The9 (NCTY) Operating Leases (2019 - 2025)

The9 has reported Operating Leases for 7 years, with the latest figure at $1.1 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Leases rose 393.44% year-over-year to $1.1 million; the trailing twelve-month figure through Dec 2025 stood at $1.1 million (up 393.44% YoY), and the FY2025 full-year result was $1.1 million, up 408.18% from the prior year.
• Operating Leases for Q4 2025 stood at $1.1 million, up from $223302.0 in the prior quarter.
• The five-year high for Operating Leases was $4.6 million in Q4 2022, with the low at $223302.0 in Q4 2024.
• Average Operating Leases over 5 years is $1.4 million, with a median of $401556.9 recorded in 2021.
• Year-over-year, Operating Leases soared 1057.94% in 2022 and slumped 91.67% in 2023.
• Tracing NCTY's Operating Leases over 5 years: stood at $401556.9 in 2021, then soared by 1057.94% to $4.6 million in 2022, then plunged by 91.67% to $387218.1 in 2023, then slumped by 42.33% to $223302.0 in 2024, then jumped by 393.44% to $1.1 million in 2025.
• The last three Operating Leases figures came in at $1.1 million (Q4 2025), $223302.0 (Q4 2024), and $387218.1 (Q4 2023), per Business Quant data.

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