The9 (NCTY) Operating Leases (2019 - 2025)
The9 (NCTY) posted quarterly Operating Leases of $1.1 million for Q4 2025, up 393.44% year-over-year from $223302.0 in Q4 2024, and up 432.39% on a QoQ basis from $206964.3 in Q2 2025.
The9 (NCTY) Operating Leases (2019 - 2025) Analysis & Trends
The9 (NCTY) has reported Operating Leases for 7 consecutive years, with $1.1 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Leases rose 393.44% year-over-year to $1.1 million; the TTM figure through Dec 2025 stood at $1.1 million (up 393.44% YoY), while the FY2025 annual figure was $1.1 million, up 408.18% from the prior year.
- Operating Leases came in at $1.1 million for Q4 2025 at The9, up from $206964.3 in the prior quarter.
- The five-year high for Operating Leases was $4.6 million in Q4 2022, with the low at $135652.0 in Q2 2022.
- Average Operating Leases over 5 years is $916355.2, with a median of $531339.0 recorded in 2021.
- Across the five-year window, Operating Leases jumped 1057.94% in 2022 and tumbled 91.67% in 2023, its largest moves.
- Year by year, Operating Leases stood at $401556.9 in 2021, then surged by 1057.94% to $4.6 million in 2022, then slumped by 91.67% to $387218.1 in 2023, then plunged by 42.33% to $223302.0 in 2024, then soared by 393.44% to $1.1 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $1.1 million, $206964.3, and $223302.0 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.10 Mn |
| Jun 30, 2025 | 206,964.34 |
| Dec 31, 2024 | 223,302.01 |
| Jun 30, 2024 | 661,121.15 |
| Dec 31, 2023 | 387,218.05 |
| Jun 30, 2023 | 701,740.12 |
| Dec 31, 2022 | 4.65 Mn |
| Jun 30, 2022 | 135,652.00 |
| Dec 31, 2021 | 401,556.91 |
| Jun 30, 2021 | 694,363.00 |
| Dec 31, 2020 | 943,340.37 |
| Jun 30, 2020 | 444,419.00 |
| Dec 31, 2019 | 1.37 Mn |