Xunlei (XNET) Cost of Revenue (2013 - 2026)
Xunlei (XNET) posted Cost of Revenue of $40.4 million for Q1 2026, down 1.9% sequentially from $41.2 million in Q4 2025, and up 67.33% YoY from $24.1 million in Q1 2025.
Analysis
Xunlei (XNET) Cost of Revenue (2013 - 2026) Analysis & Trends
Xunlei has reported Cost of Revenue for 14 years, with the latest figure at $40.4 million in Q1 2026.
- Quarterly Cost of Revenue rose 67.33% year-over-year to $40.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $199.3 million (up 39.79% YoY) and the FY2025 annual result came in at $242.9 million, up 56.13% from the prior year.
- Cost of Revenue eased to $40.4 million in Q1 2026 per XNET's latest filing, from $41.2 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $65.4 million in Q3 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 79.91% in 2022, then sank 37.68% in 2023.
- Over 5 years, Cost of Revenue stood at $59.0 million in 2022, then tumbled by 37.68% to $36.8 million in 2023, then advanced by 9.87% to $40.4 million in 2024, then rose by 1.92% to $41.2 million in 2025, then fell by 1.9% to $40.4 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $40.4 million, $41.2 million, and $65.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 974.00 Mn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 374.00 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 404.70 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 196.54 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 679.39 Mn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Xunlei | 379.18 Mn | 102.32 Mn | 57.31 Mn | 44.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.80 Mn |
| Mar 31, 2026 | 40.41 Mn |
| Dec 31, 2025 | 41.19 Mn |
| Sep 30, 2025 | 65.39 Mn |
| Jun 30, 2025 | 27.05 Mn |
| Mar 31, 2025 | 24.15 Mn |
| Dec 31, 2024 | 40.42 Mn |
| Sep 30, 2024 | 39.38 Mn |
| Jun 30, 2024 | 38.63 Mn |
| Mar 31, 2024 | 37.14 Mn |
| Dec 31, 2023 | 36.79 Mn |
| Sep 30, 2023 | 46.41 Mn |
| Jun 30, 2023 | 58.14 Mn |
| Mar 31, 2023 | 59.32 Mn |
| Dec 31, 2022 | 59.03 Mn |
| Sep 30, 2022 | 52.85 Mn |
| Jun 30, 2022 | 44.28 Mn |
| Mar 31, 2022 | 43.90 Mn |
| Dec 31, 2021 | 37.59 Mn |
| Sep 30, 2021 | 30.44 Mn |