NetEase annual free cash flow
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2025
NetEase Free Cash Flow (FCF) History (NTES)
NetEase reported ¥49.67B in free cash flow for fiscal 2025, an increase of 29.36% from the previous fiscal year, with a free cash flow margin of 44.11%.
View full NetEase company overviewNetEase free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥49.67B | ¥11.27B | +29.36% | +44.11% |
| 2024 | 2024-12-31 | ¥38.40B | ¥5.37B | +16.26% | +36.47% |
| 2023 | 2023-12-31 | ¥33.03B | ¥7.42B | +28.98% | +31.92% |
| 2022 | 2022-12-31 | ¥25.61B | ¥2.28B | +9.79% | +26.54% |
| 2021 | 2021-12-31 | ¥23.32B | −¥507.7M | −2.13% | +26.62% |
| 2020 | 2020-12-31 | ¥23.83B | ¥7.83B | +48.89% | +32.35% |
| 2019 | 2019-12-31 | ¥16.01B | ¥4.76B | +42.33% | +27.02% |
| 2018 | 2018-12-31 | ¥11.25B | ¥1.01B | +9.89% | +21.97% |
| 2017 | 2017-12-31 | ¥10.23B | −¥4.12B | −28.69% | +23.03% |
| 2016 | 2016-12-31 | ¥14.35B | ¥7.14B | +99.05% | +37.59% |
| 2015 | 2015-12-31 | ¥7.21B | ¥1.87B | +35.14% | +31.62% |
| 2014 | 2014-12-31 | ¥5.34B | ¥318.7M | +6.35% | +42.75% |
| 2013 | 2013-12-31 | ¥5.02B | ¥971.3M | +24.01% | +51.34% |
| 2012 | 2012-12-31 | ¥4.05B | ¥382.8M | +10.45% | +48.28% |
| 2011 | 2011-12-31 | ¥3.66B | ¥1.11B | +43.25% | +49.02% |
| 2010 | 2010-12-31 | ¥2.56B | ¥870.2M | +51.59% | +45.18% |
| 2009 | 2009-12-31 | ¥1.69B | −¥197.7M | −10.49% | +44.12% |
| 2008 | 2008-12-31 | ¥1.88B | — | — | — |
NetEase quarterly free cash flow
No reported data
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
NetEase free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from ¥23.83B to ¥49.67B, a compound annual growth rate of 15.82%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review NetEase filings at SEC.gov ↗