NTES · NetEase, Inc.

NetEase reported strong first-quarter results for fiscal 2026, with revenue growing 10.7% year-over-year to $13.64 billion, driven by robust performance in its games segment and expanding music streaming business. GAAP net income rose to $2.45 billion from $2.21 billion in the prior year, reflecting improved operational efficiency. On a non-GAAP basis, diluted EPS of $4.20 exceeded the GAAP figure of $3.80, primarily due to adjustments for share-based compensation and amortization of intangible assets. The company generated $3.1 billion in operating cash flow, underscoring its solid cash generation capabilities. Management attributed the results to successful game launches and increased user engagement across platforms. The board declared a quarterly dividend of $0.50 per share, payable on June 15, 2026, to shareholders of record as of May 20, 2026. No forward guidance was provided in the release.