Growth Metrics

The9 (NCTY) Accumulated Expenses (2014 - 2025)

The9's quarterly Accumulated Expenses came in at $555651.8 in Q4 2025, down 90.42% year-on-year from $5.8 million in Q4 2024, and up 59.3% quarter-over-quarter from $348811.6 in Q2 2025.

The9 has reported Accumulated Expenses for 12 years, with the latest figure at $555651.8 in Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses fell 90.42% year-over-year to $555651.8; the trailing twelve-month figure through Dec 2025 stood at $555651.8 (down 90.42% YoY), and the FY2025 full-year result was $564000.0, up 177.83% from the prior year.
  • Accumulated Expenses for Q4 2025 stood at $555651.8, up from $348811.6 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 $5.0 million, with a median of $558886.4 recorded in 2025.
  • Year-over-year, Accumulated Expenses slumped 99.59% in 2023 and surged 15142.52% in 2024.
  • Tracing NCTY's Accumulated Expenses over 5 years: stood at $21.9 million in 2021, then slumped by 57.4% to $9.3 million in 2022, then tumbled by 99.59% to $38055.1 in 2023, then surged by 15142.52% to $5.8 million in 2024, then sank by 90.42% to $555651.8 in 2025.
  • The last three Accumulated Expenses figures came in at $555651.8 (Q4 2025), $348811.6 (Q2 2025), and $5.8 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 The9 1.57 Bn 1.57 Bn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 555,651.84
Jun 30, 2025 348,811.65
Dec 31, 2024 5.80 Mn
Jun 30, 2024 127,499.96
Dec 31, 2023 38,055.15
Jun 30, 2023 476,726.40
Dec 31, 2022 9.34 Mn
Jun 30, 2022 562,121.00
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 2.35 Mn
Dec 31, 2018 11.76 Mn
Jun 30, 2018 1.80 Mn
Dec 31, 2017 12.65 Mn
Jun 30, 2017 177,167.00
Dec 31, 2016 60,476.43
Jun 30, 2016 800,000.00
Dec 31, 2015 5.62 Mn
Dec 31, 2014 6.82 Mn