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Side-by-side financial comparison of Fidelity National Information Services (FIS) 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 $2.8B, roughly 1.4× Fidelity National Information Services). NetEase, Inc. runs the higher net margin — 31.0% vs 18.2%, a 12.8% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $739.0M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs 6.8%).
Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.
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.
FIS vs NTES — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $4.0B |
| Net Profit | $511.0M | $1.2B |
| Gross Margin | 38.3% | 64.1% |
| Operating Margin | 18.8% | 28.3% |
| Net Margin | 18.2% | 31.0% |
| Revenue YoY | 8.1% | — |
| Net Profit YoY | 97.3% | — |
| EPS (diluted) | $0.98 | — |
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 | $2.8B | — | ||
| Q3 25 | $2.7B | $4.0B | ||
| Q2 25 | $2.6B | $3.9B | ||
| Q1 25 | $2.5B | $4.0B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | $3.7B | ||
| Q2 24 | $2.5B | $3.5B | ||
| Q1 24 | $2.5B | $3.7B |
| Q4 25 | $511.0M | — | ||
| Q3 25 | $264.0M | $1.2B | ||
| Q2 25 | $-470.0M | $1.3B | ||
| Q1 25 | $77.0M | $1.5B | ||
| Q4 24 | $259.0M | — | ||
| Q3 24 | $224.0M | $955.7M | ||
| Q2 24 | $243.0M | $939.6M | ||
| Q1 24 | $724.0M | $1.1B |
| Q4 25 | 38.3% | — | ||
| Q3 25 | 37.8% | 64.1% | ||
| Q2 25 | 36.4% | 64.7% | ||
| Q1 25 | 34.7% | 64.1% | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 38.0% | 62.9% | ||
| Q2 24 | 38.2% | 62.9% | ||
| Q1 24 | 37.1% | 63.4% |
| Q4 25 | 18.8% | — | ||
| Q3 25 | 16.8% | 28.3% | ||
| Q2 25 | 15.6% | 32.5% | ||
| Q1 25 | 13.7% | 36.2% | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | 19.1% | 27.3% | ||
| Q2 24 | 15.2% | 27.4% | ||
| Q1 24 | 14.6% | 28.4% |
| Q4 25 | 18.2% | — | ||
| Q3 25 | 9.7% | 31.0% | ||
| Q2 25 | -18.0% | 32.6% | ||
| Q1 25 | 3.0% | 36.6% | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 8.7% | 25.6% | ||
| Q2 24 | 9.8% | 26.8% | ||
| Q1 24 | 29.3% | 29.1% |
| Q4 25 | $0.98 | — | ||
| Q3 25 | $0.50 | — | ||
| Q2 25 | $-0.90 | — | ||
| Q1 25 | $0.15 | — | ||
| Q4 24 | $0.51 | — | ||
| Q3 24 | $0.41 | — | ||
| Q2 24 | $0.44 | — | ||
| Q1 24 | $1.25 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $599.0M | $31.3B |
| Total DebtLower is stronger | $9.1B | — |
| Stockholders' EquityBook value | $13.9B | $160.8B |
| Total Assets | $33.5B | $214.5B |
| Debt / EquityLower = less leverage | 0.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $599.0M | — | ||
| Q3 25 | $571.0M | $31.3B | ||
| Q2 25 | $581.0M | $54.4B | ||
| Q1 25 | $805.0M | $41.7B | ||
| Q4 24 | $834.0M | — | ||
| Q3 24 | $1.3B | $20.2B | ||
| Q2 24 | $2.1B | $19.0B | ||
| Q1 24 | $3.3B | $43.0B |
| Q4 25 | $9.1B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.7B | — | ||
| Q4 24 | $9.7B | — | ||
| Q3 24 | $10.5B | — | ||
| Q2 24 | $10.6B | — | ||
| Q1 24 | $10.6B | — |
| Q4 25 | $13.9B | — | ||
| Q3 25 | $13.9B | $160.8B | ||
| Q2 25 | $14.2B | $154.0B | ||
| Q1 25 | $15.1B | $147.8B | ||
| Q4 24 | $15.7B | — | ||
| Q3 24 | $16.6B | $135.6B | ||
| Q2 24 | $17.0B | $134.2B | ||
| Q1 24 | $18.0B | $130.5B |
| Q4 25 | $33.5B | — | ||
| Q3 25 | $33.0B | $214.5B | ||
| Q2 25 | $33.4B | $208.5B | ||
| Q1 25 | $32.8B | $200.9B | ||
| Q4 24 | $33.8B | — | ||
| Q3 24 | $34.3B | $184.9B | ||
| Q2 24 | $34.6B | $183.3B | ||
| Q1 24 | $35.9B | $195.1B |
| Q4 25 | 0.65× | — | ||
| Q3 25 | 0.64× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.59× | — |
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 | $758.0M | $1.8B |
| Free Cash FlowOCF − Capex | $739.0M | $1.8B |
| FCF MarginFCF / Revenue | 26.3% | 44.7% |
| Capex IntensityCapex / Revenue | 0.7% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.48× | 1.47× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $6.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $758.0M | — | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $382.0M | $1.5B | ||
| Q1 25 | $457.0M | $1.7B | ||
| Q4 24 | $782.0M | — | ||
| Q3 24 | $641.0M | $1.5B | ||
| Q2 24 | $546.0M | $898.8M | ||
| Q1 24 | $206.0M | $1.3B |
| Q4 25 | $739.0M | — | ||
| Q3 25 | $952.0M | $1.8B | ||
| Q2 25 | $343.0M | $1.5B | ||
| Q1 25 | $420.0M | $1.6B | ||
| Q4 24 | $764.0M | — | ||
| Q3 24 | $605.0M | $1.5B | ||
| Q2 24 | $530.0M | $875.6M | ||
| Q1 24 | $179.0M | $1.3B |
| Q4 25 | 26.3% | — | ||
| Q3 25 | 35.0% | 44.7% | ||
| Q2 25 | 13.1% | 38.3% | ||
| Q1 25 | 16.6% | 40.4% | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 23.5% | 38.9% | ||
| Q2 24 | 21.3% | 25.0% | ||
| Q1 24 | 7.3% | 34.0% |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 2.2% | 1.0% | ||
| Q2 25 | 1.5% | 0.7% | ||
| Q1 25 | 1.5% | 1.6% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.4% | 1.4% | ||
| Q2 24 | 0.6% | 0.7% | ||
| Q1 24 | 1.1% | 1.5% |
| Q4 25 | 1.48× | — | ||
| Q3 25 | 3.83× | 1.47× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | 5.94× | 1.15× | ||
| Q4 24 | 3.02× | — | ||
| Q3 24 | 2.86× | 1.58× | ||
| Q2 24 | 2.25× | 0.96× | ||
| Q1 24 | 0.28× | 1.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIS
| Banking Solutions | $1.6B | 57% |
| Other | $701.0M | 25% |
| Capital Market Solutions | $508.0M | 18% |
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% |
