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Side-by-side financial comparison of The9 LTD (NCTY) and Unity Software Inc. (U). Click either name above to swap in a different company.

The9 Ltd. is a Shanghai-based online game operator which had the exclusive licence to operate and distribute World of Warcraft in China, a licence it secured after successfully aiding Webzen Games with the distribution of Mu Online in China. However, in April 2009, Blizzard said that the licence has been moved to NetEase.com.

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NCTY
NCTY
U
U
Q4 25
$503.1M
Q3 25
$470.6M
Q2 25
$440.9M
Q1 25
$435.0M
Q4 24
$457.1M
Q3 24
$446.5M
Q2 24
$449.3M
Q1 24
$460.4M
Net Profit
NCTY
NCTY
U
U
Q4 25
$-90.0M
Q3 25
$-126.4M
Q2 25
$-108.8M
Q1 25
$-77.6M
Q4 24
$-122.7M
Q3 24
$-124.7M
Q2 24
$-125.6M
Q1 24
$-291.1M
Gross Margin
NCTY
NCTY
U
U
Q4 25
74.3%
Q3 25
74.4%
Q2 25
74.1%
Q1 25
73.8%
Q4 24
74.7%
Q3 24
74.9%
Q2 24
75.8%
Q1 24
68.6%
Operating Margin
NCTY
NCTY
U
U
Q4 25
-21.2%
Q3 25
-26.7%
Q2 25
-26.9%
Q1 25
-29.4%
Q4 24
-27.1%
Q3 24
-28.5%
Q2 24
-28.8%
Q1 24
-81.4%
Net Margin
NCTY
NCTY
U
U
Q4 25
-17.9%
Q3 25
-26.9%
Q2 25
-24.7%
Q1 25
-17.8%
Q4 24
-26.8%
Q3 24
-27.9%
Q2 24
-28.0%
Q1 24
-63.2%
EPS (diluted)
NCTY
NCTY
U
U
Q4 25
$-0.21
Q3 25
$-0.30
Q2 25
$-0.26
Q1 25
$-0.19
Q4 24
$-0.30
Q3 24
$-0.31
Q2 24
$-0.32
Q1 24
$-0.75

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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