-30 | $1.40B | 6.99% |
| 2010-06-30 | $1.31B | 12.41% |
| 2010-03-31 | $1.16B | -6.83% |
| 2009-12-31 | $1.25B | 43.99% |
| 2009-09-30 | $868.03M | 0.57% |
| 2009-06-30 | $863.09M | 11.23% |
| 2009-03-31 | $775.92M | -15.69% |
| 2008-12-31 | $920.29M | 13.16% |
| 2008-09-30 | $813.29M | -4.60% |
| 2008-06-30 | $852.49M | 30.74% |
| 2008-03-31 | $652.05M | 22.52% |
| 2007-12-31 | $532.21M | - |
NetEase generated $26.85B in revenue during Q1 2024, up -1.06% compared to the previous quarter, and up 105.91% compared to the same period a year ago.
NetEase Revenue Breakdown
NetEase Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Innovative businesses and others | $7.92B | $12.45B | - | - | - |
| Cloud Music | $8.99B | $7.00B | - | - | - |
| Youdao | $5.01B | $5.35B | - | - | - |
| Online game services | - | $62.81B | - | - | - |
| Youdao Learning Services | - | - | $2.15B | - | - |
| Advertising | - | - | $2.65B | $2.58B | $2.50B |
| Online Games Services | - | - | $54.61B | $46.42B | - |
| Products Sales And Other Services | - | - | $14.25B | $9.39B | - |
| Youdao Learning Services And Products | - | - | - | $851.87M | - |
| Service Other | - | - | - | - | $5.83B |
| Product | - | - | - | - | $18.64B |
NetEase's latest annual revenue breakdown by segment (product or service), as of Dec 22: Cloud Music (41.01%), Innovative businesses and others (36.13%), and Youdao (22.86%).
NetEase Peer Comparison by Revenue
NTES Revenue FAQ
What is NetEase’s yearly revenue?
NetEase's yearly revenue for 2023 was $103.47B, representing an increase of 7.23% compared to 2022. The company's yearly revenue for 2022 was $96.5B, representing an increase of 10.15% compared to 2021. NTES's yearly revenue for 2021 was $87.61B, representing an increase of 18.92% compared to 2020.
What is NetEase’s quarterly revenue?
NetEase's quarterly revenue for Q1 2024 was $26.85B, a -1.06% decrease from the previous quarter (Q4 2023), and a 7.21% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $27.14B, a -0.48% decrease from the previous quarter (Q3 2023), and a 7.04% increase year-over-year (Q4 2022). NTES's quarterly revenue for Q3 2023 was $27.27B, a 13.57% increase from the previous quarter (Q2 2023), and a 11.64% increase year-over-year (Q3 2022).
What is NetEase’s revenue growth rate?
NetEase's revenue growth rate for the last 3 years (2021-2023) was 18.11%, and for the last 5 years (2019-2023) was 74.66%.
What are NetEase’s revenue streams?
NetEase's revenue streams in c 22 are Innovative businesses and others, Cloud Music, and Youdao. Innovative businesses and others generated $7.92B in revenue, accounting 36.13% of the company's total revenue, down -36.34% year-over-year. Cloud Music generated $8.99B in revenue, accounting 41.01% of the company's total revenue, up 28.50% year-over-year. Youdao generated $5.01B in revenue, accounting 22.86% of the company's total revenue, down -6.37% year-over-year.
What is NetEase’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of NetEase was Cloud Music. This segment made a revenue of $8.99B, representing 41.01% of the company's total revenue.