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 | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 47.87 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 25.13 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 8.60 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 495.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 2.09 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 2.63 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 795.06 Mn |
| 10 | The9 | 24.86 Mn | 6.66 Mn | 319,000.00 | -12.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.60 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();