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Side-by-side financial comparison of Emerson Electric (EMR) and NetEase, Inc. (NTES). Click either name above to swap in a different company.
Emerson Electric is the larger business by last-quarter revenue ($4.3B vs $4.0B, roughly 1.1× NetEase, Inc.). NetEase, Inc. runs the higher net margin — 31.0% vs 13.9%, a 17.1% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $602.0M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs -0.3%).
Emerson ElectricEMREarnings & Financial Report
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering for industrial, commercial, and consumer markets.
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.
EMR vs NTES — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.3B | $4.0B |
| Net Profit | $605.0M | $1.2B |
| Gross Margin | 53.2% | 64.1% |
| Operating Margin | 17.8% | 28.3% |
| Net Margin | 13.9% | 31.0% |
| Revenue YoY | 4.1% | — |
| Net Profit YoY | 3.4% | — |
| EPS (diluted) | $1.07 | — |
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.
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.9B | $4.0B | ||
| Q2 25 | $4.6B | $3.9B | ||
| Q1 25 | $4.4B | $4.0B | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.6B | $3.7B | ||
| Q2 24 | $4.4B | $3.5B | ||
| Q1 24 | $4.4B | $3.7B |
| Q4 25 | $605.0M | — | ||
| Q3 25 | $637.0M | $1.2B | ||
| Q2 25 | $586.0M | $1.3B | ||
| Q1 25 | $485.0M | $1.5B | ||
| Q4 24 | $585.0M | — | ||
| Q3 24 | $996.0M | $955.7M | ||
| Q2 24 | $329.0M | $939.6M | ||
| Q1 24 | $501.0M | $1.1B |
| Q4 25 | 53.2% | — | ||
| Q3 25 | 51.9% | 64.1% | ||
| Q2 25 | 52.6% | 64.7% | ||
| Q1 25 | 53.5% | 64.1% | ||
| Q4 24 | 53.5% | — | ||
| Q3 24 | 51.3% | 62.9% | ||
| Q2 24 | 52.8% | 62.9% | ||
| Q1 24 | 52.2% | 63.4% |
| Q4 25 | 17.8% | — | ||
| Q3 25 | 16.4% | 28.3% | ||
| Q2 25 | 16.1% | 32.5% | ||
| Q1 25 | 14.2% | 36.2% | ||
| Q4 24 | 18.6% | — | ||
| Q3 24 | 14.7% | 27.3% | ||
| Q2 24 | 10.4% | 27.4% | ||
| Q1 24 | 16.2% | 28.4% |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 13.1% | 31.0% | ||
| Q2 25 | 12.9% | 32.6% | ||
| Q1 25 | 10.9% | 36.6% | ||
| Q4 24 | 14.0% | — | ||
| Q3 24 | 21.6% | 25.6% | ||
| Q2 24 | 7.5% | 26.8% | ||
| Q1 24 | 11.4% | 29.1% |
| Q4 25 | $1.07 | — | ||
| Q3 25 | $1.12 | — | ||
| Q2 25 | $1.04 | — | ||
| Q1 25 | $0.86 | — | ||
| Q4 24 | $1.02 | — | ||
| Q3 24 | $1.74 | — | ||
| Q2 24 | $0.57 | — | ||
| Q1 24 | $0.87 | — |
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 | $7.6B | — |
| Stockholders' EquityBook value | $20.3B | $160.8B |
| Total Assets | $41.9B | $214.5B |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | — | $43.0B |
| Q4 25 | $7.6B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.3B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $6.6B | — | ||
| Q3 24 | $7.7B | — | ||
| Q2 24 | $7.1B | — | ||
| Q1 24 | $7.6B | — |
| Q4 25 | $20.3B | — | ||
| Q3 25 | $20.3B | $160.8B | ||
| Q2 25 | $19.9B | $154.0B | ||
| Q1 25 | $19.2B | $147.8B | ||
| Q4 24 | $20.5B | — | ||
| Q3 24 | $21.6B | $135.6B | ||
| Q2 24 | $20.8B | $134.2B | ||
| Q1 24 | $20.9B | $130.5B |
| Q4 25 | $41.9B | — | ||
| Q3 25 | $42.0B | $214.5B | ||
| Q2 25 | $42.5B | $208.5B | ||
| Q1 25 | $42.0B | $200.9B | ||
| Q4 24 | $42.6B | — | ||
| Q3 24 | $44.2B | $184.9B | ||
| Q2 24 | $45.6B | $183.3B | ||
| Q1 24 | $46.4B | $195.1B |
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.36× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.36× | — |
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 | $699.0M | $1.8B |
| Free Cash FlowOCF − Capex | $602.0M | $1.8B |
| FCF MarginFCF / Revenue | 13.9% | 44.7% |
| Capex IntensityCapex / Revenue | 2.2% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.16× | 1.47× |
| TTM Free Cash FlowTrailing 4 quarters | $4.4B | $6.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $699.0M | — | ||
| Q3 25 | $3.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $241.0M | $1.7B | ||
| Q4 24 | $777.0M | — | ||
| Q3 24 | $3.3B | $1.5B | ||
| Q2 24 | $1.1B | $898.8M | ||
| Q1 24 | $743.0M | $1.3B |
| Q4 25 | $602.0M | — | ||
| Q3 25 | $2.7B | $1.8B | ||
| Q2 25 | $977.0M | $1.5B | ||
| Q1 25 | $154.0M | $1.6B | ||
| Q4 24 | $694.0M | — | ||
| Q3 24 | $2.9B | $1.5B | ||
| Q2 24 | $998.0M | $875.6M | ||
| Q1 24 | $661.0M | $1.3B |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 54.9% | 44.7% | ||
| Q2 25 | 21.5% | 38.3% | ||
| Q1 25 | 3.5% | 40.4% | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 63.1% | 38.9% | ||
| Q2 24 | 22.8% | 25.0% | ||
| Q1 24 | 15.1% | 34.0% |
| Q4 25 | 2.2% | — | ||
| Q3 25 | 8.9% | 1.0% | ||
| Q2 25 | 2.0% | 0.7% | ||
| Q1 25 | 2.0% | 1.6% | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 9.1% | 1.4% | ||
| Q2 24 | 2.1% | 0.7% | ||
| Q1 24 | 1.9% | 1.5% |
| Q4 25 | 1.16× | — | ||
| Q3 25 | 4.86× | 1.47× | ||
| Q2 25 | 1.83× | 1.20× | ||
| Q1 25 | 0.50× | 1.15× | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 3.35× | 1.58× | ||
| Q2 24 | 3.31× | 0.96× | ||
| Q1 24 | 1.48× | 1.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
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% |
