NetEase's gross profit for the
three
months ended in Mar. 2026 was $3,078 Mil. NetEase's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $10,656 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. NetEase's gross profit for the
three
months ended in Mar. 2026 was $3,078 Mil. NetEase's Revenue for the
three
months ended in Mar. 2026 was $4,439 Mil. Therefore, NetEase's Gross Margin % for the quarter that ended in Mar. 2026 was 69.36%.
NetEase had a gross margin of 69.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of NetEase was 65.72%. The lowest was 52.92%. And the median was 55.52%.
NetEase (OTCPK:NETTF) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
NetEase had a gross margin of 69.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage
NetEase Gross Profit Related Terms
NetEase Gross Profit Historical Data
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The historical data trend for NetEase's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Gaming & Multimedia subindustry, NetEase's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NetEase Gross Profit vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's Gross Profit distribution charts can be found below:
* The bar in red indicates where NetEase's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,656 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
NetEase (NETTF) has a Gross Profit of $10,656 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on NetEase and its competitors.
Is NetEase's Gross Profit too high?
NetEase's current Gross Profit is $10,656 Mil. Overall, NetEase has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Gross Profit compare to EA and TTWO?
NetEase's Gross Profit of $10,656 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Interactive Media company?
A good Gross Profit depends on the Interactive Media industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on NetEase and its competitors. NetEase's current Gross Profit is $10,656 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Fairly Valued. The stock's GF Value™ is $24.76, compared to a current price of $24.26 — trading 2% below its estimated fair value. The current Gross Profit is $10,656 Mil. NetEase's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For NetEase (NETTF), the current Gross Profit is $10,656 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NetEase (NETTF) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase stock appears to be undervalued.
The current stock price of $24.26 is trading 2% below its estimated GF Value™ of $24.76.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
Gross Profit: $10,656 Mil
GF Value™: $24.76 vs. price of $24.26 (2% below fair value)
No single metric tells the full story. See the NETTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
94GF Score
Get the complete analysis for NETTF
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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