NETEASE, INC. (NTES) Gross margin 2016–2025
NETEASE, INC. (NTES) gross margin by fiscal year — reported gross profit divided by reported revenue.
64.3%FY2025 · since FY2016: 56.7% → 64.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 64.3% | +1.8 pp |
| FY2024 | 62.5% | +1.5 pp |
| FY2023 | 60.9% | +6.3 pp |
| FY2022 | 54.7% | +1.1 pp |
| FY2021 | 53.6% | +0.7 pp |
| FY2020 | 52.9% | -0.3 pp |
| FY2019 | 53.3% | +11.0 pp |
| FY2018 | 42.3% | -5.6 pp |
| FY2017 | 47.9% | -8.8 pp |
| FY2016 | 56.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice