The9 (NCTY) Intangibles (2009 - 2025)

The9's Intangibles history runs 16 years deep, the most recent figure standing at $2.2 million for Q4 2025.

• In Q4 2025, Intangibles rose 31.26% year-over-year to $2.2 million; the TTM figure through Dec 2025 stood at $2.2 million (up 31.26% YoY), while the FY2025 annual figure was $2.3 million, up 88.25% from the prior year.
• Intangibles was $2.2 million for Q4 2025 at The9, down from $4.9 million in the prior quarter.
• In the past five years, Intangibles ranged from a high of $13.5 million in Q4 2021 to a low of $1.7 million in Q4 2024.
• Historically, Intangibles has averaged $7.8 million across 5 years, with a median of $7.8 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Intangibles surged 46.81% in 2023, then plunged 86.07% in 2024.
• A 5-year view of Intangibles shows it stood at $13.5 million in 2021, then slumped by 30.75% to $9.3 million in 2022, then jumped by 30.6% to $12.2 million in 2023, then slumped by 86.07% to $1.7 million in 2024, then jumped by 31.26% to $2.2 million in 2025.
• The last three 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.