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HKG:9999 20 November 2025

NetEase (NTES) Q3 2025 Earnings Today: Revenue Miss, $5B Buyback Extension and Blizzard Pipeline Move the Stock

NetEase (NTES) Q3 2025 Earnings Today: Revenue Miss, $5B Buyback Extension and Blizzard Pipeline Move the Stock

NetEase reported Q3 2025 net revenue of RMB 28.4 billion, up 8.2% year over year but below analyst estimates. Shares fell 3–4% pre-market before rebounding to $138, about 3% above the prior close. The company extended its $5 billion share buyback program and declared a new dividend. Gaming growth and new Blizzard titles remain central to its outlook.
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