Growth Metrics

The9 (NCTY) Cash & Equivalents (2009 - 2025)

The9's quarterly Cash & Equivalents came in at $8.2 million in Q4 2025, up 442.9% year-on-year from $1.5 million in Q4 2024, and up 65.25% quarter-over-quarter from $5.0 million in Q2 2025.

The9 has reported Cash & Equivalents for 17 years, with the latest figure at $8.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Cash & Equivalents rose 442.9% year-over-year to $8.2 million; the trailing twelve-month figure through Dec 2025 stood at $8.2 million (up 442.9% YoY), and the FY2025 full-year result was $8.4 million, up 1294.0% from the prior year.
  • Cash & Equivalents for Q4 2025 stood at $8.2 million, up from $5.0 million in the prior quarter.
  • The five-year high for Cash & Equivalents was $11.2 million in Q2 2022, with the low at $1.5 million in Q4 2024.
  • Average Cash & Equivalents over 5 years is $4.7 million, with a median of $3.9 million recorded in 2021.
  • Year-over-year, Cash & Equivalents tumbled 75.82% in 2024 and soared 442.9% in 2025.
  • Tracing NCTY's Cash & Equivalents over 5 years: stood at $1.9 million in 2021, then soared by 37.32% to $2.6 million in 2022, then soared by 138.83% to $6.3 million in 2023, then plunged by 75.82% to $1.5 million in 2024, then soared by 442.9% to $8.2 million in 2025.
  • The last three Cash & Equivalents figures came in at $8.2 million (Q4 2025), $5.0 million (Q2 2025), and $1.5 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 133.53 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 179.53 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 44.98 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 5.01 Bn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 5.09 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 1.52 Bn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 1.02 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 2.21 Bn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 1.94 Bn
10 The9 1.57 Bn 1.57 Bn - 8.25 Mn

Historic Data

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DateValue
Dec 31, 2025 8.25 Mn
Jun 30, 2025 4.99 Mn
Dec 31, 2024 1.52 Mn
Jun 30, 2024 1.97 Mn
Dec 31, 2023 6.28 Mn
Jun 30, 2023 2.99 Mn
Dec 31, 2022 2.63 Mn
Jun 30, 2022 11.18 Mn
Dec 31, 2021 1.92 Mn
Jun 30, 2021 4.91 Mn
Dec 31, 2020 1.29 Mn
Jun 30, 2020 8.20 Mn
Dec 31, 2019 20,416.08
Jun 30, 2019 304,163.00
Dec 31, 2018 615,608.46
Jun 30, 2018 8.01 Mn
Dec 31, 2017 2.72
Jun 30, 2017 507,175.00
Dec 31, 2016 5.70 Mn
Jun 30, 2016 3.30 Mn
Dec 31, 2015 7.68 Mn
Jun 30, 2015 14.41 Mn
Dec 31, 2014 29.57 Mn
Jun 30, 2014 4.35 Mn
Dec 31, 2013 25.81 Mn
Dec 31, 2012 88.70 Mn
Dec 31, 2011 168.67 Mn
Dec 31, 2010 213.01 Mn
Jun 30, 2010 228.02 Mn
Mar 31, 2010 234.96 Mn
Dec 31, 2009 245.69 Mn
Sep 30, 2009 259.39 Mn
Jun 30, 2009 274.91 Mn
Mar 31, 2009 301.99 Mn