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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 19.32 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 104.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 39.93 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | The9 | 49,552.00 | -5.97 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 |