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| Date | Value |
|---|---|
| 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% |