The9 (NCTY) Retained Earnings (2009 - 2025)
The9's quarterly Retained Earnings came in at -$681.4 million in Q4 2025, down 10.48% year-on-year from -$761.1 million in Q4 2024, and down 41343.23% quarter-over-quarter from -$1.6 million in Q2 2025.
The9 has reported Retained Earnings for 16 years, with the latest figure at -$681.4 million in Q4 2025.
- For the quarter ending Q4 2025, Retained Earnings fell 10.48% year-over-year to -$681.4 million; the trailing twelve-month figure through Dec 2025 stood at -$681.4 million (down 10.48% YoY), and the FY2025 full-year result was -$1.7 million, up 99.72% from the prior year.
- Retained Earnings for Q4 2025 stood at -$681.4 million, down from -$1.6 million in the prior quarter.
- The five-year high for Retained Earnings was -$1.6 million in Q4 2023, with the low at -$681.4 million in Q4 2025.
- Average Retained Earnings over 5 years is -$192.6 million, with a median of -$1.7 million recorded in 2021.
- Year-over-year, Retained Earnings jumped 99.74% in 2023 and plunged 37718.79% in 2024.
- Tracing NCTY's Retained Earnings over 5 years: stood at -$2.0 million in 2021, then sank by 30906.44% to -$615.6 million in 2022, then surged by 99.74% to -$1.6 million in 2023, then sank by 37718.79% to -$616.8 million in 2024, then decreased by 10.48% to -$681.4 million in 2025.
- The last three Retained Earnings figures came in at -$681.4 million (Q4 2025), -$1.6 million (Q2 2025), and -$616.8 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -5.51 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 169.32 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | -10.76 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | -1.80 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 3.60 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | -1.24 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 6.17 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -39.40 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 7.93 Mn |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | -681.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -681.37 Mn |
| Jun 30, 2025 | -1.64 Mn |
| Dec 31, 2024 | -616.75 Mn |
| Jun 30, 2024 | -1.64 Mn |
| Dec 31, 2023 | -1.63 Mn |
| Jun 30, 2023 | -1.63 Mn |
| Dec 31, 2022 | -615.61 Mn |
| Jun 30, 2022 | -1.71 Mn |
| Dec 31, 2021 | -1.99 Mn |
| Jun 30, 2021 | -1.77 Mn |
| Dec 31, 2020 | -451.51 Mn |
| Jun 30, 2020 | -675,804.00 |
| Dec 31, 2019 | -536,018.74 |
| Jun 30, 2019 | -1.43 Mn |
| Dec 31, 2018 | -1.33 Mn |
| Jun 30, 2018 | -2.09 Mn |
| Dec 31, 2017 | -2.49 Mn |
| Jun 30, 2017 | -444.23 Mn |
| Dec 31, 2016 | -424.72 Mn |
| Jun 30, 2016 | 585,239.00 |
| Jun 30, 2015 | -672,563.00 |
| Jun 30, 2014 | -1.85 Mn |
| Dec 31, 2012 | -1.07 Mn |
| Dec 31, 2011 | -137.29 Mn |
| Dec 31, 2010 | -88.44 Mn |
| Jun 30, 2010 | 4.14 Mn |
| Mar 31, 2010 | 4.14 Mn |
| Dec 31, 2009 | 4.12 Mn |
| Sep 30, 2009 | 4.11 Mn |
| Jun 30, 2009 | 4.11 Mn |
| Mar 31, 2009 | 4.11 Mn |