The9 (NCTY) Accumulated Expenses (2014 - 2025)
The9 (NCTY) posted quarterly Accumulated Expenses of $555651.8 for Q4 2025, down 90.42% year-over-year from $5.8 million in Q4 2024, and down 90.58% on a QoQ basis from $5.9 million in Q2 2025.
The9 (NCTY) Accumulated Expenses (2014 - 2025) Analysis & Trends
The9 (NCTY) has reported Accumulated Expenses for 12 consecutive years, with $555651.8 the latest figure, recorded in Q4 2025.
- In Q4 2025, Accumulated Expenses fell 90.42% year-over-year to $555651.8; the TTM figure through Dec 2025 stood at $555651.8 (down 90.42% YoY), while the FY2025 annual figure was $564000.0, up 177.83% from the prior year.
- Accumulated Expenses came in at $555651.8 for Q4 2025 at The9, down from $5.9 million in the prior quarter.
- The five-year high for Accumulated Expenses was $21.9 million in Q4 2021, with the low at $38055.1 in Q4 2023.
- Average Accumulated Expenses over 5 years is $8.2 million, with a median of $6.7 million recorded in 2023.
- Across the five-year window, Accumulated Expenses tumbled 99.59% in 2023 and soared 15142.52% in 2024, its largest moves.
- Year by year, Accumulated Expenses stood at $21.9 million in 2021, then plunged by 57.4% to $9.3 million in 2022, then sank by 99.59% to $38055.1 in 2023, then jumped by 15142.52% to $5.8 million in 2024, then tumbled by 90.42% to $555651.8 in 2025.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $555651.8, $5.9 million, and $5.8 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 555,651.84 |
| Jun 30, 2025 | 5.90 Mn |
| Dec 31, 2024 | 5.80 Mn |
| Jun 30, 2024 | 7.41 Mn |
| Dec 31, 2023 | 38,055.15 |
| Jun 30, 2023 | 6.00 Mn |
| Dec 31, 2022 | 9.34 Mn |
| Jun 30, 2022 | 14.72 Mn |
| Dec 31, 2021 | 21.93 Mn |
| Jun 30, 2021 | 10.33 Mn |
| Dec 31, 2020 | 12.61 Mn |
| Jun 30, 2020 | 12.22 Mn |
| Dec 31, 2019 | 1.40 Mn |
| Jun 30, 2019 | 12.59 Mn |
| Dec 31, 2018 | 11.76 Mn |
| Jun 30, 2018 | 11.36 Mn |
| Dec 31, 2017 | 12.65 Mn |
| Jun 30, 2017 | 12.81 Mn |
| Dec 31, 2016 | 60,476.43 |
| Jun 30, 2016 | 800,000.00 |