The9 (NCTY) Operating Expenses (2009 - 2026)
The9 (NCTY) posted Operating Expenses of -$13.7 million for Q2 2026, up 6.63% on a QoQ basis from -$14.7 million in Q1 2026, and down 464.35% year-over-year from $3.8 million in Q2 2025.
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Analysis
The9 (NCTY) Operating Expenses (2009 - 2026) Analysis & Trends
The9 has reported Operating Expenses for 14 years, with the latest figure at -$13.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 464.35% year-over-year to -$13.7 million in Q2 2026; TTM through Jun 2026 was -$33.1 million, a 14.27% increase from a year earlier, with the FY2025 full-year figure at -$40.5 million, down 416.61% from the prior year.
- Operating Expenses was -$13.7 million for Q2 2026 at The9, up from -$14.7 million in the prior quarter.
- The five-year high for Operating Expenses was $3.8 million in Q2 2025, with the low at -$14.7 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 74.18 Bn | 64.04 Bn | 3.13 Bn | -1.35 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 1.20 Bn |
| 3 | Take Two Interactive Software | 38.42 Bn | 36.59 Bn | 882.50 Mn | 918.00 Mn |
| 4 | Roblox | 34.16 Bn | 31.13 Bn | 1.18 Bn | 1.70 Bn |
| 5 | The9 | 2.85 Bn | 2.85 Bn | 319,000.00 | -13.73 Mn |
| 6 | Playtika Holding | 842.89 Mn | 404.39 Mn | 538.20 Mn | 596.50 Mn |
| 7 | DoubleDown Interactive | 631.81 Mn | 78.25 Mn | 71.22 Mn | -57.78 Mn |
| 8 | Gravity | 481.91 Mn | 481.47 Mn | 34,891.11 | 16,505.33 |
| 9 | Sohu.com | 327.69 Mn | -504.94 Mn | 133.81 Mn | 124.88 Mn |
| 10 | Gdev | 201.47 Mn | 119.23 Mn | - | -73.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.73 Mn |
| Mar 31, 2026 | -14.71 Mn |
| Jun 30, 2025 | 3.77 Mn |
| Mar 31, 2025 | -8.40 Mn |
| Dec 31, 2020 | -16.78 Mn |
| Dec 31, 2019 | -17.17 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 | -22.28 Mn |
API Access
The9 Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NCTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();