The9 (NCTY) Shares Outstanding (Diluted Average) (2009 - 2025)
The9's quarterly Shares Outstanding (Diluted Average) came in at $320.6 million in Q4 2025, up 64.11% year-on-year from $195.3 million in Q4 2024, and up 34.89% quarter-over-quarter from $237.7 million in Q2 2025.
The9 has reported Shares Outstanding (Diluted Average) for 17 years, with the latest figure at $320.6 million in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 64.11% year-over-year to $320.6 million; the trailing twelve-month figure through Dec 2025 stood at $320.6 million (up 64.11% YoY), and the FY2025 full-year result was $316.4 million, up 62.03% from the prior year.
- Shares Outstanding (Diluted Average) for Q4 2025 stood at $320.6 million, up from $237.7 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $320.6 million in Q4 2025, with the low at $101268.3 in Q4 2022.
- Average Shares Outstanding (Diluted Average) over 5 years is $142.4 million, with a median of $133.1 million recorded in 2023.
- Year-over-year, Shares Outstanding (Diluted Average) tumbled 99.87% in 2022 and jumped 138542.23% in 2023.
- Tracing NCTY's Shares Outstanding (Diluted Average) over 5 years: stood at $77.5 million in 2021, then slumped by 99.87% to $101268.3 in 2022, then jumped by 138542.23% to $140.4 million in 2023, then surged by 39.13% to $195.3 million in 2024, then soared 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 308.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 1.75 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 915.04 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 266.69 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 80.45 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 300.37 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 213.32 Mn |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | 320.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 16.35 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 |
| Dec 31, 2015 | 3.65 Mn |
| Jun 30, 2015 | 3.75 Mn |
| Jun 30, 2014 | 3.72 Mn |
| Dec 31, 2013 | 23.07 Mn |
| Sep 30, 2013 | 22.87 Mn |
| Jun 30, 2013 | 3.80 Mn |
| Mar 31, 2013 | 3.83 Mn |
| Dec 31, 2012 | 3.92 Mn |
| Sep 30, 2012 | 3.86 Mn |
| Jun 30, 2012 | 3.87 Mn |
| Mar 31, 2012 | 3.88 Mn |
| Dec 31, 2011 | 3.86 Mn |
| Sep 30, 2011 | 3.91 Mn |
| Jun 30, 2011 | 3.87 Mn |
| Mar 31, 2011 | 3.82 Mn |
| Dec 31, 2010 | 3.78 Mn |
| Sep 30, 2010 | 3.72 Mn |
| Jun 30, 2010 | 3.69 Mn |
| Mar 31, 2010 | 3.68 Mn |
| Dec 31, 2009 | 3.68 Mn |
| Sep 30, 2009 | 3.68 Mn |
| Jun 30, 2009 | 3.68 Mn |
| Mar 31, 2009 | 3.85 Mn |