The9 (NCTY) Non-cash Items (2011 - 2025)

The9's Non-cash Items history runs 11 years deep, the most recent figure standing at $22.1 million for Q4 2025.

• In Q4 2025, Non-cash Items fell 41.01% year-over-year to $22.1 million; the TTM figure through Dec 2025 stood at $22.1 million (down 41.01% YoY), while the FY2025 annual figure was $22.5 million, down 39.02% from the prior year.
• Non-cash Items was $22.1 million for Q4 2025 at The9, down from $37.5 million in the prior quarter.
• In the past five years, Non-cash Items ranged from a high of $37.5 million in Q4 2024 to a low of $4.0 million in Q4 2023.
• Historically, Non-cash Items has averaged $18.0 million across 4 years, with a median of $15.3 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Non-cash Items plunged 52.18% in 2023, then surged 835.42% in 2024.
• A 4-year view of Non-cash Items shows it stood at $8.4 million in 2022, then slumped by 52.18% to $4.0 million in 2023, then surged by 835.42% to $37.5 million in 2024, then slumped by 41.01% to $22.1 million in 2025.
• The last three Non-cash Items figures came in at $22.1 million (Q4 2025), $37.5 million (Q4 2024), and $4.0 million (Q4 2023), per Business Quant data.