网易公司 NetEase, Inc.（NTES）2025年第四季度及全年业绩报告「NASDAQ」（英文版）（14页）.pdf

1、1Contact for Media and Investors:Email: Tel:(+86)571-8985-3378 NetEase Announces Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results Hangzhou,China,February 11,2026-NetEase,Inc.(NASDAQ:NTES and HKEX:9999,“NetEase”or the“Company”),a leading internet and game services provider,today announ

2、ced its unaudited financial results for the fourth quarter and fiscal year ended December 31,2025.Fourth Quarter 2025 Financial Highlights Net revenues were RMB27.5 billion(US$3.9 billion),an increase of 3.0%compared with the same quarter of 2024.Games and related value-added services net revenues w

3、ere RMB22.0 billion(US$3.1 billion),an increase of 3.4%compared with the same quarter of 2024.Youdao net revenues were RMB1.6 billion(US$223.7 million),an increase of 16.8%compared with the same quarter of 2024.NetEase Cloud Music net revenues were RMB2.0 billion(US$281.5 million),an increase of 4.7

4、%compared with the same quarter of 2024.Innovative businesses and others net revenues were RMB2.0 billion(US$292.8 million),a decrease of 10.4%compared with the same quarter of 2024.Gross profit was RMB17.7 billion(US$2.5 billion),an increase of 8.7%compared with the same quarter of 2024.Total opera

5、ting expenses were RMB9.4 billion(US$1.3 billion),an increase of 10.9%compared with the same quarter of 2024.Net income attributable to the Companys shareholders was RMB6.2 billion(US$892.6 million).Non-GAAP net income attributable to the Companys shareholders was RMB7.1 billion(US$1.0 billion).1Bas

6、ic net income per share was US$0.28(US$1.40 per ADS).Non-GAAP basic net income per share was US$0.32(US$1.58 per ADS).11 As used in this announcement,non-GAAP net income attributable to the Companys shareholders and non-GAAP basic and diluted net income per share and per ADS are defined to exclude s