Xunlei (XNET) Operating Margin (2013 - 2025)
Xunlei recorded quarterly Operating Margin of 3.26% in Q4 2025, up 51.3% quarter-over-quarter from 2.16% in Q3 2025, and up 2762.0% year-over-year from 0.11% in Q4 2024.
Xunlei's Operating Margin history runs 13 years deep, the most recent figure standing at 3.26% for Q4 2025.
- In Q4 2025, Operating Margin rose 2762.0% year-over-year to 3.26%; the TTM figure through Dec 2025 stood at 1.43% (up 627.0% YoY), while the FY2025 annual figure was 1.43%, up 627.0% from the prior year.
- Operating Margin came in at 3.26% for Q4 2025 at Xunlei, up from 2.16% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.93% in Q1 2021 to a low of 24.35% in Q4 2024.
- A 5-year average of 0.52% and a median of 0.78% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 2888 bps in 2021 and tumbled 2346 bps in 2024, its largest moves.
- Xunlei's Operating Margin stood at 2.42% in 2021, then surged by 117 bps to 0.42% in 2022, then tumbled by 314 bps to 0.89% in 2023, then tumbled by 2634 bps to 24.35% in 2024, then surged by 113 bps to 3.26% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 3.26%, 2.16%, and 1.07% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 46.33% |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 31.79% |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 46.18% |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 15.30% |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 1.06% |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 31.36% |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -9.69% |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 8.43% |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -6.93% |
| 10 | Xunlei | - | - | 61.67 Mn | 3.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.26% |
| Sep 30, 2025 | 2.16% |
| Jun 30, 2025 | 1.07% |
| Mar 31, 2025 | -2.13% |
| Dec 31, 2024 | -24.35% |
| Sep 30, 2024 | -0.22% |
| Jun 30, 2024 | 1.21% |
| Mar 31, 2024 | 5.02% |
| Dec 31, 2023 | -0.89% |
| Sep 30, 2023 | -2.99% |
| Jun 30, 2023 | 0.82% |
| Mar 31, 2023 | 0.74% |
| Dec 31, 2022 | 0.42% |
| Sep 30, 2022 | 5.73% |
| Jun 30, 2022 | 0.94% |
| Mar 31, 2022 | 4.89% |
| Dec 31, 2021 | -2.42% |
| Sep 30, 2021 | -9.51% |
| Jun 30, 2021 | -2.03% |
| Mar 31, 2021 | 7.93% |
| Dec 31, 2020 | 8.12% |
| Sep 30, 2020 | -2.36% |
| Jun 30, 2020 | -30.91% |
| Mar 31, 2020 | -16.84% |
| Dec 31, 2019 | -36.58% |
| Sep 30, 2019 | -30.13% |
| Jun 30, 2019 | -24.72% |
| Mar 31, 2019 | -33.21% |
| Dec 31, 2018 | -70.49% |
| Sep 30, 2018 | -40.19% |
| Jun 30, 2018 | -5.68% |
| Mar 31, 2018 | 9.42% |
| Dec 31, 2017 | 4.78% |
| Sep 30, 2017 | -71.01% |
| Jun 30, 2017 | -33.77% |
| Mar 31, 2017 | -36.82% |
| Dec 31, 2016 | -32.82% |
| Sep 30, 2016 | -26.00% |
| Jun 30, 2016 | -12.56% |
| Mar 31, 2016 | -20.67% |
| Dec 31, 2015 | -16.80% |
| Sep 30, 2015 | -5.83% |
| Jun 30, 2015 | -10.23% |
| Mar 31, 2015 | -4.75% |
| Dec 31, 2014 | 3.37% |
| Sep 30, 2014 | 5.66% |
| Jun 30, 2014 | 4.55% |
| Mar 31, 2014 | 11.58% |
| Dec 31, 2013 | -22.91% |
| Sep 30, 2013 | 6.81% |
| Jun 30, 2013 | 13.53% |