NetEase, Inc. (NTES) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 30.59B | 27.55B | 28.36B | 27.89B | 28.83B | 26.75B | 26.21B | 25.49B | 26.85B | 27.14B | 27.27B | 24.01B |
| Revenue Growth % | 6.11% | 2.99% | 8.2% | 9.44% | 7.36% | -1.45% | -3.89% | 6.14% | 7.21% | 7.04% | 11.64% | 3.68% |
| Cost of Goods Sold | 9.37B | 9.85B | 10.18B | 9.84B | 10.35B | 10.48B | 9.73B | 9.44B | 9.84B | 10.32B | 10.3B | 9.64B |
| COGS % of Revenue | 30.64% | 35.77% | 35.9% | 35.28% | 35.9% | 39.16% | 37.14% | 37.05% | 36.63% | 38.01% | 37.78% | 40.13% |
| Gross Profit | 21.22B | 17.69B | 18.18B | 18.05B | 18.48B | 16.27B | 16.48B | 16.04B | 17.02B | 16.83B | 16.97B | 14.38B |
| Gross Margin % | 69.36% | 64.23% | 64.1% | 64.72% | 64.1% | 60.84% | 62.86% | 62.95% | 63.37% | 61.99% | 62.22% | 59.87% |
| Gross Profit Growth % | 14.81% | 8.73% | 10.32% | 12.53% | 8.6% | -3.29% | -2.89% | 11.59% | 14.23% | 27.04% | 23.45% | 11.08% |
| Operating Expenses | 8.56B | 9.37B | 10.16B | 8.99B | 8.04B | 8.45B | 9.33B | 9.05B | 9.39B | 9.96B | 9.41B | 8.31B |
| OpEx % of Revenue | 27.98% | 34.03% | 35.84% | 32.24% | 27.88% | 31.59% | 35.6% | 35.51% | 34.98% | 36.69% | 34.5% | 34.62% |
| Selling, General & Admin | 4.08B | 4.94B | 5.62B | 4.63B | 3.65B | 3.98B | 4.91B | 4.59B | 5.22B | 5.48B | 5.06B | 4.4B |
| SG&A % of Revenue | 13.33% | 17.93% | 19.83% | 16.62% | 12.67% | 14.88% | 18.72% | 18.02% | 19.44% | 20.18% | 18.56% | 18.34% |
| Research & Development | 4.48B | 4.43B | 4.54B | 4.36B | 4.39B | 4.47B | 4.42B | 4.46B | 4.17B | 4.48B | 4.35B | 3.91B |
| R&D % of Revenue | 14.65% | 16.1% | 16.02% | 15.62% | 15.22% | 16.71% | 16.88% | 17.48% | 15.55% | 16.5% | 15.94% | 16.28% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 12.66B | 8.32B | 8.01B | 9.06B | 10.44B | 7.82B | 7.15B | 6.99B | 7.62B | 6.87B | 7.56B | 6.06B |
| Operating Margin % | 41.37% | 30.2% | 28.26% | 32.49% | 36.22% | 29.24% | 27.27% | 27.44% | 28.39% | 25.31% | 27.71% | 25.25% |
| Operating Income Growth % | 21.22% | 6.36% | 12.13% | 29.57% | 36.98% | 13.87% | -5.44% | 15.35% | 5.57% | 54.92% | 59.39% | 22.57% |
| EBITDA | 13.09B | 9.03B | 8.63B | 9.49B | 10.92B | 8.52B | 7.67B | 7.63B | 8.19B | 7.53B | 8.21B | 6.72B |
| EBITDA Margin % | 42.78% | 32.78% | 30.44% | 34.02% | 37.89% | 31.85% | 29.25% | 29.92% | 30.5% | 27.74% | 30.1% | 28% |
| EBITDA Growth % | 19.83% | 5.99% | 12.57% | 24.45% | 33.35% | 13.16% | -6.61% | 13.4% | -1.35% | 44.7% | 50.48% | 21.04% |
