Xunlei Limited Income Statement 2025-2011 | XNET

Brief overview of financial performance at Xunlei Limited

The figures are compared over a five-year interval. According to figures from Xunlei Limited, revenue changed from $186 million to $460 million over five years. The five-year change reached +147%, while CAGR stood at 19.8%. Top-line growth remained consistently strong over the period.

Gross profit changed from $93.7 million to $218 million (+132.1%). Cost of revenue developed less favorably than sales and pressured gross profitability. The gross margin was 50.3% at the start and 47.2% at the end. Weakening gross profitability reduces the quality of the top-line trend.

The operating result measured by EBITDA moved from −9.5 million dollars to 11.6 million dollars, or +221.9%. EBITDA expanded faster than the top line. Comparing the endpoints gives EBITDA margins of −5.1% and 2.5%. The increased EBITDA share is a positive sign.

Net income moved from −$13.8 million at the start to $1 billion at the end. The trajectory reversed from a loss to positive earnings.

The market value of the business moved from $2.2 billion to $1.7 billion, or −21.8%. Financial performance is stronger than the share-price trend.

Conclusion

The results contain several connected negative signals. The constructive conclusion rests on an improving EBITDA margin, net-income growth and a larger revenue base. The overall view is constrained by limited operating profitability, a lower gross margin and a weaker market valuation. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.