The9 LTD revenue

The9 LTD's revenue was $15.0m in fiscal 2025, down 3.3% on the year before. Since fiscal 2009 ($118m) it has grown at a compound -12.1% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

The9 LTD: revenue history, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	118	16	17	26	17	11	7	8	11	3	0	0	21	16	25	16	15
Growth on the year before	—	−86.4%	+8.6%	+49.0%	−33.1%	−39.3%	−29.5%	+14.3%	+27.8%	−75.5%	−98.1%	+83.3%	+>999%	−25.7%	+57.4%	−36.9%	−3.3%
Gross profit	7	−0	10	13	−0	−3	−3	1	7	0	−0	−0	7	−7	−6	−0	0

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Investment Banking & Brokerage: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
The9 LTD	$15.0m	-3.3%	—
Argo Blockchain plc	$15.5m	-67.0%	—
Waton Financial Ltd	$11.1m	48.8%	—
Lion Group Holding Ltd	$9.4m	657.5%	—
Solowin Holdings, Ltd.	$28.0m	895.0%	—
Garden Stage Ltd	$7.3m	33.2%	—

Compare with peers

Head to head: ARBK vs NCTY NCTY vs WTF LGHL vs NCTY AXG vs NCTY

More: Investment Banking & Brokerage stocks compared, Financials sector, rankings of US companies

Figures from The9 LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to The9 LTD.