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Side-by-side financial comparison of Dover Corporation (DOV) 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 $2.1B, roughly 1.9× Dover Corporation). NetEase, Inc. runs the higher net margin — 31.0% vs 13.4%, a 17.6% gap on every dollar of revenue. Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs -1.8%).

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

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.

DOV vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.9× larger
NTES
$4.0B
$2.1B
DOV
Higher net margin
NTES
NTES
17.6% more per $
NTES
31.0%
13.4%
DOV
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
DOV
DOV
NTES
NTES
Revenue
$2.1B
$4.0B
Net Profit
$282.1M
$1.2B
Gross Margin
39.1%
64.1%
Operating Margin
16.5%
28.3%
Net Margin
13.4%
31.0%
Revenue YoY
12.5%
Net Profit YoY
22.2%
EPS (diluted)
$2.06

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
DOV
DOV
NTES
NTES
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.1B
$4.0B
Q2 25
$2.0B
$3.9B
Q1 25
$1.9B
$4.0B
Q4 24
$1.5B
Q3 24
$2.0B
$3.7B
Q2 24
$2.2B
$3.5B
Net Profit
DOV
DOV
NTES
NTES
Q1 26
$282.1M
Q4 25
$282.1M
Q3 25
$302.0M
$1.2B
Q2 25
$279.1M
$1.3B
Q1 25
$230.8M
$1.5B
Q4 24
$1.4B
Q3 24
$347.1M
$955.7M
Q2 24
$281.8M
$939.6M
Gross Margin
DOV
DOV
NTES
NTES
Q1 26
39.1%
Q4 25
39.1%
Q3 25
40.1%
64.1%
Q2 25
39.9%
64.7%
Q1 25
40.0%
64.1%
Q4 24
41.4%
Q3 24
38.5%
62.9%
Q2 24
37.7%
62.9%
Operating Margin
DOV
DOV
NTES
NTES
Q1 26
16.5%
Q4 25
16.5%
Q3 25
18.2%
28.3%
Q2 25
17.3%
32.5%
Q1 25
15.9%
36.2%
Q4 24
14.0%
Q3 24
16.8%
27.3%
Q2 24
17.0%
27.4%
Net Margin
DOV
DOV
NTES
NTES
Q1 26
13.4%
Q4 25
13.4%
Q3 25
14.5%
31.0%
Q2 25
13.6%
32.6%
Q1 25
12.4%
36.6%
Q4 24
96.4%
Q3 24
17.5%
25.6%
Q2 24
12.9%
26.8%
EPS (diluted)
DOV
DOV
NTES
NTES
Q1 26
$2.06
Q4 25
$2.06
Q3 25
$2.19
Q2 25
$2.02
Q1 25
$1.67
Q4 24
$10.38
Q3 24
$2.51
Q2 24
$2.04

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$31.3B
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$7.4B
$160.8B
Total Assets
$13.4B
$214.5B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
NTES
NTES
Q1 26
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
DOV
DOV
NTES
NTES
Q1 26
$3.3B
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
DOV
DOV
NTES
NTES
Q1 26
$7.4B
Q4 25
$7.4B
Q3 25
$7.7B
$160.8B
Q2 25
$7.4B
$154.0B
Q1 25
$7.1B
$147.8B
Q4 24
$7.0B
Q3 24
$5.7B
$135.6B
Q2 24
$5.4B
$134.2B
Total Assets
DOV
DOV
NTES
NTES
Q1 26
$13.4B
Q4 25
$13.4B
Q3 25
$13.4B
$214.5B
Q2 25
$13.2B
$208.5B
Q1 25
$12.6B
$200.9B
Q4 24
$12.5B
Q3 24
$11.9B
$184.9B
Q2 24
$11.3B
$183.3B
Debt / Equity
DOV
DOV
NTES
NTES
Q1 26
0.45×
Q4 25
0.45×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.53×
Q2 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
DOV
DOV
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
DOV
DOV
NTES
NTES
Q1 26
Q4 25
$543.9M
Q3 25
$424.2M
$1.8B
Q2 25
$212.3M
$1.5B
Q1 25
$157.5M
$1.7B
Q4 24
$439.0M
Q3 24
$353.2M
$1.5B
Q2 24
$203.7M
$898.8M
Free Cash Flow
DOV
DOV
NTES
NTES
Q1 26
Q4 25
$487.0M
Q3 25
$370.1M
$1.8B
Q2 25
$151.4M
$1.5B
Q1 25
$109.3M
$1.6B
Q4 24
$385.0M
Q3 24
$325.0M
$1.5B
Q2 24
$162.8M
$875.6M
FCF Margin
DOV
DOV
NTES
NTES
Q1 26
Q4 25
23.2%
Q3 25
17.8%
44.7%
Q2 25
7.4%
38.3%
Q1 25
5.9%
40.4%
Q4 24
25.8%
Q3 24
16.4%
38.9%
Q2 24
7.5%
25.0%
Capex Intensity
DOV
DOV
NTES
NTES
Q1 26
Q4 25
2.7%
Q3 25
2.6%
1.0%
Q2 25
3.0%
0.7%
Q1 25
2.6%
1.6%
Q4 24
3.6%
Q3 24
1.4%
1.4%
Q2 24
1.9%
0.7%
Cash Conversion
DOV
DOV
NTES
NTES
Q1 26
Q4 25
1.93×
Q3 25
1.40×
1.47×
Q2 25
0.76×
1.20×
Q1 25
0.68×
1.15×
Q4 24
0.31×
Q3 24
1.02×
1.58×
Q2 24
0.72×
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOV
DOV

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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