The9 (NCTY) Common Equity (2009 - 2025)
The9 (NCTY) recorded quarterly Common Equity of $23.9 million in Q4 2025, down 56.17% quarter-over-quarter from $54.6 million in Q2 2025, and down 47.05% on a YoY basis from $45.2 million in Q4 2024.
The9 (NCTY) Common Equity (2009 - 2025) Analysis & Trends
The9's Common Equity history runs 17 years deep, the most recent figure standing at $23.9 million for Q4 2025.
- In Q4 2025, Common Equity fell 47.05% year-over-year to $23.9 million; the TTM figure through Dec 2025 stood at $23.9 million (down 47.05% YoY), while the FY2025 annual figure was $24.3 million, down 45.43% from the prior year.
- Common Equity was $23.9 million for Q4 2025 at The9, down from $54.6 million in the prior quarter.
- In the past five years, Common Equity ranged from a high of $119.4 million in Q4 2021 to a low of -$26.4 million in Q2 2023.
- Historically, Common Equity has averaged $37.5 million across 5 years, with a median of $45.2 million in 2024.
- Biggest YoY gain for Common Equity was 550.46% in 2023; the steepest drop was 157.83% in 2023.
- A 5-year view of Common Equity shows it stood at $119.4 million in 2021, then slumped by 96.76% to $3.9 million in 2022, then jumped by 550.46% to $25.2 million in 2023, then jumped by 79.58% to $45.2 million in 2024, then sank by 47.05% to $23.9 million in 2025.
- The last three Common Equity figures came in at $23.9 million (Q4 2025), $54.6 million (Q2 2025), and $45.2 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 114.29 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 122.78 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 49.23 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 9.69 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 5.59 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 5.69 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 6.62 Bn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.66 Bn |
| 10 | The9 | 1.59 Bn | 1.60 Bn | - | 23.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.95 Mn |
| Jun 30, 2025 | 54.63 Mn |
| Dec 31, 2024 | 45.23 Mn |
| Jun 30, 2024 | 46.10 Mn |
| Dec 31, 2023 | 25.19 Mn |
| Jun 30, 2023 | -26.42 Mn |
| Dec 31, 2022 | 3.87 Mn |
| Jun 30, 2022 | 45.68 Mn |
| Dec 31, 2021 | 119.41 Mn |
| Dec 31, 2020 | -100.71 Mn |
| Dec 31, 2019 | -174.79 Mn |
| Jun 30, 2019 | -165.36 Mn |
| Dec 31, 2018 | -156.90 Mn |
| Dec 31, 2017 | -121.27 Mn |
| Dec 31, 2016 | -102.90 Mn |
| Dec 31, 2015 | -37.78 Mn |
| Jun 30, 2015 | -14.00 Mn |
| Dec 31, 2014 | 10.57 Mn |
| Jun 30, 2014 | 5.78 Mn |
| Dec 31, 2013 | 31.26 Mn |