NetEase Q1 revenue reaches $4.31 billion as Where Winds Meet surge on Steam charts
On Thursday, NetEase released its first quarter 2026 financial report. Net revenue reached RMB 30.6 billion ($4.31 billion), up 6.1% year-on-year, while net revenue from games and related value-added services came in at RMB 25.7 billion ($3.62 billion), up 6.9%. The biggest highlight of the quarter was Where Winds Meet (Yan Yun Shi Liu Sheng), which surged back to No. 2 on the global Steam top sellers list after a major update to its overseas version in the first quarter. Mea
NetEase announced its first quarter 2026 financial results, reporting a total net revenue of $4.31 billion, an increase of 6.1% compared to the previous year. Revenue from its gaming division and related services specifically grew by 6.9% to $3.62 billion.
The company's performance was boosted by the strong performance of its titles, particularly "Where Winds Meet," which re-entered the global Steam top sellers at number two following a significant overseas update. "Marvel Rivals" also saw success, reaching second place on the US Steam top sellers chart, while "Fantasy Westward Journey Online" achieved a record 3.9 million peak concurrent users.
The strong financial results and the success of its game titles indicate NetEase's continued growth and competitive position in the global gaming market.
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