Pretax income is the income that a company earns before paying income taxes. NetEase's pretax income for the
three
months ended in Mar. 2026 was $1,940 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was $5,924 Mil.
NetEase's pretax margin was 43.70%.
During the past 13 years, NetEase's highest Pretax Margin was 36.53%. The lowest was 20.87%. And the median was 29.40%.
NetEase (OTCPK:NETTF) Pre-Tax Income Explanation
NetEase's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as
During the past 13 years, NetEase's highest Pretax Margin was 36.53%. The lowest was 20.87%. And the median was 29.40%.
* 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.
NetEase Pre-Tax Income Related Terms
NetEase Pre-Tax Income Historical Data
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The historical data trend for NetEase's Pre-Tax Income 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.
NETTF vs EA, TTWO, RBLX: Pre-Tax Income Comparison
For the Electronic Gaming & Multimedia subindustry, NetEase's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where NetEase's Pre-Tax Income falls into.
Pre-Tax Income 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 $5,924 Mil.
* 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.
NetEase (NETTF) has a Pre-Tax Income of $5,924 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on NetEase and its competitors.
Is NetEase's Pre-Tax Income too high?
NetEase's current Pre-Tax Income is $5,924 Mil. Overall, NetEase has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Pre-Tax Income compare to EA and TTWO?
NetEase's Pre-Tax Income of $5,924 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 Pre-Tax Income for an Interactive Media company?
A good Pre-Tax Income depends on the Interactive Media industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on NetEase and its competitors. NetEase's current Pre-Tax Income is $5,924 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 $23.59, compared to a current price of $24.26 — trading 2.8% above its estimated fair value. The current Pre-Tax Income is $5,924 Mil. NetEase's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For NetEase (NETTF), the current Pre-Tax Income is $5,924 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 overvalued.
The current stock price of $24.26 is trading 2.8% above its estimated GF Value™ of $23.59.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
Pre-Tax Income: $5,924 Mil
GF Value™: $23.59 vs. price of $24.26 (2.8% above 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.
93GF Score
Get the complete analysis for NETTF
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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