The9 LTD (NCTY) Gross margin 2016–2025
The9 LTD (NCTY) gross margin by fiscal year — reported gross profit divided by reported revenue.
1.7%FY2025 · since FY2016: 13.6% → 1.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 1.7% | +3.1 pp |
| FY2024 | -1.4% | +16.9 pp |
| FY2023 | -18.3% | +36.9 pp |
| FY2022 | -55.3% | -90.5 pp |
| FY2021 | 35.2% | +65.4 pp |
| FY2020 | -30.2% | +262.9 pp |
| FY2019 | -293.1% | -298.7 pp |
| FY2018 | 5.7% | -61.7 pp |
| FY2017 | 67.4% | +53.8 pp |
| FY2016 | 13.6% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice