NCTY
Income statement / Annual
Last year (2025), The9 Limited's total revenue was $107.90 M,
a decrease of 4.77% from the previous year.
In 2025, The9 Limited's net income was -$402.45 M.
See The9 Limited,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$107.90 M |
$113.30 M |
$174.02 M |
$109.95 M |
$134.12 M |
$591.34 K |
$340.57 K |
$18.11 M |
$71.31 M |
$58.79 M |
| Cost of Revenue |
$106.09 M
|
$114.92 M
|
$213.15 M
|
$158.06 M
|
$86.89 M
|
$769.69 K
|
$3.19 M
|
$17.08 M
|
$23.18 M
|
$50.75 M
|
| Gross Profit |
$1.81 M
|
-$1.63 M
|
-$39.13 M
|
-$48.10 M
|
$47.22 M
|
-$178.35 K
|
-$2.85 M
|
$1.04 M
|
$48.12 M
|
$8.03 M
|
| Gross Profit Ratio |
0.02
|
-0.01
|
-0.22
|
-0.44
|
0.35
|
-0.3
|
-8.36
|
0.06
|
0.67
|
0.14
|
| Research and Development Expenses |
$9.80 M
|
$868.13 K
|
$1.97 M
|
$2.48 M
|
$1.89 M
|
$2.30 M
|
$12.13 M
|
$25.51 M
|
$43.98 M
|
$81.58 M
|
| General & Administrative Expenses |
$205.82 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$33.95 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$239.77 M
|
$160.32 M
|
$198.49 M
|
$369.92 M
|
$311.11 M
|
$103.42 M
|
$114.74 M
|
$95.49 M
|
$114.95 M
|
$157.25 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$6.85
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$6.59
|
$6.95
|
| Operating Expenses |
$249.57 M
|
$161.19 M
|
$200.46 M
|
$372.40 M
|
$313.00 M
|
$105.73 M
|
$126.88 M
|
$121.01 M
|
$158.93 M
|
$238.83 M
|
| Cost And Expenses |
$355.65 M
|
$276.11 M
|
$413.61 M
|
$530.45 M
|
$399.90 M
|
$106.50 M
|
$130.06 M
|
$138.08 M
|
$182.11 M
|
$289.58 M
|
| Interest Income |
$449.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$429.73 K
|
$18.58 K
|
$193.93 K
|
$30.53 K
|
$161.14 K
|
| Interest Expense |
$23.26 M
|
$34.22 M
|
$31.38 M
|
$23.34 M
|
$119.17 M
|
$4.07 M
|
$34.50 M
|
$104.78 M
|
$83.92 M
|
$56.47 M
|
| Depreciation & Amortization |
$15.12 M
|
$62.37 M
|
$86.85 M
|
$92.99 M
|
$46.79 M
|
$378.16 K
|
$2.77 M
|
$3.79 M
|
$5.17 M
|
$18.27 M
|
| EBITDA |
-$369.85 M |
-$100.44 M |
-$152.74 M |
-$327.51 M |
-$219.00 M |
-$105.53 M |
-$126.95 M |
-$116.18 M |
-$105.64 M |
-$212.53 M |
| EBITDA Ratio |
-3.43
|
-0.89
|
-0.88
|
-2.98
|
-1.63
|
-178.45
|
-372.76
|
-6.41
|
-1.48
|
-3.62
|
| Operating Income Ratio |
-2.3
|
-1.44
|
-1.38
|
-3.82
|
-1.98
|
-179.09
|
-380.9
|
-6.62
|
-1.55
|
-3.93
|
| Total Other Income/Expenses Net |
-$161.05 M
|
$88.13 M
|
$95.33 M
|
-$285.08 M
|
-$145.65 M
|
$484.64 M
|
-$65.92 M
|
-$128.65 M
|
$1.53 M
|
-$473.35 M
|
| Income Before Tax |
-$408.81 M
|
-$74.69 M
|
-$144.26 M
|
-$705.58 M
|
-$411.43 M
|
$378.73 M
|
-$195.64 M
|
-$248.62 M
|
-$109.27 M
|
-$704.15 M
|
| Income Before Tax Ratio |
-3.79
|
-0.66
|
-0.83
|
-6.42
|
-3.07
|
640.46
|
-574.45
|
-13.73
|
-1.53
|
-11.98
|
| Income Tax Expense |
$110.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$6.77 M
|
$0.00
|
$0.00
|
$0.00
|
-$6.36 M
|
| Net Income |
-$402.45 M
|
-$74.46 M
|
-$138.79 M
|
-$991.98 M
|
-$405.91 M
|
$375.04 M
|
-$190.11 M
|
-$268.08 M
|
-$170.88 M
|
-$707.81 M
|
| Net Income Ratio |
-3.73
|
-0.66
|
-0.8
|
-9.02
|
-3.03
|
634.21
|
-558.21
|
-14.8
|
-2.4
|
-12.04
|
| EPS |
-51 |
-15.69 |
6 |
-288 |
-234 |
726 |
-576 |
-1246.2 |
-1573.2 |
-8502.9 |
| EPS Diluted |
-51 |
-15.69 |
6 |
-288 |
-234 |
726 |
-537 |
-1246.2 |
-1573.2 |
-8502.9 |
| Weighted Average Shares Out |
$7.58 M
|
$4.68 M
|
$4.93 M
|
$3.40 M
|
$1.75 M
|
$546.97 K
|
$330.82 K
|
$207.05 K
|
$111.42 K
|
$79.58 K
|
| Weighted Average Shares Out Diluted |
$7.58 M
|
$4.68 M
|
$4.93 M
|
$2.40 M
|
$1.65 M
|
$545.33 K
|
$354.69 K
|
$207.05 K
|
$111.42 K
|
$79.58 K
|
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