The9 (NCTY) Receivables (2009 - 2025)

The9 (NCTY) recorded quarterly Receivables of $605465.4 in Q4 2025, up 156.71% quarter-over-quarter from $235859.2 in Q2 2025, and up 293.59% on a YoY basis from $153833.4 in Q4 2024.

The9 (NCTY) Receivables (2009 - 2025) Analysis & Trends

The9's Receivables history runs 17 years deep, the most recent figure standing at $605465.4 for Q4 2025.

  • In Q4 2025, Receivables rose 293.59% year-over-year to $605465.4; the TTM figure through Dec 2025 stood at $605465.4 (up 293.59% YoY), while the FY2025 annual figure was $597565.0, up 292.41% from the prior year.
  • Receivables was $605465.4 for Q4 2025 at The9, up from $235859.2 in the prior quarter.
  • In the past five years, Receivables ranged from a high of $369.5 million in Q4 2021 to a low of $91110.1 in Q4 2023.
  • Historically, Receivables has averaged $37.2 million across 5 years, with a median of $190788.2 in 2021.
  • The sharpest annual moves came in 2021 and 2022: Receivables soared 82147575.99% in 2021, then plunged 99.97% in 2022.
  • A 5-year view of Receivables shows it stood at $369.5 million in 2021, then slumped by 99.97% to $105594.5 in 2022, then slipped by 13.72% to $91110.1 in 2023, then soared by 68.84% to $153833.4 in 2024, then soared by 293.59% to $605465.4 in 2025.
  • The last three Receivables figures came in at $605465.4 (Q4 2025), $235859.2 (Q2 2025), and $153833.4 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -445,794.07
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 18.12 Bn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 92.49 Bn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 354.24 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 114.76 Mn
10 The9 1.59 Bn 1.60 Bn - 605,465.37

Historic Data

Download Data
DateValue
Dec 31, 2025 605,465.37
Jun 30, 2025 235,859.17
Dec 31, 2024 153,833.37
Jun 30, 2024 102,911.67
Dec 31, 2023 91,110.13
Jun 30, 2023 99,085.99
Dec 31, 2022 105,594.51
Jun 30, 2022 567,756.00
Dec 31, 2021 369.51 Mn
Jun 30, 2021 227,743.00
Dec 31, 2020 449.81
Jun 30, 2020 209,163.00
Dec 31, 2019 157,549.66
Dec 31, 2018 230,380.03
Dec 31, 2017 770,886.19
Dec 31, 2016 4.17 Mn
Dec 31, 2015 2.44 Mn
Jun 30, 2015 2.36 Mn
Dec 31, 2014 2.78 Mn
Jun 30, 2014 2.67 Mn