The9 (NCTY) EBITDA (2025 - 2026)
The9 (NCTY) posted EBITDA of -$12.6 million for Q2 2026, compared with $3.84 million a year earlier.
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Analysis
The9 (NCTY) EBITDA (2025 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at The9 was -$29.56 million; for FY2025, it was $539.56 million.
- Annual EBITDA shows a five-year compound annual growth rate of 61.7% (FY2020 to FY2025).
- In prior years, The9's EBITDA was $380,770 in FY2024, -$32.55 million in FY2023, -$82.71 million in FY2022 and -$37.78 million in FY2021.
- Quarterly EBITDA has run from a low of -$13.34 million in Q1 2026 to a high of $3.84 million in Q2 2025 over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,551.25 Bn | 3,286.15 Bn | 76.16 Bn | 48.95 Bn |
| 2 | Meta Platforms | 1,634.75 Bn | 1,299.27 Bn | 51.23 Bn | 20.14 Bn |
| 3 | Netflix | 263.30 Bn | 224.60 Bn | 6.80 Bn | 8.80 Bn |
| 4 | Alibaba Group Holding | 244.68 Bn | 58.31 Bn | 15.16 Bn | - |
| 5 | Shopify | 193.79 Bn | 172.59 Bn | 1.78 Bn | 575.00 Mn |
| 6 | Uber Technologies | 141.81 Bn | 112.63 Bn | 6.42 Bn | 1.67 Bn |
| 7 | AppLovin | 135.20 Bn | 123.73 Bn | 1.94 Bn | 1.74 Bn |
| 8 | Spotify Technology | 121.39 Bn | 78.31 Bn | 1.89 Bn | 844.41 Mn |
| 9 | Booking Holdings | 121.00 Bn | 54.75 Bn | - | 3.60 Bn |
| 10 | The9 | 20.84 Mn | 2.64 Mn | 319,000.00 | -12.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.65 Mn |
| Mar 31, 2026 | -13.34 Mn |
| Jun 30, 2025 | 3.84 Mn |
| Mar 31, 2025 | -7.46 Mn |
API Access
The9 EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "NCTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();