NetEase (NTES) EBITDA margin US GAAP (year values)
FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
EBITDA margin, % ? 22.5% 23.3% 29.7% 30.4% 33.8%   35.2%  
Changes by years, y/y, % -2pp +1pp +6pp +1pp +3pp     +6.7%
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NetEase. EBITDA margin, %

NetEase. EBITDA margin, changes, pp

NetEase (NTES) EBITDA margin US GAAP (quarter values)
FY2025Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1   LTM ?
EBITDA margin, % ? 37.9% 34.0% 30.4% 32.8% 42.8%   35.2%
Changes by years, y/y, % +7pp +4pp +1pp +1pp +5pp    
Changes by quarters, q/q, % +6pp -4pp -4pp +2pp +10pp    

NetEase. EBITDA margin, %

NetEase. EBITDA margin, changes, pp

NetEase. EBITDA margin, changes, pp


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