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| Date | Value |
|---|---|
| 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 |