NetEase Non-GAAP EPS of $2.09 misses by $0.01, revenue of $3.9B misses by $80M

* NetEase press release [https://seekingalpha.com/pr/20200548-netease-announces-second-quarter-2025-unaudited-financial-results] (NASDAQ:NTES [https://seekingalpha.com/symbol/NTES]): Q2 Non-GAAP EPADS of $2.09 misses by $0.01.
* Revenue of $3.9B (+9.4% Y/Y) misses by $80M.
* Games and related value-added services net revenues were RMB22.8 billion (US$3.2 billion), an increase of 13.7% compared with the same quarter of 2024.
* Youdao net revenues were RMB1.4 billion (US$197.9 million), an increase of 7.2% compared with the same quarter of 2024.
* NetEase Cloud Music net revenues were RMB2.0 billion (US$274.8 million), a decrease of 3.5% compared with the same quarter of 2024.
* Innovative businesses and others net revenues were RMB1.7 billion (US$237.2 million), a decrease of 17.8% compared with the same quarter of 2024.

MORE ON NETEASE

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* NetEase: Delivers Another Gaming Beat, But Valuation Calls For A Breather [https://seekingalpha.com/article/4788095-netease-delivers-another-gaming-beat-valuation-calls-breather]
* NetEase Q2 2025 Earnings Preview [https://seekingalpha.com/news/4484802-netease-q2-2025-earnings-preview]
* Notable analyst calls this week: Nike, Microsoft and Sarepta among top picks [https://seekingalpha.com/news/4476593-notable-analyst-calls-this-week-nike-microsoft-and-sarepta-among-top-picks]
* Seeking Alpha’s Quant Rating on NetEase [https://seekingalpha.com/symbol/NTES/ratings/quant-ratings]