The9 (NCTY) Cost of Revenue (2009 - 2026)
The9 (NCTY) posted quarterly Cost of Revenue of $936.0 million for Q1 2026, up 26275013.24% year-over-year from N/an in Q1 2025, and up 13920.07% quarter-over-quarter from $6.7 million in Q2 2025.
The9 (NCTY) Cost of Revenue (2009 - 2026) Analysis & Trends
The9's Cost of Revenue history runs 14 years deep, the most recent figure standing at $936.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 26275013.24% year-over-year to $936.0 million; the TTM figure through Mar 2026 stood at $942.8 million (down 99.46% YoY), while the FY2025 annual figure was $15.2 million, down 2.28% from the prior year.
- Cost of Revenue for Q1 2026 stood at $936.0 million, up from $6.7 million in the prior quarter.
- The five-year high for Cost of Revenue was $936.0 million in Q1 2026, with the low at $3562.1 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 104.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | The9 | 56,961.36 | -2.76 Mn | 363.81 Mn | 935.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 935.96 Mn |
| Mar 31, 2026 | 935.96 Mn |
| Jun 30, 2025 | 6.68 Mn |
| Jun 30, 2025 | 6.68 Mn |
| Mar 31, 2025 | 3,562.14 |
| Mar 31, 2025 | 3,562.14 |
| Dec 31, 2020 | 122,847.66 |
| Dec 31, 2020 | 122,847.66 |
| Dec 31, 2019 | 174.12 Bn |
| Dec 31, 2019 | 174.12 Bn |
| Dec 31, 2018 | 1.17 Mn |
| Dec 31, 2018 | 1.17 Mn |
| Dec 31, 2017 | 2.08 Mn |
| Dec 31, 2017 | 2.08 Mn |
| Dec 31, 2016 | 2.96 Mn |
| Dec 31, 2016 | 2.96 Mn |
| Dec 31, 2015 | 5.18 Mn |
| Dec 31, 2015 | 5.18 Mn |
| Dec 31, 2014 | 7.18 Mn |
| Dec 31, 2014 | 7.18 Mn |