NetEase reports strong Q3 2025 results, boosts dividend and share buyback

NetEase reported unaudited net revenues of RMB28.4 bn for the third quarter ended September 30, 2025, an 8.2% increase from the same quarter of 2024. Gross profit for the quarter rose to RMB18.2 bn, up 10.3% year-over-year. The company's net income attributable to shareholders was RMB8.6 bn, with non-GAAP net income attributable to shareholders reaching RMB9.5 bn.

The board of directors approved a quarterly dividend of $0.1140 per ordinary share ($0.5700 per ADS) for the third quarter of 2025. This dividend is payable to holders of ordinary shares and ADSs as of December 5, 2025, with payment expected by December 16, 2025, for ordinary shares and on or around December 19, 2025, for ADSs.

The company also announced an extension of its share repurchase program of up to $5.0 bn for an additional 36 months until January 9, 2029. As of September 30, 2025, NetEase had repurchased approximately 22.1m ADSs for a total cost of $2.0 bn under this program.