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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Xunlei | 413.19 Mn | -304.21 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 |