NetEase revenue advances to RMB30.1 billion
- NetEase (NASDAQ:NTES) reported Q2 2026 net revenues of RMB30.1 billion, up 7.9% year-over-year.
- Gross profit increased 17.5% to RMB21.2 billion as cost of revenues declined.
- Net income attributable to shareholders fell to RMB7 billion due to higher effective tax rates and lower investment gains.
NetEase (NASDAQ:NTES) reported second quarter 2026 net revenues of RMB30.1 billion, up 7.9% year-over-year, while gross profit increased 17.5% to RMB21.2 billion as revenue growth continued across its gaming business.
The results compared with the prior-year period as games and related value-added services revenue increased 9.7% to RMB25 billion, while profitability was affected by changes in taxes and investment-related gains.
NetEase reported first-half 2026 net revenues of RMB60.7 billion, up 7% year-over-year, and gross profit of RMB42.4 billion, up 16.2%, while second-quarter net income attributable to shareholders declined to RMB7 billion.
The company’s first-half net income attributable to shareholders declined to RMB17.7 billion, with NetEase citing higher effective tax rates and lower investment-related gains as factors affecting earnings.
NetEase continues to generate revenue primarily through online games and related services, with gaming operations remaining the company’s largest business segment during the first half of 2026.
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