Growth Metrics

The9 (NCTY) Change in Accured Expenses (2015 - 2025)

The9's quarterly Change in Accured Expenses came in at $5.9 million in Q2 2025, down 20.42% year-on-year from $7.4 million in Q2 2024, and up 1.73% quarter-over-quarter from $5.8 million in Q4 2024.

The9 has reported Change in Accured Expenses for 10 years, with the latest figure at $5.9 million in Q2 2025.

  • For the quarter ending Q2 2025, Change in Accured Expenses fell 20.42% year-over-year to $5.9 million; the trailing twelve-month figure through Jun 2025 stood at $5.9 million (down 20.42% YoY), and the FY2025 full-year result was $1.2 million, up 417.75% from the prior year.
  • Change in Accured Expenses for Q2 2025 stood at $5.9 million, up from $5.8 million in the prior quarter.
  • The five-year high for Change in Accured Expenses was $21.9 million in Q4 2021, with the low at $5.8 million in Q4 2024.
  • Average Change in Accured Expenses over 5 years is $9.7 million, with a median of $6.8 million recorded in 2023.
  • Year-over-year, Change in Accured Expenses sank 59.23% in 2023 and increased 23.59% in 2024.
  • Tracing NCTY's Change in Accured Expenses over 5 years: stood at $21.9 million in 2021, then plunged by 57.4% to $9.3 million in 2022, then sank by 34.32% to $6.1 million in 2023, then fell by 5.46% to $5.8 million in 2024, then grew by 1.73% to $5.9 million in 2025.
  • The last three Change in Accured Expenses figures came in at $5.9 million (Q2 2025), $5.8 million (Q4 2024), and $7.4 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 - -1.07 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 47.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -931.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -101.45 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 223.68 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 53.86 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -26.38 Mn
10 The9 1.57 Bn 1.57 Bn - -

Historic Data

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DateValue
Jun 30, 2025 5.90 Mn
Jun 30, 2025 5.90 Mn
Dec 31, 2024 5.80 Mn
Dec 31, 2024 5.80 Mn
Jun 30, 2024 7.41 Mn
Jun 30, 2024 7.41 Mn
Dec 31, 2023 6.14 Mn
Dec 31, 2023 6.14 Mn
Jun 30, 2023 6.00 Mn
Jun 30, 2023 6.00 Mn
Dec 31, 2022 9.34 Mn
Dec 31, 2022 9.34 Mn
Jun 30, 2022 14.72 Mn
Jun 30, 2022 14.72 Mn
Dec 31, 2021 21.93 Mn
Dec 31, 2021 21.93 Mn
Jun 30, 2019 12.59 Mn
Jun 30, 2019 12.59 Mn
Dec 31, 2018 11.76 Mn
Dec 31, 2018 11.76 Mn
Jun 30, 2018 11.36 Mn
Jun 30, 2018 11.36 Mn
Dec 31, 2017 12.65 Mn
Dec 31, 2017 12.65 Mn
Jun 30, 2017 12.81 Mn
Jun 30, 2017 12.81 Mn
Dec 31, 2016 13.53 Mn
Dec 31, 2016 13.53 Mn
Jun 30, 2016 5.19 Mn
Jun 30, 2016 5.19 Mn
Dec 31, 2015 5.62 Mn
Dec 31, 2015 5.62 Mn