NetEase Capital Expenditures (CapEx) Growth & History (NTES)
NetEase's capital expenditures (capex) was $152.3M for fiscal 2025.
View full NetEase company overviewNetEase annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $152.3M | −$22.4M | −12.81% |
| 2024 | 2024-12-31 | $174.7M | −$149.4M | −46.10% |
| 2023 | 2023-12-31 | $324.2M | $19.7M | +6.46% |
| 2022 | 2022-12-31 | $304.5M | $53.1M | +21.14% |
| 2021 | 2021-12-31 | $251.4M | $89.6M | +55.38% |
| 2020 | 2020-12-31 | $161.8M | −$12.0M | −6.88% |
| 2019 | 2019-12-31 | $173.7M | −$194.0M | −52.75% |
| 2018 | 2018-12-31 | $367.7M | $84.5M | +29.81% |
| 2017 | 2017-12-31 | $283.3M | $119.7M | +73.19% |
| 2016 | 2016-12-31 | $163.6M | $29.8M | +22.29% |
| 2015 | 2015-12-31 | $133.7M | $47.1M | +54.41% |
| 2014 | 2014-12-31 | $86.6M | $50.4M | +139.48% |
| 2013 | 2013-12-31 | $36.2M | $7.5M | +26.12% |
| 2012 | 2012-12-31 | $28.7M | −$36.5M | −55.99% |
| 2011 | 2011-12-31 | $65.2M | $20.0M | +44.33% |
| 2010 | 2010-12-31 | $45.1M | — | — |
NetEase capital expenditures (capex) trends
Over the last five fiscal years, NetEase's capital expenditures (capex) decreased from $161.8M to $152.3M, a change of −$9.4M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review NetEase source filings ↗