The9 Crushes Q1 Earnings with Record Profit and Crypto Holdings Soar

The9 Limited, a global diversified high-tech company listed on Nasdaq, reported its strongest quarterly profit since listing in 2004. The net income for Q1 2026 was US$23 million, driven largely by digital asset-related income.

The digital assets include the receipt of 1.425 billion 9BIT tokens under a cooperation agreement and total cryptocurrency holdings valued at about US$110 million as of July 27, 2026.

The9bit, its AI-powered game creation platform launched in August 2025, has surpassed 8 million registered users and more than 110,000 user-created games. The company is advancing the platform into an AI-native operating system for interactive entertainment.

To align leadership incentives with profitability, the board approved a long-term plan granting senior management potential equity awards equal to up to 12% of outstanding shares, contingent on posting higher quarterly net income in each remaining quarter of 2026 than in the first.