Xunlei (XNET) Operating Expenses (2013 - 2026)

Xunlei's (XNET) quarterly Operating Expenses came in at -$53.4 million in Q1 2026, down 31.71% year-on-year from -$78.2 million in Q1 2025, and down 3.53% quarter-over-quarter from -$51.6 million in Q4 2025.

Xunlei (XNET) Operating Expenses (2013 - 2026) Analysis & Trends

Xunlei has disclosed Operating Expenses across 14 years of filings, most recently posting -$53.4 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$53.4 million, down 31.71% year-over-year; the trailing twelve-month figure through Mar 2026 was -$212.9 million (down 15.08% YoY), and the FY2025 annual result was $210.9 million, up 15.08% from the prior year.
  • Operating Expenses came in at -$53.4 million for Q1 2026 at Xunlei, down from -$51.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$30.2 million in Q3 2022 to a low of -$64.1 million in Q4 2024.
  • The 5-year median for Operating Expenses is -$40.5 million (2025), against an average of -$43.1 million.
  • Across the five-year window, Operating Expenses tumbled 57.27% in 2024 and increased 19.53% in 2025, its largest moves.
  • Xunlei's Operating Expenses stood at -$37.2 million in 2022, then fell by 9.53% to -$40.8 million in 2023, then sank by 57.27% to -$64.1 million in 2024, then rose by 19.53% to -$51.6 million in 2025, then fell by 3.53% to -$53.4 million in 2026.
  • The last three Operating Expenses figures came in at -$53.4 million (Q1 2026), -$51.6 million (Q4 2025), and -$57.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 6.42 Mn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 979.89 Mn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 905.10 Mn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 517.59 Mn
10 Xunlei - - 57.70 Mn -53.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -53.40 Mn
Dec 31, 2025 -51.58 Mn
Sep 30, 2025 -57.82 Mn
Jun 30, 2025 -50.11 Mn
Mar 31, 2025 -40.54 Mn
Dec 31, 2024 -64.10 Mn
Sep 30, 2024 -40.63 Mn
Jun 30, 2024 -39.73 Mn
Mar 31, 2024 -38.81 Mn
Dec 31, 2023 -40.76 Mn
Sep 30, 2023 -40.06 Mn
Jun 30, 2023 -45.01 Mn
Mar 31, 2023 -38.87 Mn
Dec 31, 2022 -37.21 Mn
Sep 30, 2022 -30.16 Mn
Jun 30, 2022 -33.00 Mn
Mar 31, 2022 -31.00 Mn
Dec 31, 2021 -34.98 Mn
Sep 30, 2021 -35.05 Mn
Jun 30, 2021 -30.08 Mn