NetEase reports 6.1% revenue growth to RMB30.6 billion in Q1

Sarah Lin

·May 21 2026, 08:56

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Key Takeaways

Net revenues for the first quarter of 2026 reached RMB30.6 billion ($4.4 billion), a 6.1% increase year-over-year.
The results were announced for the quarter ending March 31, 2026, as part of the company's unaudited financials.
Further details on earnings per share, segment performance, and forward guidance were not included in the initial release.

NetEase Inc. (NASDAQ: NTES) reported first-quarter net revenues of RMB30.6 billion ($4.4 billion), a 6.1% increase from the same period in 2025, according to its latest unaudited financial results.

"The results were part of the company's unaudited financial statements for the first quarter ended March 31, 2026," the company said in a press release.

The 6.1% year-over-year revenue growth marks a key data point for the Chinese internet and gaming giant. The company did not provide a breakdown of revenue by segment, such as its gaming, Youdao, or Cloud Music divisions, in the initial announcement. Comparisons to consensus estimates for revenue and earnings per share were not available at the time of the release.

The report comes amid a busy week for tech and consumer earnings, with investors watching results from Nvidia (NVDA) and Walmart (WMT) to gauge the health of artificial intelligence and consumer spending. NetEase's performance will be closely watched for signs of strength in China's gaming market, a sector where it competes with giants like Tencent Holdings Ltd.

The top-line growth provides an initial signal of stable expansion for the company. Investors will now await the full earnings report and subsequent conference call for details on profit margins, user trends in flagship games, and the company's outlook for the rest of fiscal 2026.

This article is for informational purposes only and does not constitute investment advice.