The9 (NCTY) Operating Expenses (2009 - 2020)

The9 (NCTY) recorded quarterly Operating Expenses of $50.8 million in Q4 2020, up 320.14% quarter-over-quarter from -$23.1 million in Q4 2019, and up 320.14% on a YoY basis from $12.1 million in Q1 2020.

The9 (NCTY) Operating Expenses (2009 - 2020) Analysis & Trends

The9's Operating Expenses history runs 12 years deep, the most recent figure standing at $50.8 million for Q4 2020.

  • In Q4 2020, Operating Expenses rose 320.14% year-over-year to $50.8 million; the TTM figure through Jun 2022 stood at $50.8 million (up 83.24% YoY), while the FY2025 annual figure was $40.5 million, up 416.61% from the prior year.
  • Operating Expenses was $50.8 million for Q4 2020 at The9, up from -$23.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $50.8 million in Q4 2020 to a low of -$23.1 million in Q4 2019.
  • Historically, Operating Expenses has averaged -$2.4 million across 5 years, with a median of -$10.8 million in 2018.
  • The sharpest annual moves came in 2019 and 2020: Operating Expenses sank 114.12% in 2019, then surged 320.14% in 2020.
  • A 5-year view of Operating Expenses shows it stood at -$19.1 million in 2016, then soared by 48.21% to -$9.9 million in 2017, then dropped by 9.02% to -$10.8 million in 2018, then tumbled by 114.12% to -$23.1 million in 2019, then jumped by 320.14% to $50.8 million in 2020.
  • The last three Operating Expenses figures came in at $50.8 million (Q4 2020), -$23.1 million (Q4 2019), and -$10.8 million (Q4 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - 386,258.80
2 Morgan Stanley 349.82 Bn 216.29 Bn - 13.47 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 10.43 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 3.29 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 656.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 381.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 4.45 Bn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 330.51 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 81.75 Mn
10 The9 1.59 Bn 1.60 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2020 50.83 Mn
Dec 31, 2019 -23.09 Mn
Dec 31, 2018 -10.78 Mn
Dec 31, 2017 -9.89 Mn
Dec 31, 2016 -19.10 Mn
Dec 31, 2015 -27.98 Mn
Dec 31, 2014 2.22 Mn
Dec 31, 2013 -20.89 Mn
Sep 30, 2013 -20.83 Mn
Jun 30, 2013 -24.34 Mn
Mar 31, 2013 -20.43 Mn
Dec 31, 2012 -23.89 Mn
Sep 30, 2012 -32.90 Mn
Jun 30, 2012 -26.57 Mn
Mar 31, 2012 -24.38 Mn
Dec 31, 2011 -22,277.55 Bn
Sep 30, 2011 -22,466.44 Bn
Jun 30, 2011 -16.02 Mn
Mar 31, 2011 -14.25 Mn
Dec 31, 2010 -17,850.00 Bn