Xunlei (XNET) Payables (2013 - 2026)
Xunlei's Payables was $19.84 million in the quarter ended Jun 30, 2026, down 40.7% from $33.48 million a year earlier but up 1.3% from the prior quarter.
Xunlei (XNET) Payables (2013 - 2026) Analysis & Trends
As of Dec 31, 2025, Payables at Xunlei came in at $18.84 million, down 18.0% from the prior year.
- Payables has now declined for three consecutive years, with a five-year compound annual growth rate of -14.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Payables was $22.96 million in the year ended Dec 31, 2024 (-42.5%), $39.97 million in the year ended Dec 31, 2023 (-20.4%), $50.18 million in the year ended Dec 31, 2022 (+90.0%) and $26.41 million in the year ended Dec 31, 2021 (-34.9%).
- Quarterly Payables has moved between $18.84 million (the quarter ended Dec 31, 2025) and $50.18 million (the quarter ended Dec 31, 2022) over five years.
- Compared with a year earlier, Payables has declined for three straight quarters, with an average decline of 16.1% over the last six quarters.
- The best year-over-year quarter for Payables over five years was the quarter ended Sep 30, 2021 (growth of 121.9%); the worst was the quarter ended Dec 31, 2024 (a decline of 42.5%).
- Per Business Quant data, XNET's Payables in the three quarters before the quarter ended Jun 30, 2026 was $19.59 million (quarter ended Mar 31, 2026), $18.84 million (quarter ended Dec 31, 2025) and $34 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 96.51 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 1.98 Bn |
| 10 | Xunlei | 382.63 Mn | -758.98 Mn | 57.31 Mn | 19.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.84 Mn |
| Mar 31, 2026 | 19.59 Mn |
| Dec 31, 2025 | 18.84 Mn |
| Sep 30, 2025 | 34.00 Mn |
| Jun 30, 2025 | 33.48 Mn |
| Mar 31, 2025 | 24.90 Mn |
| Dec 31, 2024 | 22.96 Mn |
| Jun 30, 2024 | 26.09 Mn |
| Mar 31, 2024 | 25.51 Mn |
| Dec 31, 2023 | 39.97 Mn |
| Sep 30, 2023 | 25.16 Mn |
| Jun 30, 2023 | 26.62 Mn |
| Mar 31, 2023 | 34.03 Mn |
| Dec 31, 2022 | 50.18 Mn |
| Sep 30, 2022 | 33.61 Mn |
| Jun 30, 2022 | 25.98 Mn |
| Mar 31, 2022 | 29.14 Mn |
| Dec 31, 2021 | 26.41 Mn |
| Sep 30, 2021 | 44.96 Mn |
| Jun 30, 2021 | 41.03 Mn |
Xunlei Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=XNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "XNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=XNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();