Xunlei (XNET) Gross Margin (2013 - 2026)
Xunlei's (XNET) quarterly Gross Margin came in at 58.52% in Q1 2026, down 335.0% year-on-year from 24.9% in Q1 2025, and up 3.04% quarter-over-quarter from 56.79% in Q4 2025.
Xunlei (XNET) Gross Margin (2013 - 2026) Analysis & Trends
Xunlei has disclosed Gross Margin across 14 years of filings, most recently posting 58.52% for Q1 2026.
- Gross Margin for Q1 2026 came in at 58.52%, down 335.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.71% (down 63.0% YoY), and the FY2025 annual result was 47.05%, down 461.0% from the prior year.
- Gross Margin came in at 58.52% for Q1 2026 at Xunlei, up from 56.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.87% in Q1 2025 to a low of 38.8% in Q4 2022.
- The 5-year median for Gross Margin is 49.27% (2025), against an average of 48.66%.
- Across the five-year window, Gross Margin tumbled 961 bps in 2022 and soared 1341 bps in 2024, its largest moves.
- Xunlei's Gross Margin stood at 38.8% in 2022, then jumped by 34 bps to 51.94% in 2023, then decreased by 0 bps to 51.69% in 2024, then rose by 10 bps to 56.79% in 2025, then increased by 3 bps to 58.52% in 2026.
- The last three Gross Margin figures came in at 58.52% (Q1 2026), 56.79% (Q4 2025), and 47.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 71.21% |
| 10 | Xunlei | - | - | 57.70 Mn | 58.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.52% |
| Dec 31, 2025 | 56.79% |
| Sep 30, 2025 | 47.90% |
| Jun 30, 2025 | 49.27% |
| Mar 31, 2025 | 61.87% |
| Dec 31, 2024 | 51.69% |
| Sep 30, 2024 | 50.48% |
| Jun 30, 2024 | 51.13% |
| Mar 31, 2024 | 53.31% |
| Dec 31, 2023 | 51.94% |
| Sep 30, 2023 | 44.57% |
| Jun 30, 2023 | 43.97% |
| Mar 31, 2023 | 39.91% |
| Dec 31, 2022 | 38.80% |
| Sep 30, 2022 | 39.90% |
| Jun 30, 2022 | 43.10% |
| Mar 31, 2022 | 44.11% |
| Dec 31, 2021 | 46.74% |
| Sep 30, 2021 | 48.90% |
| Jun 30, 2021 | 52.50% |