Operations
As of August 21, 2026Key Earnings Driver
Online Games Games and related value-added services revenue increased 9.7% year over year to RMB25.0B, with Online Games accounting for approximately 97.7% of division revenue. The Fantasy Westward Journey franchise, Identity V, Eggy Party, Sword of Justice and Where Winds Meet sustained solid momentum through ongoing content updates, gameplay innovation and vibrant community activities. Youdao revenue increased 3.5%, NetEase Cloud Music revenue was relatively stable at RMB2.0B, and Innovative businesses and others revenue declined 3.5%.
Key Operating Metrics¹
METRIC
STATUS
Games and related value–added services↑ 9.7%
Online Games
🟢 Scaling
Key Financial Metrics
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from NetEase website and/or SEC filings for Q2, with status based on reported data.