NetEase Reports Strong Q1 Earnings with Revenue Growth and Improved Margins
NetEase reported stronger-than-expected first-quarter results for 2026, driven by growth in its games business. Total net revenue rose 6% year over year to RMB 30.6 billion ($4.4 billion), while gross margin improved sharply to 69.4%. Games and related services accounted for the majority of this increase.
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