NetEase Reports Strong Q1 2025 Financial Performance

Netease ( (NTES) ) has released its Q1 earnings. Here is a breakdown of the information Netease presented to its investors.

NetEase, Inc. is a prominent internet and game services provider, known for developing and operating popular mobile and PC games in China and globally, with a focus on premium content and a robust in-house R&D team. In the first quarter of 2025, NetEase reported a 7.4% increase in net revenues, reaching RMB28.8 billion, driven by strong performance in its gaming segment, which saw a 12.1% rise in revenues. Despite declines in other segments like Youdao and NetEase Cloud Music, the company’s gross profit increased by 8.6% to RMB18.5 billion, while operating expenses decreased by 14.4%. NetEase’s net income attributable to shareholders rose to RMB10.3 billion, with a non-GAAP net income of RMB11.2 billion. The company attributed its growth to the success of new game titles and the sustained popularity of established franchises. Looking ahead, NetEase remains committed to innovation and expanding its global game pipeline, while maintaining focus on long-term operations and strategic collaborations to enhance player experiences worldwide.