Xunlei (XNET) Gross Margin (2013 - 2026)

Xunlei (XNET) reported Gross Margin of 58.81% for Q1 2026, down 329.0% on a YoY basis from 25.68% in Q1 2025, and up 2.86% sequentially from 57.18% in Q4 2025.

Xunlei (XNET) Gross Margin (2013 - 2026) Analysis & Trends

Xunlei (XNET) has 14 years of Gross Margin data on file, last reported at 58.81% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 329.0% year-over-year to 58.81%; the trailing twelve-month figure through Mar 2026 stood at 52.97% (down 57.0% YoY), and the FY2025 full-year result was 47.05%, down 481.0% from the prior year.
  • Gross Margin rose to 58.81% in Q1 2026, from 57.18% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 62.11% in Q1 2025 to a low of 38.92% in Q4 2022.
  • A 5-year average of 48.85% and a median of 49.47% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin slumped 971 bps in 2022 and surged 1353 bps in 2024, its largest moves.
  • Tracing XNET's Gross Margin over 5 years: stood at 38.92% in 2022, then soared by 34 bps to 52.14% in 2023, then retreated by 0 bps to 51.88% in 2024, then grew by 10 bps to 57.18% in 2025, then advanced by 3 bps to 58.81% in 2026.
  • Business Quant data shows XNET's Gross Margin at 58.81% in Q1 2026, 57.18% in Q4 2025, and 48.08% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,834.76 Bn 2,710.32 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,643.44 Bn 2,643.44 Bn 358.92 Mn 37.73%
3 Oracle 345.72 Bn 314.37 Bn - -
4 Repay Holdings 297.29 Bn 297.14 Bn - -
5 Palantir Technologies 295.33 Bn 287.41 Bn 1.42 Bn 86.78%
6 Pagaya Technologies 249.07 Bn 249.08 Bn 140.38 Mn 44.15%
7 Palo Alto Networks 228.92 Bn 224.38 Bn 1.91 Bn 73.59%
8 CrowdStrike Holdings 183.84 Bn 180.79 Bn 993.68 Mn 76.12%
9 Fortinet 111.23 Bn 107.94 Bn 1.49 Bn 80.29%
10 Xunlei 1.75 Bn -302.87 Bn 57.70 Mn 58.81%

Historic Data

Download Data
DateValue
Mar 31, 2026 58.81%
Dec 31, 2025 57.18%
Sep 30, 2025 48.08%
Jun 30, 2025 49.47%
Mar 31, 2025 62.11%
Dec 31, 2024 51.88%
Sep 30, 2024 50.68%
Jun 30, 2024 51.30%
Mar 31, 2024 53.56%
Dec 31, 2023 52.14%
Sep 30, 2023 44.72%
Jun 30, 2023 44.10%
Mar 31, 2023 40.03%
Dec 31, 2022 38.92%
Sep 30, 2022 39.99%
Jun 30, 2022 43.24%
Mar 31, 2022 44.27%
Dec 31, 2021 46.94%
Sep 30, 2021 49.09%
Jun 30, 2021 52.53%