Mei Ri Jing Ji Xin Wen·2026-02-11 09:20Core Viewpoint - NetEase reported its Q4 and full-year financial results for 2025, showcasing significant revenue growth and strong performance in its gaming segment [1] Financial Performance - Q4 revenue reached 27.5 billion yuan, while total revenue for the year was 112.6 billion yuan [1] - Full-year operating profit was 35.8 billion yuan, representing a year-on-year increase of 21%, with Q4 operating profit at 8.3 billion yuan, up 6% year-on-year [1] Research and Development - The company invested 17.7 billion yuan in R&D for the year, marking the sixth consecutive year of R&D spending exceeding 10 billion yuan [1] Gaming Segment - Net income from games and related value-added services was 92.1 billion yuan, with online gaming net income reaching 89.6 billion yuan, reflecting an 11% year-on-year growth [1] - The classic IP "Fantasy Westward Journey" PC version achieved record revenue for the year, while the online game "Tianxia" reached its highest peak online player count in nearly a decade [1] - The user payment rate for "Fantasy Westward Journey" hit a historical high, and the first anniversary version of "Yanyun Sixteen Sounds" set new records for daily active users and revenue, with global users surpassing 80 million [1] - The average online duration for "Egg Party" reached a new high [1]