NetEase, Inc. Earnings Recaps
Q2 2026
Aug 22, 2026
NetEase’s shares rose 3.9% following Q2 results, reflecting market approval of solid revenue growth driven by its games portfolio and successful content updates across key titles.
Key takeaways
- Total revenue reached RMB 30.1 billion in Q2, supported by strong performance in games and related value-added services, which generated RMB 25 billion in net revenues.
- The launch of Sea of Remnants and ongoing updates to established titles like Sword of Justice and Identity V helped maintain player engagement and expand content offerings.
- Eggy Party continued to perform well, hitting 700 million registered users and over 100 million monthly active users, with creator rewards reaching RMB 200 million driven by a vibrant UGC ecosystem.
- Major feature updates and anniversaries across multiple games, including NARAKA: BLADEPOINT’s cross-device integration and Fantasy Westward Journey Online’s expansion pack, contributed to sustained engagement.
- Innovation and live operations remain core strengths, enabling NetEase to refresh its game portfolio and support both domestic and international markets.