The9 (NCTY) Shares Outstanding (Diluted Average) (2009 - 2025)

The9 (NCTY) recorded quarterly Shares Outstanding (Diluted Average) of $320.6 million in Q4 2025, up 34.89% quarter-over-quarter from $237.7 million in Q2 2025, and up 64.11% on a YoY basis from $195.3 million in Q4 2024.

The9 (NCTY) Shares Outstanding (Diluted Average) (2009 - 2025) Analysis & Trends

The9's Shares Outstanding (Diluted Average) history runs 17 years deep, the most recent figure standing at $320.6 million for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) rose 64.11% year-over-year to $320.6 million; the TTM figure through Dec 2025 stood at $320.6 million (up 64.11% YoY), while the FY2025 annual figure was $316.4 million, up 62.03% from the prior year.
  • Shares Outstanding (Diluted Average) was $320.6 million for Q4 2025 at The9, up from $237.7 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $320.6 million in Q4 2025 to a low of $101268.3 in Q4 2022.
  • Historically, Shares Outstanding (Diluted Average) has averaged $142.4 million across 5 years, with a median of $133.1 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Diluted Average) tumbled 99.87% in 2022, then surged 138542.23% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $77.5 million in 2021, then tumbled by 99.87% to $101268.3 in 2022, then soared by 138542.23% to $140.4 million in 2023, then jumped by 39.13% to $195.3 million in 2024, then surged by 64.11% to $320.6 million in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $320.6 million (Q4 2025), $237.7 million (Q2 2025), and $195.3 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.58 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 308.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 1.75 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 915.04 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 80.45 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 213.32 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 300.37 Mn
10 The9 1.59 Bn 1.60 Bn - 320.59 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 320.59 Mn
Jun 30, 2025 237.67 Mn
Dec 31, 2024 195.34 Mn
Jun 30, 2024 176.15 Mn
Dec 31, 2023 140.40 Mn
Jun 30, 2023 125.88 Mn
Dec 31, 2022 101,268.26
Jun 30, 2022 98.60 Mn
Dec 31, 2021 77.47 Mn
Jun 30, 2021 52.18 Mn
Dec 31, 2020 24.69 Mn
Jun 30, 2020 115.88 Mn
Dec 31, 2019 15.10 Mn
Jun 30, 2019 12.37 Mn
Dec 31, 2018 8.98 Mn
Jun 30, 2018 7.09 Mn
Dec 31, 2017 5.05 Mn
Jun 30, 2017 3.49 Mn
Dec 31, 2016 3.51 Mn
Jun 30, 2016 3.66 Mn