Xunlei (XNET) Cost of Revenue (2013 - 2026)
Xunlei (XNET) reported Cost of Revenue of $40.4 million for Q1 2026, up 67.33% on a YoY basis from $24.1 million in Q1 2025, and down 1.9% sequentially from $41.2 million in Q4 2025.
Xunlei (XNET) Cost of Revenue (2013 - 2026) Analysis & Trends
Xunlei (XNET) has 14 years of Cost of Revenue data on file, last reported at $40.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 67.33% year-over-year to $40.4 million; the trailing twelve-month figure through Mar 2026 stood at $199.3 million (up 39.79% YoY), and the FY2025 full-year result was $242.9 million, up 56.13% from the prior year.
- Cost of Revenue eased to $40.4 million in Q1 2026, from $41.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $65.4 million in Q3 2025 to a low of $24.1 million in Q1 2025.
- A 5-year average of $45.9 million and a median of $43.9 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 79.91% in 2022 and tumbled 37.68% in 2023, its largest moves.
- Tracing XNET's Cost of Revenue over 5 years: stood at $59.0 million in 2022, then plunged by 37.68% to $36.8 million in 2023, then increased by 9.87% to $40.4 million in 2024, then climbed by 1.92% to $41.2 million in 2025, then slipped by 1.9% to $40.4 million in 2026.
- Business Quant data shows XNET's Cost of Revenue at $40.4 million in Q1 2026, $41.2 million in Q4 2025, and $65.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Xunlei | 1.74 Bn | -301.84 Bn | 57.70 Mn | 40.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.41 Mn |
| Mar 31, 2026 | 40.41 Mn |
| Dec 31, 2025 | 41.19 Mn |
| Dec 31, 2025 | 41.19 Mn |
| Sep 30, 2025 | 65.39 Mn |
| Sep 30, 2025 | 65.39 Mn |
| Jun 30, 2025 | 52.32 Mn |
| Jun 30, 2025 | 52.32 Mn |
| Mar 31, 2025 | 24.15 Mn |
| Mar 31, 2025 | 24.15 Mn |
| Dec 31, 2024 | 40.42 Mn |
| Dec 31, 2024 | 40.42 Mn |
| Sep 30, 2024 | 39.38 Mn |
| Sep 30, 2024 | 39.38 Mn |
| Jun 30, 2024 | 38.63 Mn |
| Jun 30, 2024 | 38.63 Mn |
| Mar 31, 2024 | 37.14 Mn |
| Mar 31, 2024 | 37.14 Mn |
| Dec 31, 2023 | 36.79 Mn |
| Dec 31, 2023 | 36.79 Mn |