NetEase Cloud Music posts H1 revenue up 3.4% to RMB 3.96 billion

• NetEase affiliate NetEase Cloud Music posted first-half 2026 revenue of RMB 3.96 billion, up 3.4% year over year.
• Profit fell to RMB 809.24 million from RMB 1.88 billion; adjusted net profit dropped to RMB 859.66 million from RMB 1.95 billion.
• Operating profit declined to RMB 746.23 million from RMB 844.51 million; gross margin rose to 37.2% from 36.4%.
• Online music services revenue increased to RMB 3.1 billion; membership subscriptions rose to RMB 2.6 billion.
• Social entertainment services and others revenue edged up to RMB 891.3 million from RMB 859.8 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netease Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN30426) on August 20, 2026, and is solely responsible for the information contained therein.