The9 (NCTY) Accumulated Expenses (2014 - 2025)
The9 (NCTY) recorded quarterly Accumulated Expenses of $555651.8 in Q4 2025, up 59.3% quarter-over-quarter from $348811.6 in Q2 2025, and down 90.42% on a YoY basis from $5.8 million in Q4 2024.
The9 (NCTY) Accumulated Expenses (2014 - 2025) Analysis & Trends
The9's Accumulated Expenses history runs 12 years deep, the most recent figure standing at $555651.8 for 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 was $555651.8 for Q4 2025 at The9, up from $348811.6 in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $21.9 million in Q4 2021 to a low of $38055.1 in Q4 2023.
- Historically, Accumulated Expenses has averaged $5.0 million across 5 years, with a median of $558886.4 in 2025.
- The sharpest annual moves came in 2023 and 2024: Accumulated Expenses slumped 99.59% in 2023, then soared 15142.52% in 2024.
- A 5-year view of Accumulated Expenses shows it stood at $21.9 million in 2021, then tumbled by 57.4% to $9.3 million in 2022, then plunged by 99.59% to $38055.1 in 2023, then jumped by 15142.52% to $5.8 million in 2024, then slumped 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn |
| 10 | The9 | 1.59 Bn | 1.60 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |