Where Winds Meet
GameBy Everstone Studio
Documents about Where Winds Meet
NetEase 3Q25 Investor Presentation
NetEase’s third-quarter 2025 investor presentation outlines the company’s financial performance and strategic positioning as a premier global internet and gaming services provider.
- NetEase reported total net revenues of $3.98 billion for 3Q25, an 8.2% year-over-year increase, with net income rising 31.8% to $1.21 billion.
- The gaming segment remains the primary revenue driver, contributing $3.28 billion in 3Q25, representing an 11.8% year-over-year growth fueled by titles like Fantasy Westward Journey and the launch of Destiny: Rising.
- The company maintains a strong financial position with $21.5 billion in net cash as of September 30, 2025, supporting ongoing dividend declarations and share buyback programs.
How Did Narrative Hit Dispatch Hit 1M Sales So Fast?
The rapid commercial success of the narrative-driven game Dispatch, which achieved one million sales on Steam and PlayStation within ten days of its October 2025 launch, serves as a case study for the viability of high-budget, episodic interactive storytelling.
- AdHoc Studio’s narrative-driven game Dispatch reached one million sales across Steam and PlayStation within ten days of its October 2025 launch.
- The title is projected to reach two million total units sold, challenging industry assumptions that high-budget, single-player narrative games are inherently unprofitable.
- The studio utilized a weekly episodic release cadence to maintain player engagement and sustain anticipation throughout the launch period.
October 2025's Top New Steam & Console Games Revealed
The October 2025 market analysis provides a comprehensive overview of video game performance across Steam, PlayStation, Xbox, and Nintendo platforms.
- Battlefield 6 dominated the October 2025 market, selling 12 million units globally, including 7 million units on Steam alone.
- Nintendo’s Switch 2 achieved a strong launch with 10.36 million units sold by the end of September, supported by a 92% attach rate for Mario Kart World.
- Ghost of Yotei performed as a major console title with 2.7 million units sold, while the extraction shooter ARC Raiders grossed $55 million from 1.5 million units.
NetEase First Quarter 2025 Unaudited Financial Results
NetEase reported strong financial results for the first quarter of 2025, characterized by significant revenue growth and improved profitability.
- NetEase reported Q1 2025 total net revenues of RMB 28.8 billion, a 7.4% year-over-year increase driven by a 12.1% growth in the gaming segment to RMB 24.0 billion.
- Net income reached RMB 10.3 billion, with non-GAAP net income rising to RMB 11.2 billion, supported by a 14.4% reduction in total operating expenses to RMB 8.0 billion.
- Gaming performance was bolstered by new titles including Where Winds Meet, FragPunk, and Marvel Rivals, the global mobile launch of Once Human, and the return of Blizzard Entertainment titles to the Chinese market.
NetEase FY24 Financial Report: Marvel Rivals and Where Winds Meet Performance
NetEase’s fiscal year 2024 financial results demonstrate steady growth, characterized by a 1.3% increase in total net revenue to 105.3 billion yuan ($14.4 billion).
- NetEase reported FY24 net revenue of 105.3 billion yuan ($14.4 billion), a 1.3% increase year-over-year, with the gaming division contributing 83.6 billion yuan ($11.5 billion).
- Marvel Rivals has reached 40 million unique players, adding 20 million users in the two months following its initial two-week launch period.
- The open-world action RPG Where Winds Meet surpassed 15 million players in China within two weeks of its December release.
Analyst Bulletin: Mobile Game Market Review January 2025
The mobile gaming landscape in January 2025 is defined by a strategic convergence of design philosophies, as developers increasingly blur the lines between casual and midcore mechanics to maximize player engagement and monetization.
- Summoners War saw a massive revenue spike following its January 10 Demon Slayer collaboration, with daily revenue increasing by over 1600% in the US iOS market compared to 650% in Japan.
- Love and Deepspace reached #9 in the US iOS grossing rankings in January, driven by a first-anniversary update that included a high-engagement gacha system and new minigames.
- Pokémon TCG Pocket's long-awaited trading system launched with restrictive mechanics—including Trade Tokens and Trade Stamina—leading to widespread player dissatisfaction.
NetEase 2Q26 Investor Presentation
NetEase’s second quarter 2026 investor presentation outlines the company’s financial performance and strategic positioning as a global provider of premium internet and gaming services.
- NetEase reported $4.4 billion in total net revenue for 2Q26, with the games and related value-added services segment accounting for $3.688 billion.
- The company maintains a robust liquidity position with $24.7 billion in net cash as of June 30, 2026, supporting ongoing dividend declarations and share buyback programs.
- Operational efficiency remains high, with the company achieving a 70.5% gross profit margin for the second quarter of 2026.
NetEase 1Q26 Investor Presentation
NetEase’s first-quarter 2026 investor presentation outlines the company’s financial performance and strategic positioning as a global internet and gaming services provider.
- NetEase generated $4.4 billion in total net revenue for 1Q26, with the gaming segment contributing $3.7 billion of that total.
- The company reported $1.5 billion in net income for the quarter, maintaining a gross profit margin of 69.4%.
- As of March 31, 2026, NetEase holds a robust balance sheet with $24.3 billion in net cash.
Companies behind it
As the documents state it.