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网易公司 NetEase, Inc.(NTES)2025年第四季度及全年财务业绩投资者演示材料「NASDAQ」(英文版)(14页).pdf

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1、4Q25 Investor PresentationInvestor Relations February 11,2026NetEaseThis announcement contains statements of a forward-looking nature.These statements are made under the“safe harbor”provisions of the U.S.Private Securities Litigation Reform Act of 1995.You can identify these forward-looking statemen

2、ts by terminology such as“will,”“expects,”“anticipates,”“future,”“intends,”“plans,”“believes,”“estimates”and similar expressions.In addition,statements that are not historical facts,including statements about NetEases strategies and business plans,its expectations regarding the growth of its busines

3、s and its revenue and the quotations from management in this announcement are or contain forward-looking statements.NetEase may also make forward-looking statements in its periodic reports to the U.S.Securities and Exchange Commission(the“SEC”),in announcements made on the website of The Stock Excha

4、nge of Hong Kong Limited(the“Hong Kong Stock Exchange”),in press releases and other written materials and in oral statements made by its officers,directors or employees to third parties.The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause

5、actual results to differ materially from those projected or anticipated,including risks related to:the risk that the online games market will not continue to grow or that NetEase will not be able to maintain its position in that market in China or globally;risks associated with NetEases business and

6、 operating strategies and its ability to implement such strategies;NetEases ability to develop and manage its operations and business;competition for,among other things,capital,technology and skilled personnel;potential changes in regulatory environment in the markets where NetEase operates;the risk

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1. **公司概况**:网易(NTES/9999)是领先的互联网与游戏服务商,核心业务为游戏,旗下有道(DAO)、网易云音乐(9899)等子公司。 2. **财务表现**:2025年4Q营收39亿美元(同比+3.0%),净利润8.93亿美元(同比-28.8%);净现金234亿美元,市值782亿美元。 3. **游戏业务**:占营收97%,AI全面赋能开发;旗舰游戏《梦幻西游》《漫威 rivals》表现强劲,全球累计玩家超8000万。 4. **创新业务**:有道首次实现经营性净现金流;网易云音乐用户与 engagement 稳增;网易严选巩固生活方式品牌地位。 5. **ESG评级**:MSCI媒体娱乐行业领导者,道琼斯可持续发展指数成员,标普全球ESG评分50/100。
**网易AI布局?** **游戏收入趋势?** **ESG表现如何?**
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