Xunlei (XNET) Cost of Revenue (2013 - 2025)

Xunlei's Cost of Revenue history runs 13 years deep, the most recent figure standing at $80.8 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 99.99% year-over-year to $80.8 million; the TTM figure through Dec 2025 stood at $183.4 million (up 151.91% YoY), while the FY2025 annual figure was $73.9 million, up 64.78% from the prior year.
• Cost of Revenue came in at $80.8 million for Q4 2025 at Xunlei, up from $65.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $80.8 million in Q4 2025 to a low of $4.5 million in Q1 2021.
• A 5-year average of $22.9 million and a median of $11.2 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slumped 81.72% in 2021 and jumped 470.92% in 2025, its largest moves.
• Xunlei's Cost of Revenue stood at $37.6 million in 2021, then jumped by 57.05% to $59.0 million in 2022, then slumped by 37.68% to $36.8 million in 2023, then gained by 9.87% to $40.4 million in 2024, then jumped by 99.99% to $80.8 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $80.8 million, $65.4 million, and $21.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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