# The9 LTD: overview NCTY · Nasdaq · CIK 1296774 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/ncty.md) · [Financials](/companies/ncty/financials.md) · [Filings](/companies/ncty/filings.md) · [Insiders](/companies/ncty/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [21.3](/filings/0001410578-22-001128.md) | [17.2](/filings/0001410578-23-000860.md) | [25.2](/filings/0001104659-24-047294.md) | [15.3](/filings/0001410578-25-000945.md) | [15.4](/filings/0001104659-26-043910.md) | | Gross margin | % | [35.2%](/filings/0001410578-22-001128.md) | [(55.3%)](/filings/0001410578-23-000860.md) | [(18.3%)](/filings/0001104659-24-047294.md) | [(1.4%)](/filings/0001410578-25-000945.md) | [1.7%](/filings/0001104659-26-043910.md) | | Operating margin | % | [(226.4%)](/filings/0001104659-24-047294.md) | [(556.4%)](/filings/0001104659-24-047294.md) | [(177.5%)](/filings/0001104659-24-047294.md) | [(52.6%)](/filings/0001410578-25-000945.md) | [(260.5%)](/filings/0001104659-26-043910.md) | | Net margin | % | [(302.7%)](/filings/0001410578-22-001128.md) | [(820.0%)](/filings/0001410578-23-000860.md) | [11.2%](/filings/0001104659-24-047294.md) | [(65.7%)](/filings/0001410578-25-000945.md) | [(379.0%)](/filings/0001104659-26-043910.md) | | Diluted EPS | $ per share | [(0.13)](/filings/0001410578-22-001128.md) | [(0.20)](/filings/0001410578-23-000860.md) | not reported | [(0.01)](/filings/0001410578-25-000945.md) | [(0.03)](/filings/0001104659-26-043910.md) | | Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ncty/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $150.7k | 30,745 | | New +30,745 | | [Independent Advisor Alliance](/funds/1696899.md) | 2026-06-30 | $57.2k | 11,672 | | Reduced −50 | | [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $3.1k | 635 | | Added +306 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.3k | 269 | | Reduced −149 | | [RHUMBLINE ADVISERS](/funds/1115418.md) | 2026-06-30 | $744 | 152 | | Unchanged | | [GROUP ONE TRADING LLC](/funds/932540.md) | 2026-06-30 | $250 | 51 | | Unchanged | | [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $212 | 42 | | Unchanged | | [Allworth Financial LP](/funds/1555170.md) | 2026-06-30 | $172 | 35 | | New +35 | | [HRT FINANCIAL LP](/funds/1475597.md) | 2026-06-30 | $98 | 20,180 | | Added +8,155 | ## Recent filings [All 369 filings](/companies/ncty/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-09-28 | 08:06 ET | [6-K](/filings/0001104659-26-111164.md) | Report of a foreign private issuer, period 2026-09-28 | 0001104659-26-111164 | | 2026-08-24 | 08:00 ET | [6-K](/filings/0001104659-26-099964.md) | Report of a foreign private issuer, period 2026-08-24 | 0001104659-26-099964 | | 2026-08-21 | 09:03 ET | [6-K](/filings/0001104659-26-099420.md) | Report of a foreign private issuer, period 2026-08-21 | 0001104659-26-099420 | | 2026-08-06 | 09:13 ET | [6-K](/filings/0001104659-26-091715.md) | Report of a foreign private issuer, period 2026-08-06 | 0001104659-26-091715 | | 2026-07-27 | 06:07 ET | [6-K](/filings/0001104659-26-086772.md) | Report of a foreign private issuer, period 2026-07-27 | 0001104659-26-086772 | | 2026-04-16 | 19:39 ET | [20-F](/filings/0001104659-26-043910.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001104659-26-043910 | | 2026-02-24 | 06:05 ET | [6-K](/filings/0001104659-26-018778.md) | Report of a foreign private issuer, period 2026-02-24 | 0001104659-26-018778 | | 2026-02-11 | 07:13 ET | [6-K](/filings/0001104659-26-013008.md) | Report of a foreign private issuer, period 2026-02-11 | 0001104659-26-013008 | | 2025-12-22 | 06:11 ET | [6-K](/filings/0001104659-25-123413.md) | Report of a foreign private issuer, period 2025-12-22 | 0001104659-25-123413 | | 2025-12-22 | 06:02 ET | [6-K](/filings/0001104659-25-123397.md) | Report of a foreign private issuer, period 2025-12-22 | 0001104659-25-123397 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-043910.md), filed Apr 16, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1296774 - Tickers: NCTY - Exchange: Nasdaq - SIC code: 6199 Finance Services - State of incorporation: E9 - Filer category: Non-accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:36 ET. No prices; not investment advice.