The9 (NCTY) Research & Development (2009 - 2026)
The9's Research & Development came in at -$443,000 for Q2 2026, compared with -$20,047 a year earlier.
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Analysis
The9 (NCTY) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, The9 reported Research & Development of -$998,239; for FY2025, it came in at -$1.4 million.
- Going back by year, Research & Development was -$117,000 in FY2024, -$277,519 in FY2023, -$352,748 in FY2022 and -$300,907 in FY2021.
- The five-year range for quarterly Research & Development is -$514,970 (Q1 2026) to -$20,047 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,147.27 Bn | 3,904.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,755.41 Bn | 1,457.93 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 291.70 Bn | 251.90 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.29 Bn | 66.07 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 226.42 Bn | 203.60 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 140.04 Bn | 111.84 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 125.33 Bn | 58.38 Bn | - | - |
| 8 | PDD Holdings | 113.82 Bn | -129.96 Bn | 9.45 Bn | -673.00 Mn |
| 9 | Spotify Technology | 108.45 Bn | 65.95 Bn | 1.86 Bn | 468.43 Mn |
| 10 | The9 | 25.16 Mn | 6.96 Mn | 319,000.00 | -443,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -443,000.00 |
| Mar 31, 2026 | -514,970.35 |
| Jun 30, 2025 | -20,046.65 |
| Mar 31, 2025 | -20,222.22 |
| Dec 31, 2013 | -6.96 Mn |
| Sep 30, 2013 | -9.65 Mn |
| Jun 30, 2013 | -9.64 Mn |
| Mar 31, 2013 | -8.72 Mn |
| Dec 31, 2012 | -11.03 Mn |
| Sep 30, 2012 | -13.68 Mn |
| Jun 30, 2012 | -12.32 Mn |
| Mar 31, 2012 | -10.90 Mn |
| Dec 31, 2011 | -10.89 Mn |
| Sep 30, 2011 | -9.08 Mn |
| Jun 30, 2011 | -7.28 Mn |
| Mar 31, 2011 | -6.10 Mn |
| Dec 31, 2010 | -5.26 Mn |
| Sep 30, 2010 | -5.53 Mn |
| Jun 30, 2010 | -5.74 Mn |
| Mar 31, 2010 | -4.10 Mn |
API Access
The9 Research & Development 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=research-and-development&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();