NetEase, Inc. (NTES) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2016: 16.52B CNY2017: 19.39B CNY2018: 23.83B CNY2019: 27.69B CNY2020: 34.68B CNY2021: 40.64B CNY2022: 43.73B CNY2023: 40.40B CNY2024: 39.49B CNY2025: 40.22B CNY40.22B CNY
2016Cost of Revenue (CNY)2025
Fiscal YearCost of RevenueChange YoY
202540.22B CNY+1.9%
202439.49B CNY-2.3%
202340.40B CNY-7.6%
202243.73B CNY+7.6%
202140.64B CNY+17.2%
202034.68B CNY+25.3%
201927.69B CNY+16.2%
201823.83B CNY+22.9%
201719.39B CNY+17.4%
201616.52B CNY