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
DateValue
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