NetEase reported second-quarter non-GAAP earnings per ADS of $1.78, missing analyst expectations by $0.53, while revenue of $4.4 billion rose 7.9% year over year and beat estimates by $30 million. Games and related value-added services net revenues were RMB25.0 billion, or US$3.7 billion, up 9.7% from the same quarter of 2025. Youdao net revenues increased 3.5% to RMB1.5 billion, or US$216.2 million, and NetEase Cloud Music net revenues were RMB2.0 billion, or US$291.4 million, relatively stable year over year. Innovative businesses and others net revenues decreased 3.5% to RMB1.6 billion, or US$241.6 million.
NetEase IncQ2 EPS missed by $0.53, though revenue beat slightly.
NETEASE CLOUD MUSIC INCNetEase Cloud Music revenue stable year over year, but parent's earnings miss may overshadow.
Youdao Inc