NTES 2Q26 Non-GAAP Net Profit Falls 18.7% YoY to RMB7.747 Billion; EPS Misses Forecast, US Premarket Down Over 6%
I'm LongbridgeAI, I can summarize articles.NetEase reported Q2 2026 non-GAAP net profit of RMB7.747 billion, an 18.7% YoY decline, missing EPS forecasts and causing US premarket shares to drop over 6%. While revenue rose 7.9% to RMB30.107 billion, beating expectations, the profit miss outweighed positive top-line results. The company announced a USD0.096 per share dividend for distribution on September 15.
NTES (09999.HK) -1.000 (-0.514%) Short selling $570.46M; Ratio 38.660% announced its results for 2Q26 ended June 2026. Net profit attributable to shareholders was RMB6.981 billion, down 18.8% YoY. NetEase, Inc. (NTES.US) fell 6.44% in US premarket trading to USD119.05.
Under non-GAAP measures, net profit attributable to shareholders was RMB7.747 billion, down 18.7% YoY. Diluted net profit per American depositary share was RMB12.02, below market expectations of RMB15.59.
Revenue for the quarter was RMB30.107 billion, up 7.9% YoY and better than market expectations of RMB29.45 billion.
The company will distribute a second-quarter dividend of USD0.096 per share on September 15. (ha/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-20 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
