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Side-by-side financial comparison of Ameriprise Financial (AMP) and NetEase, Inc. (NTES). Click either name above to swap in a different company.

Ameriprise Financial is the larger business by last-quarter revenue ($4.9B vs $4.0B, roughly 1.2× NetEase, Inc.). NetEase, Inc. runs the higher net margin — 31.0% vs 18.7%, a 12.3% gap on every dollar of revenue. Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs 5.5%).

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...

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.

AMP vs NTES — Head-to-Head

Bigger by revenue
AMP
AMP
1.2× larger
AMP
$4.9B
$4.0B
NTES
Higher net margin
NTES
NTES
12.3% more per $
NTES
31.0%
18.7%
AMP
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
5.5%
AMP

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AMP
AMP
NTES
NTES
Revenue
$4.9B
$4.0B
Net Profit
$915.0M
$1.2B
Gross Margin
64.1%
Operating Margin
28.3%
Net Margin
18.7%
31.0%
Revenue YoY
9.0%
Net Profit YoY
57.0%
EPS (diluted)

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.

Revenue
AMP
AMP
NTES
NTES
Q1 26
$4.9B
Q4 25
$5.0B
Q3 25
$4.9B
$4.0B
Q2 25
$4.5B
$3.9B
Q1 25
$4.5B
$4.0B
Q4 24
$4.6B
Q3 24
$4.6B
$3.7B
Q2 24
$4.4B
$3.5B
Net Profit
AMP
AMP
NTES
NTES
Q1 26
$915.0M
Q4 25
$1.0B
Q3 25
$912.0M
$1.2B
Q2 25
$1.1B
$1.3B
Q1 25
$583.0M
$1.5B
Q4 24
$1.1B
Q3 24
$511.0M
$955.7M
Q2 24
$829.0M
$939.6M
Gross Margin
AMP
AMP
NTES
NTES
Q1 26
Q4 25
Q3 25
64.1%
Q2 25
64.7%
Q1 25
64.1%
Q4 24
Q3 24
62.9%
Q2 24
62.9%
Operating Margin
AMP
AMP
NTES
NTES
Q1 26
Q4 25
25.6%
Q3 25
24.0%
28.3%
Q2 25
30.1%
32.5%
Q1 25
15.3%
36.2%
Q4 24
29.1%
Q3 24
14.1%
27.3%
Q2 24
23.9%
27.4%
Net Margin
AMP
AMP
NTES
NTES
Q1 26
18.7%
Q4 25
20.0%
Q3 25
18.6%
31.0%
Q2 25
23.6%
32.6%
Q1 25
13.0%
36.6%
Q4 24
23.0%
Q3 24
11.2%
25.6%
Q2 24
18.9%
26.8%
EPS (diluted)
AMP
AMP
NTES
NTES
Q1 26
Q4 25
$10.39
Q3 25
$9.33
Q2 25
$10.73
Q1 25
$5.83
Q4 24
$10.57
Q3 24
$5.00
Q2 24
$8.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMP
AMP
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$8.3B
$31.3B
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$355.9B
$160.8B
Total Assets
$184.4B
$214.5B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMP
AMP
NTES
NTES
Q1 26
$8.3B
Q4 25
Q3 25
$31.3B
Q2 25
$54.4B
Q1 25
$41.7B
Q4 24
Q3 24
$20.2B
Q2 24
$19.0B
Total Debt
AMP
AMP
NTES
NTES
Q1 26
$3.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
AMP
AMP
NTES
NTES
Q1 26
$355.9B
Q4 25
$6.5B
Q3 25
$6.5B
$160.8B
Q2 25
$6.1B
$154.0B
Q1 25
$5.4B
$147.8B
Q4 24
$5.2B
Q3 24
$5.7B
$135.6B
Q2 24
$5.0B
$134.2B
Total Assets
AMP
AMP
NTES
NTES
Q1 26
$184.4B
Q4 25
$190.9B
Q3 25
$190.1B
$214.5B
Q2 25
$184.9B
$208.5B
Q1 25
$179.1B
$200.9B
Q4 24
$181.4B
Q3 24
$186.0B
$184.9B
Q2 24
$179.7B
$183.3B
Debt / Equity
AMP
AMP
NTES
NTES
Q1 26
0.01×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMP
AMP
NTES
NTES
Operating Cash FlowLast quarter
$1.8B
Free Cash FlowOCF − Capex
$1.8B
FCF MarginFCF / Revenue
44.7%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.47×
TTM Free Cash FlowTrailing 4 quarters
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMP
AMP
NTES
NTES
Q1 26
Q4 25
$2.7B
Q3 25
$2.2B
$1.8B
Q2 25
$1.8B
$1.5B
Q1 25
$1.7B
$1.7B
Q4 24
$383.0M
Q3 24
$3.0B
$1.5B
Q2 24
$1.7B
$898.8M
Free Cash Flow
AMP
AMP
NTES
NTES
Q1 26
Q4 25
$2.6B
Q3 25
$2.2B
$1.8B
Q2 25
$1.7B
$1.5B
Q1 25
$1.6B
$1.6B
Q4 24
$325.0M
Q3 24
$3.0B
$1.5B
Q2 24
$1.7B
$875.6M
FCF Margin
AMP
AMP
NTES
NTES
Q1 26
Q4 25
52.0%
Q3 25
44.1%
44.7%
Q2 25
38.4%
38.3%
Q1 25
36.8%
40.4%
Q4 24
7.0%
Q3 24
65.8%
38.9%
Q2 24
38.8%
25.0%
Capex Intensity
AMP
AMP
NTES
NTES
Q1 26
Q4 25
0.9%
Q3 25
0.9%
1.0%
Q2 25
0.8%
0.7%
Q1 25
0.8%
1.6%
Q4 24
1.2%
Q3 24
1.1%
1.4%
Q2 24
0.4%
0.7%
Cash Conversion
AMP
AMP
NTES
NTES
Q1 26
Q4 25
2.65×
Q3 25
2.42×
1.47×
Q2 25
1.66×
1.20×
Q1 25
2.89×
1.15×
Q4 24
0.36×
Q3 24
5.96×
1.58×
Q2 24
2.07×
0.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMP
AMP

Management and financial advice fees$2.9B60%
Other$872.0M18%
Distribution fees$563.0M12%
Premiums, policy and contract charges$341.0M7%
Other revenues$166.0M3%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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