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Side-by-side financial comparison of Adient plc (ADNT) and NetEase, Inc. (NTES). Click either name above to swap in a different company.
NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $3.9B, roughly 1.0× Adient plc). NetEase, Inc. runs the higher net margin — 31.0% vs 1.1%, a 29.9% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $8.0M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs 2.0%).
Adient plc is an American, Irish-domiciled company that operates as the largest manufacturer of automotive seating for customers worldwide and is based in Plymouth, Michigan, United States.
NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.
ADNT vs NTES — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.9B | $4.0B |
| Net Profit | $44.0M | $1.2B |
| Gross Margin | 6.6% | 64.1% |
| Operating Margin | — | 28.3% |
| Net Margin | 1.1% | 31.0% |
| Revenue YoY | 7.0% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.34 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.7B | $4.0B | ||
| Q2 25 | $3.7B | $3.9B | ||
| Q1 25 | $3.6B | $4.0B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | $3.7B | ||
| Q2 24 | $3.7B | $3.5B |
| Q1 26 | $44.0M | — | ||
| Q4 25 | $-22.0M | — | ||
| Q3 25 | $18.0M | $1.2B | ||
| Q2 25 | $36.0M | $1.3B | ||
| Q1 25 | $-335.0M | $1.5B | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $79.0M | $955.7M | ||
| Q2 24 | $-11.0M | $939.6M |
| Q1 26 | 6.6% | — | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 6.7% | 64.1% | ||
| Q2 25 | 6.3% | 64.7% | ||
| Q1 25 | 7.2% | 64.1% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 6.9% | 62.9% | ||
| Q2 24 | 5.6% | 62.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.7% | 28.3% | ||
| Q2 25 | 1.8% | 32.5% | ||
| Q1 25 | -7.3% | 36.2% | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.8% | 27.3% | ||
| Q2 24 | 1.2% | 27.4% |
| Q1 26 | 1.1% | — | ||
| Q4 25 | -0.6% | — | ||
| Q3 25 | 0.5% | 31.0% | ||
| Q2 25 | 1.0% | 32.6% | ||
| Q1 25 | -9.3% | 36.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.2% | 25.6% | ||
| Q2 24 | -0.3% | 26.8% |
| Q1 26 | $0.34 | — | ||
| Q4 25 | $-0.28 | — | ||
| Q3 25 | $0.17 | — | ||
| Q2 25 | $0.43 | — | ||
| Q1 25 | $-3.99 | — | ||
| Q4 24 | $0.00 | — | ||
| Q3 24 | $0.88 | — | ||
| Q2 24 | $-0.12 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $831.0M | $31.3B |
| Total DebtLower is stronger | $2.4B | — |
| Stockholders' EquityBook value | — | $160.8B |
| Total Assets | $9.0B | $214.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $831.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $31.3B | ||
| Q2 25 | — | $54.4B | ||
| Q1 25 | — | $41.7B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $20.2B | ||
| Q2 24 | — | $19.0B |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.8B | $160.8B | ||
| Q2 25 | $1.8B | $154.0B | ||
| Q1 25 | $1.7B | $147.8B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.1B | $135.6B | ||
| Q2 24 | $1.9B | $134.2B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | — | ||
| Q3 25 | $9.0B | $214.5B | ||
| Q2 25 | $8.8B | $208.5B | ||
| Q1 25 | $8.6B | $200.9B | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $9.4B | $184.9B | ||
| Q2 24 | $9.1B | $183.3B |
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.24× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.8B |
| Free Cash FlowOCF − Capex | $8.0M | $1.8B |
| FCF MarginFCF / Revenue | 0.2% | 44.7% |
| Capex IntensityCapex / Revenue | 1.9% | 1.0% |
| Cash ConversionOCF / Net Profit | — | 1.47× |
| TTM Free Cash FlowTrailing 4 quarters | $272.0M | $6.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $80.0M | — | ||
| Q3 25 | $213.0M | $1.8B | ||
| Q2 25 | $172.0M | $1.5B | ||
| Q1 25 | $-45.0M | $1.7B | ||
| Q4 24 | $109.0M | — | ||
| Q3 24 | $263.0M | $1.5B | ||
| Q2 24 | $158.0M | $898.8M |
| Q1 26 | $8.0M | — | ||
| Q4 25 | $15.0M | — | ||
| Q3 25 | $134.0M | $1.8B | ||
| Q2 25 | $115.0M | $1.5B | ||
| Q1 25 | $-90.0M | $1.6B | ||
| Q4 24 | $45.0M | — | ||
| Q3 24 | $191.0M | $1.5B | ||
| Q2 24 | $88.0M | $875.6M |
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 3.6% | 44.7% | ||
| Q2 25 | 3.1% | 38.3% | ||
| Q1 25 | -2.5% | 40.4% | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 5.4% | 38.9% | ||
| Q2 24 | 2.4% | 25.0% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | 1.8% | — | ||
| Q3 25 | 2.1% | 1.0% | ||
| Q2 25 | 1.5% | 0.7% | ||
| Q1 25 | 1.2% | 1.6% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 2.0% | 1.4% | ||
| Q2 24 | 1.9% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.83× | 1.47× | ||
| Q2 25 | 4.78× | 1.20× | ||
| Q1 25 | — | 1.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.33× | 1.58× | ||
| Q2 24 | — | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADNT
Segment breakdown not available.
NTES
| Games and related value-added services | $3.3B | 82% |
| NetEase Cloud Music | $275.9M | 7% |
| Youdao | $228.8M | 6% |
| Innovative businesses and others | $202.1M | 5% |
