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