NetEase Reports Q3 Net Revenues of RMB28.4 Billion and Net Income of RMB8.6 Billion

Reuters11-20

NetEase Inc. reported net revenues of RMB28.4 billion (US$4.0 billion) for the third quarter of 2025, an increase of 8.2% compared to the same period in 2024. Games and related value-added services net revenues rose 11.8% to RMB23.3 billion (US$3.3 billion). Youdao net revenues grew 3.6% to RMB1.6 billion (US$228.8 million). NetEase Cloud Music net revenues were RMB2.0 billion (US$275.9 million), down 1.8% year-over-year. Innovative businesses and others net revenues declined 18.9% to RMB1.4 billion (US$202.1 million). Gross profit was RMB18.2 billion (US$2.6 billion), up 10.3% from the previous year. Net income attributable to shareholders was RMB8.6 billion (US$1.2 billion).

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