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Side-by-side financial comparison of Amesite Inc. (AMST) 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 $108.0K, roughly 36867.3× Amesite Inc.). NetEase, Inc. runs the higher net margin — 31.0% vs -678.0%, a 709.0% gap on every dollar of revenue. Over the past eight quarters, Amesite Inc.'s revenue compounded faster (77.6% CAGR vs 9.7%).

Amesite Inc is a US-based edtech firm that develops and delivers AI-powered cloud learning management systems and customized online learning solutions. Its core offerings cater to higher education institutions, corporate clients, and government organizations, enabling scalable, personalized upskilling, professional training, and academic course delivery across North America.

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.

AMST vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
36867.3× larger
NTES
$4.0B
$108.0K
AMST
Higher net margin
NTES
NTES
709.0% more per $
NTES
31.0%
-678.0%
AMST
Faster 2-yr revenue CAGR
AMST
AMST
Annualised
AMST
77.6%
9.7%
NTES

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
AMST
AMST
NTES
NTES
Revenue
$108.0K
$4.0B
Net Profit
$-732.5K
$1.2B
Gross Margin
64.1%
Operating Margin
-689.7%
28.3%
Net Margin
-678.0%
31.0%
Revenue YoY
746.8%
Net Profit YoY
34.7%
EPS (diluted)
$-0.16

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
AMST
AMST
NTES
NTES
Q4 25
$108.0K
Q3 25
$94.3K
$4.0B
Q2 25
$55.8K
$3.9B
Q1 25
$30.7K
$4.0B
Q4 24
$12.8K
Q3 24
$11.3K
$3.7B
Q2 24
$27.8K
$3.5B
Q1 24
$34.3K
$3.7B
Net Profit
AMST
AMST
NTES
NTES
Q4 25
$-732.5K
Q3 25
$-642.3K
$1.2B
Q2 25
$-924.0K
$1.3B
Q1 25
$-663.4K
$1.5B
Q4 24
$-1.1M
Q3 24
$-908.0K
$955.7M
Q2 24
$-1.2M
$939.6M
Q1 24
$-1.4M
$1.1B
Gross Margin
AMST
AMST
NTES
NTES
Q4 25
Q3 25
64.1%
Q2 25
64.7%
Q1 25
64.1%
Q4 24
Q3 24
62.9%
Q2 24
62.9%
Q1 24
63.4%
Operating Margin
AMST
AMST
NTES
NTES
Q4 25
-689.7%
Q3 25
-702.2%
28.3%
Q2 25
-1538.2%
32.5%
Q1 25
-2240.9%
36.2%
Q4 24
-8862.6%
Q3 24
-8243.1%
27.3%
Q2 24
-4344.9%
27.4%
Q1 24
-4272.4%
28.4%
Net Margin
AMST
AMST
NTES
NTES
Q4 25
-678.0%
Q3 25
-681.1%
31.0%
Q2 25
-1657.1%
32.6%
Q1 25
-2161.7%
36.6%
Q4 24
-8790.3%
Q3 24
-8071.5%
25.6%
Q2 24
-4241.4%
26.8%
Q1 24
-4161.9%
29.1%
EPS (diluted)
AMST
AMST
NTES
NTES
Q4 25
$-0.16
Q3 25
$-0.14
Q2 25
$-0.13
Q1 25
$-0.16
Q4 24
$-0.40
Q3 24
$-0.34
Q2 24
$-0.46
Q1 24
$-0.56

Balance Sheet & Financial Strength

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

Metric
AMST
AMST
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$1.2M
$31.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5M
$160.8B
Total Assets
$2.0M
$214.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMST
AMST
NTES
NTES
Q4 25
$1.2M
Q3 25
$1.8M
$31.3B
Q2 25
$2.3M
$54.4B
Q1 25
$2.9M
$41.7B
Q4 24
$519.7K
Q3 24
$1.4M
$20.2B
Q2 24
$2.1M
$19.0B
Q1 24
$3.0M
$43.0B
Stockholders' Equity
AMST
AMST
NTES
NTES
Q4 25
$1.5M
Q3 25
$2.2M
$160.8B
Q2 25
$2.7M
$154.0B
Q1 25
$3.6M
$147.8B
Q4 24
$1.2M
Q3 24
$2.3M
$135.6B
Q2 24
$2.5M
$134.2B
Q1 24
$3.6M
$130.5B
Total Assets
AMST
AMST
NTES
NTES
Q4 25
$2.0M
Q3 25
$2.6M
$214.5B
Q2 25
$3.1M
$208.5B
Q1 25
$3.8M
$200.9B
Q4 24
$2.1M
Q3 24
$3.2M
$184.9B
Q2 24
$3.3M
$183.3B
Q1 24
$3.8M
$195.1B

Cash Flow & Capital Efficiency

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

Metric
AMST
AMST
NTES
NTES
Operating Cash FlowLast quarter
$-621.1K
$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
AMST
AMST
NTES
NTES
Q4 25
$-621.1K
Q3 25
$-415.8K
$1.8B
Q2 25
$-439.4K
$1.5B
Q1 25
$-677.1K
$1.7B
Q4 24
$-850.4K
Q3 24
$-488.3K
$1.5B
Q2 24
$-654.4K
$898.8M
Q1 24
$-581.5K
$1.3B
Free Cash Flow
AMST
AMST
NTES
NTES
Q4 25
Q3 25
$1.8B
Q2 25
$1.5B
Q1 25
$1.6B
Q4 24
Q3 24
$1.5B
Q2 24
$875.6M
Q1 24
$1.3B
FCF Margin
AMST
AMST
NTES
NTES
Q4 25
Q3 25
44.7%
Q2 25
38.3%
Q1 25
40.4%
Q4 24
Q3 24
38.9%
Q2 24
25.0%
Q1 24
34.0%
Capex Intensity
AMST
AMST
NTES
NTES
Q4 25
Q3 25
1.0%
Q2 25
0.7%
Q1 25
1.6%
Q4 24
Q3 24
1.4%
Q2 24
0.7%
Q1 24
0.0%
1.5%
Cash Conversion
AMST
AMST
NTES
NTES
Q4 25
Q3 25
1.47×
Q2 25
1.20×
Q1 25
1.15×
Q4 24
Q3 24
1.58×
Q2 24
0.96×
Q1 24
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMST
AMST

Segment breakdown not available.

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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