The9 LTD (NCTY)
The9 LTD reported revenue of $15.4M in fiscal 2025, up 0.8% from a year earlier. It posted a net loss of $57.5M. At December 31, 2025 it held $8.4M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 16, 2026.
What The9 LTD does
The9 LTD is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker NCTY.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.4M | -$57.5M | -$0.03 | n/a |
| 2024 | $15.3M | -$10.1M | -$0.01 | n/a |
| 2023 | $174M | $2.8M | n/a | n/a |
| 2022 | $17.2M | -$141.3M | -$0.20 | n/a |
| 2021 | $21.3M | -$64.5M | -$0.13 | n/a |
| 2020 | $95.9K | $61M | $0.37 | n/a |
Latest SEC filings
What The9 LTD has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 24, 2026
- August 21, 2026
- August 6, 2026
- July 27, 2026
- July 20, 2026Form F-3/A filing F-3/A
- June 18, 2026Form F-3/A filing F-3/A
- June 2, 2026Form F-3/A filing F-3/A
- May 8, 2026Form F-3/A filing F-3/A
- April 16, 2026Form F-3 filing F-3
- April 16, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025
Questions about NCTY
What does The9 LTD do?
The9 LTD is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker NCTY.
Is The9 LTD profitable?
No. In fiscal 2025 it reported a net loss of $57.5M on revenue of $15.4M.
How much revenue does The9 LTD make?
In fiscal 2025 The9 LTD reported revenue of $15.4M. That is 0.8% more than a year earlier.
When did The9 LTD last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 16, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 24, 2026.
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Follow NCTY: get an email when it filesWhere the numbers come from
Financial figures are the values The9 LTD tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.