Quick Answer
The9 LTD reported R&D Expense of $856.0 thousand for fiscal year 2024.
The9 LTD R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $856.0K | -56.5% |
| 2023 | $1.97M | -19.0% |
| 2022 | $2.43M | +26.9% |
| 2021 | $1.92M | -21.3% |
| 2020 | $2.44M | -81.4% |
| 2019 | $13.09M | -46.7% |
| 2018 | $24.56M | -45.6% |
| 2017 | $45.11M | -42.2% |
| 2016 | $77.99M | -42.2% |
| 2015 | $135.04M | -13.6% |
| 2014 | $156.25M | -26.7% |
| 2013 | $213.24M | -29.3% |
| 2012 | $301.47M | +42.1% |
| 2011 | $212.12M | +52.1% |
| 2010 | $139.43M | +21.8% |
| 2009 | $114.44M | — |
- The9 LTD showed a decrease of -56.5% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2024 period, The9 LTD’s r&d expense has declined by 99.3% (from $114.44 million to $856.0 thousand).
- The most recent figure is from The9 LTD’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 28, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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