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1、 1 Contact for Media and Investors:Email: Tel:(+86)571-8985-3378 NetEase Announces First Quarter 2025 Unaudited Financial Results Hangzhou,China,May 15,2025-NetEase,Inc.(NASDAQ:NTES and HKEX:9999,“NetEase”or the“Company”),a leading internet and game services provider,today announced its unaudited fi
2、nancial results for the first quarter ended March 31,2025.First Quarter 2025 Financial Highlights Net revenues were RMB28.8 billion(US$4.0 billion),an increase of 7.4%compared with the same quarter of 2024.Games and related value-added services net revenues were RMB24.0 billion(US$3.3 billion),an in
3、crease of 12.1%compared with the same quarter of 2024.Youdao net revenues were RMB1.3 billion(US$178.9 million),a decrease of 6.7%compared with the same quarter of 2024.NetEase Cloud Music net revenues were RMB1.9 billion(US$256.1 million),a decrease of 8.4%compared with the same quarter of 2024.Inn
4、ovative businesses and others net revenues were RMB1.6 billion(US$223.8 million),a decrease of 17.6%compared with the same quarter of 2024.Gross profit was RMB18.5 billion(US$2.5 billion),an increase of 8.6%compared with the same quarter of 2024.Total operating expenses were RMB8.0 billion(US$1.1 bi
5、llion),a decrease of 14.4%compared with the same quarter of 2024.Net income attributable to the Companys shareholders was RMB10.3 billion(US$1.4 billion).Non-GAAP net income attributable to the Companys shareholders was RMB11.2 billion(US$1.5 billion).1 Basic net income per share was US$0.45(US$2.24
6、 per ADS).Non-GAAP basic net income per share was US$0.49(US$2.44 per ADS).1 1 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 share-based compensation expenses.See the u