Xin Lang Ke Ji·2025-08-14 08:38Core Insights - NetEase reported Q2 2025 net revenue of 27.9 billion yuan and a non-GAAP net profit attributable to shareholders of 9.5 billion yuan [1] - The company maintained a focus on premium and global strategies, expanding its high-quality and diverse product matrix to drive long-term stable growth [1] Group 1: Financial Performance - Q2 net revenue reached 27.9 billion yuan, with a non-GAAP net profit of 9.5 billion yuan [1] - R&D investment was 4.4 billion yuan, representing an R&D intensity of 15.6% [1] - Net revenue from games and related value-added services was 22.8 billion yuan [1] Group 2: Gaming Segment - Classic IP "Fantasy Westward Journey" achieved a record high in simultaneous online users, while mobile game revenue also reached a new high [1] - The game "Identity V" continued to perform strongly [1] - New cross-platform titles such as "Yanyun Sixteen Sounds," "Seven Days World," and "Outsider Frenzy" showed strong performance [1] Group 3: Innovation and Other Segments - NetEase Youdao reported Q2 net revenue of 1.4 billion yuan, achieving sustainable profitability for the fourth consecutive quarter under its "AI-native" strategy [1] - NetEase Cloud Music generated Q2 net revenue of 2 billion yuan, introducing innovative features like the Shenguang player to enhance user experience [1] - The innovation and other businesses segment, including NetEase Yanxuan, saw a Q2 net revenue of 1.7 billion yuan [2]