Xunlei XNET
NASDAQ XNET
$4.88 -0.02 (-0.41%)
As of: Sep 4, 2026 · 3:59 PM EDT

Xunlei (XNET) Operating Expenses (2013 - 2026)

Xunlei (XNET) posted Operating Expenses of -$53.4 million for Q1 2026, down 3.53% sequentially from -$51.6 million in Q4 2025, and down 31.71% YoY from -$78.2 million in Q1 2025.

Analysis

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

Xunlei has reported Operating Expenses for 14 years, with the latest figure at -$53.4 million in Q1 2026.

  • Quarterly Operating Expenses fell 31.71% year-over-year to -$53.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$212.9 million (down 15.08% YoY) and the FY2025 annual result came in at $210.9 million, up 15.08% from the prior year.
  • Operating Expenses eased to -$53.4 million in Q1 2026 per XNET's latest filing, from -$51.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$30.2 million in Q3 2022 and troughed at -$64.1 million in Q4 2024.
  • A 5-year average of -$43.1 million and a median of -$40.5 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 57.27% in 2024, then gained 19.53% in 2025.
  • Over 5 years, Operating Expenses stood at -$37.2 million in 2022, then decreased by 9.53% to -$40.8 million in 2023, then sank by 57.27% to -$64.1 million in 2024, then advanced by 19.53% to -$51.6 million in 2025, then decreased by 3.53% to -$53.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$53.4 million, -$51.6 million, and -$57.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 12.28 Bn
2 Oracle 452.14 Bn 420.24 Bn - 13.05 Bn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn 726.59 Mn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn 2.21 Bn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 1.13 Bn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn 953.90 Mn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn 705.21 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn 1.44 Bn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn 2.72 Bn
10 Xunlei 379.18 Mn 102.32 Mn 57.31 Mn -62.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -62.08 Mn
Mar 31, 2026 -53.40 Mn
Dec 31, 2025 -51.58 Mn
Sep 30, 2025 -57.82 Mn
Jun 30, 2025 -46.27 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