| D&A (Non-Cash Add-back) | 430.58M | 710.42M | 617.87M | 428.43M | 480.76M | 697.45M | 520.57M | 631.96M | 567.92M | 659.77M | 651.86M | 661.36M |
| EBIT | 12.66B | 8.32B | 8.01B | 9.06B | 10.44B | 7.82B | 7.15B | 6.99B | 7.62B | 6.87B | 7.56B | 6.06B |
| Net Interest Income | 890.27M | 1.67B | 936.71M | 953.49M | 1.06B | 1.17B | 1.28B | 1.19B | 1.28B | 1.26B | 1.15B | 935.58M |
| Interest Income | 890.27M | 1.67B | 936.71M | 953.49M | 1.06B | 1.17B | 1.28B | 1.19B | 1.28B | 1.26B | 1.15B | 935.58M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 712.61M | -698.78M | 2.1B | 1.59B | 2.01B | 2.48B | 849.25M | 1.14B | 1.67B | 876.5M | 1.54B | 2.81B |
| Pretax Income | 13.37B | 7.62B | 10.11B | 10.65B | 12.45B | 10.3B | 8B | 8.13B | 9.29B | 7.74B | 9.1B | 8.87B |
| Pretax Margin % | 43.7% | 27.66% | 35.65% | 38.18% | 43.19% | 38.52% | 30.51% | 31.9% | 34.59% | 28.54% | 33.37% | 36.95% |
| Income Tax | 2.52B | 1.25B | 1.32B | 1.56B | 1.91B | 1.39B | 1.29B | 1.3B | 1.49B | 1.07B | 1.29B | 712.09M |
| Effective Tax Rate % | 18.88% | 16.41% | 13.02% | 14.66% | 15.3% | 13.44% | 16.13% | 16% | 16% | 13.8% | 14.18% | 8.03% |
| Net Income | 10.67B | 6.24B | 8.62B | 8.6B | 10.3B | 8.77B | 6.54B | 6.76B | 7.63B | 6.58B | 7.84B | 8.24B |
| Net Margin % | 34.89% | 22.66% | 30.38% | 30.84% | 35.73% | 32.77% | 24.95% | 26.52% | 28.43% | 24.25% | 28.74% | 34.33% |
| Net Income Growth % | 3.62% | -28.8% | 31.77% | 27.26% | 34.94% | 33.18% | -16.57% | -18% | 13.02% | 66.52% | 16.98% | 55.77% |
| Net Income (Continuing) | 10.85B | 6.37B | 8.79B | 9.09B | 10.55B | 8.92B | 6.71B | 6.83B | 7.8B | 6.68B | 7.81B | 8.16B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 4.63B | 4.81B | 4.68B | 4.52B | 4.04B | 3.81B | 3.58B | 3.44B | 3.36B | 3.8B | 3.97B | 4B |
| EPS (Diluted) | 16.55 | 9.50 | 13.35 | 13.35 | 16.05 | 13.65 | 10.15 | 10.40 | 11.75 | 10.10 | 12.05 | 12.70 |
| EPS Growth % | 3.12% | -30.4% | 31.53% | 28.37% | 36.6% | 35.15% | -15.77% | -18.11% | 13.53% | 66.94% | 18.72% | 58.75% |
| EPS (Basic) | 16.70 | 9.65 | 13.50 | 13.50 | 16.25 | 13.80 | 10.15 | 10.50 | 11.90 | 10.25 | 12.20 | 12.80 |
| Diluted Shares Outstanding | 645.47M | 645.58M | 644.7M | 642.94M | 641.27M | 641.22M | 651.3M | 651.3M | 649.89M | 650.63M | 649.93M | 649.78M |
| Basic Shares Outstanding | 639.62M | 638.36M | 638.25M | 637.73M | 634.78M | 642.23M | 644.22M | 644.22M | 642.33M | 651.71M | 642.77M | 643.76M |
| Dividend Payout Ratio | 48.31% | 40.45% | 29.99% | 35.83% | 54.21% | 22.62% | 30.17% | 33.51% | 64.78% | 34.32% | 30.92% | 25.71% |