The9 Operating Expenses Growth & History (NCTY)
The9's operating expenses was $40.5M for fiscal 2025.
View full The9 company overviewThe9 annual operating expenses history
2011
2012
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2015
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2022
2023
2024
2025
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $40.5M | $32.6M | +416.61% |
| 2024 | 2024-12-31 | $7.8M | −$32.3M | −80.48% |
| 2023 | 2023-12-31 | $40.1M | −$89.8M | −69.11% |
| 2022 | 2022-12-31 | $129.9M | $72.7M | +127.01% |
| 2021 | 2021-12-31 | $57.2M | $5.6M | +10.83% |
| 2020 | 2020-12-31 | $51.6M | $28.3M | +120.85% |
| 2019 | 2019-12-31 | $23.4M | $8.0M | +51.64% |
| 2018 | 2018-12-31 | $15.4M | −$9.6M | −38.48% |
| 2017 | 2017-12-31 | $25.1M | −$19.1M | −43.31% |
| 2016 | 2016-12-31 | $44.2M | −$2.7M | −5.69% |
| 2015 | 2015-12-31 | $46.9M | $24.4M | +108.60% |
| 2014 | 2014-12-31 | $22.5M | −$64.6M | −74.21% |
| 2013 | 2013-12-31 | $87.1M | −$21.6M | −19.90% |
| 2012 | 2012-12-31 | $108.8M | $32.9M | +43.41% |
| 2011 | 2011-12-31 | $75.8M | — | — |
The9 operating expenses trends
Over the last five fiscal years, The9's operating expenses decreased from $51.6M to $40.5M, a change of −$11.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review The9 source filings ↗