Xunlei Limited(XNET)Earnings, Financials & Key Ratios
XNET•NASDAQ
$5.03
0.1× P/E·Price updated Jun 25, 2026
SectorCommunication ServicesIndustryAdvertising & MarketingSub-IndustryDigital ad platforms and programmatic
AboutXunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game website and mobile app; live video streaming and online advertising services; and cloud computing and other internet value-added services. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.Show more
- Revenue$462M+42.9%
- EBITDA$16M+284.7%
- Net Income$1.05B+86405.1%
- EPS (Diluted)83.05+87321.1%
- Gross Margin47.25%-8.9%
- EBITDA Margin3.51%+229.3%
- Operating Margin1.44%+129.6%
- Net Margin227.67%+60451.0%
- ROE124.36%+32721.5%
XNET Price & Volume
Xunlei Limited (XNET) stock price & volume — 10-year historical chart
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Non-Operating Gains Mask Core Operational Volatility
Investment Thesis • Updated 2025Q4
VerdictNegative
Growth:Accelerating
Profitability:Strained
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Non-operating earnings distortion
"Xunlei Limited exhibits a disconnect between aggressive top-line growth and sustainable core profitability, as evidenced by a 70.4% revenue increase in 2025Q4 failing to translate into meaningful operating margins. While the company maintains a robust liquidity position with a 1.92 current ratio, the reliance on non-operating gains to drive net income creates significant uncertainty regarding long-term value creation. Investors should remain cautious as the firm prioritizes inorganic growth through $55.1 million in net acquisitions over consistent shareholder returns."
Verdict Logic
the company's reliance on non-operating items to inflate net income, combined with a failure to achieve operating margins above 3.3% in 2025Q4, suggests that the current valuation of 0.15 P/S may not reflect underlying operational risks.
XNET Growth Metrics
Xunlei Limited (XNET) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.54%
5 Years19.89%
3 Years10.57%
TTM42.68%
Profit CAGR
10 Years-
5 Years-
3 Years265.86%
TTM86094.78%
EPS CAGR
10 Years-
5 Years-
3 Years537.87%
TTM13152.43%
Return on Capital
10 Years-5.87%
5 Years-0.52%
3 Years-1.43%
Last Year0.75%
XNET Recent Earnings
Xunlei Limited (XNET) EPS & revenue vs analyst estimates — last 4 quarters
Q4 2025Latest
Nov 13, 2025Metric
Actual
Est
EPS
$0.08
—
Rev
$126M
—
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$0.13
—
Rev
$104M
—
Q2 2025
May 15, 2025Metric
Actual
Est
EPS
$0.01
—
Rev
$88M
—
Q2 2025
Mar 13, 2025Metric
Actual
Est
EPS
$0.18
—
Rev
$84M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 13, 2025 | $0.08 | $126M |
| Q3 2025 | Aug 14, 2025 | $0.13 | $104M |
| Q2 2025 | May 15, 2025 | $0.01 | $88M |
| Q2 2025 | Mar 13, 2025 | $0.18 | $84M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Xunlei Limited (XNET)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.03 | $63.23M | 0.06 | 42.86% | 227.67% | 124.36% | — | |
| $5.40 | $867.57M | 7.95 | -1.85% | 7.2% | 6.68% | — | |
| $4.60 | $138.82M | -34.37 | -10.58% | -4.81% | -6.48% | — | |
| $2.19 | $501.3M | -31.02 | 6.96% | -2.51% | -2.41% | — | |
| $0.96 | $926.9M | -31.12 | -6.62% | -0.77% | -0.22% | — | |
| $16.14 | $6.77B | 42.37 | 13.1% | 0.75% | 1.56% | — |
Compare XNET vs Peers
Xunlei Limited (XNET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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XNET Frequently Asked Questions
Xunlei Limited (XNET) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Xunlei Limited's revenue?
Xunlei Limited (XNET) reported $461.0M in revenue for fiscal year 2025. This represents a 1604% increase from $27.1M in 2009.
How fast is Xunlei Limited growing?
Xunlei Limited (XNET) grew revenue by 42.9% over the past year. This is strong growth.
Is XNET profitable?
Yes, Xunlei Limited (XNET) is profitable, generating $1.05B in net income for fiscal year 2025 (227.7% net margin).
Dividend & Returns
What is XNET's return on equity?
Xunlei Limited (XNET) has a return on equity (ROE) of 124.4%. This is excellent, indicating efficient use of shareholder capital.
What is Xunlei Limited's free cash flow?
Xunlei Limited (XNET) generated $26.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.