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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
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
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% |