The9 (NCTY) Equity Average (2018 - 2025)

The9 (NCTY) posted quarterly Equity Average of $39.3 million for Q4 2025, down 15.73% year-over-year from $46.6 million in Q4 2024, and down 22.79% on a QoQ basis from $50.9 million in Q2 2025.

The9 (NCTY) Equity Average (2018 - 2025) Analysis & Trends

The9 (NCTY) has reported Equity Average for 7 consecutive years, with $39.3 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Equity Average fell 15.73% year-over-year to $39.3 million; the TTM figure through Dec 2025 stood at $39.3 million (down 15.73% YoY), while the FY2025 annual figure was $36.8 million, up 2.44% from the prior year.
  • Equity Average came in at $39.3 million for Q4 2025 at The9, down from $50.9 million in the prior quarter.
  • The five-year high for Equity Average was $82.5 million in Q2 2022, with the low at -$11.3 million in Q2 2023.
  • Average Equity Average over 4 years is $33.5 million, with a median of $37.5 million recorded in 2024.
  • Across the five-year window, Equity Average plunged 113.66% in 2023 and surged 7673.27% in 2024, its largest moves.
  • Year by year, Equity Average stood at $24.8 million in 2022, then tumbled by 102.48% to -$615638.5 in 2023, then soared by 7673.27% to $46.6 million in 2024, then fell by 15.73% to $39.3 million in 2025.
  • According to Business Quant data, Equity Average over the past three periods registered $39.3 million, $50.9 million, and $46.6 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 113.51 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 123.88 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.33 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.42 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 5.52 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.25 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 3.38 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.59 Bn
10 The9 11.51 Bn 11.51 Bn - 39.29 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 39.29 Mn
Jun 30, 2025 50.89 Mn
Dec 31, 2024 46.62 Mn
Jun 30, 2024 35.64 Mn
Dec 31, 2023 -615,638.53
Jun 30, 2023 -11.27 Mn
Dec 31, 2022 24.78 Mn
Jun 30, 2022 82.55 Mn
Dec 31, 2018 -148.21 Mn
Jun 30, 2018 -130.40 Mn