Xunlei (XNET) Gross Margin: 2012-2024
Historic Gross Margin for Xunlei (XNET) over the last 13 years, with Dec 2024 value amounting to 51.66%.
- Xunlei's Gross Margin fell 258.00% to 47.90% in Q3 2025 from the same period last year, while for Sep 2025 it was 49.44%, marking a year-over-year decrease of 228.00%. This contributed to the annual value of 51.66% for FY2024, which is 697.00% up from last year.
- Per Xunlei's latest filing, its Gross Margin stood at 51.66% for FY2024, which was up 15.59% from 44.69% recorded in FY2023.
- In the past 5 years, Xunlei's Gross Margin registered a high of 51.66% during FY2024, and its lowest value of 41.29% during FY2022.
- Its 3-year average for Gross Margin is 45.88%, with a median of 44.69% in 2023.
- Per our database at Business Quant, Xunlei's Gross Margin tumbled by 887bps in 2022 and then soared by 697bps in 2024.
- Over the past 5 years, Xunlei's Gross Margin (MRY) stood at 50.21% in 2020, then fell by 0bps to 50.16% in 2021, then fell by 18bps to 41.29% in 2022, then rose by 8bps to 44.69% in 2023, then grew by 16bps to 51.66% in 2024.
- Its Gross Margin was 51.66% in FY2024, compared to 44.69% in FY2023 and 41.29% in FY2022.