Growth Metrics

The9 (NCTY) Goodwill & Intangibles (2009 - 2025)

The9's quarterly Goodwill & Intangibles came in at $2.2 million in Q4 2025, up 31.26% year-on-year from $1.7 million in Q4 2024, and down 54.46% quarter-over-quarter from $4.9 million in Q2 2025.

The9 has reported Goodwill & Intangibles for 13 years, with the latest figure at $2.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Goodwill & Intangibles rose 31.26% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 31.26% YoY), and the FY2025 full-year result was $2.2 million, up 29.59% from the prior year.
  • Goodwill & Intangibles for Q4 2025 stood at $2.2 million, down from $4.9 million in the prior quarter.
  • The five-year high for Goodwill & Intangibles was $13.5 million in Q4 2021, with the low at $1.7 million in Q4 2024.
  • Average Goodwill & Intangibles over 5 years is $7.8 million, with a median of $7.8 million recorded in 2023.
  • Year-over-year, Goodwill & Intangibles jumped 46.81% in 2023 and plunged 86.07% in 2024.
  • Tracing NCTY's Goodwill & Intangibles over 5 years: stood at $13.5 million in 2021, then sank by 30.75% to $9.3 million in 2022, then surged by 30.6% to $12.2 million in 2023, then sank by 86.07% to $1.7 million in 2024, then surged by 31.26% to $2.2 million in 2025.
  • The last three Goodwill & Intangibles figures came in at $2.2 million (Q4 2025), $4.9 million (Q2 2025), and $1.7 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 The9 1.57 Bn 1.57 Bn -

Historic Data

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DateValue
Dec 31, 2025 2.23 Mn
Jun 30, 2025 4.89 Mn
Dec 31, 2024 1.70 Mn
Jun 30, 2024 7.55 Mn
Dec 31, 2023 12.18 Mn
Jun 30, 2023 8.08 Mn
Dec 31, 2022 9.33 Mn
Jun 30, 2022 5.50 Mn
Dec 31, 2021 13.47 Mn
Jun 30, 2021 13.45 Mn
Dec 31, 2018 9.05 Mn
Dec 31, 2015 13.98 Mn
Jun 30, 2015 15.99 Mn
Dec 31, 2014 17.48 Mn
Jun 30, 2014 20.05 Mn
Dec 31, 2013 22.75 Mn
Dec 31, 2012 26.41 Mn
Dec 31, 2011 26.68 Mn
Dec 31, 2010 4.24 Mn
Jun 30, 2010 51.05 Mn
Mar 31, 2010 7.33 Mn
Dec 31, 2009 7.57 Mn
Sep 30, 2009 17.16 Mn
Jun 30, 2009 16.41 Mn
Mar 31, 2009 21.49 Mn