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

Xunlei (XNET) Research & Development (2013 - 2026)

Xunlei (XNET) posted Research & Development of -$20.2 million for Q1 2026, down 3.68% sequentially from -$19.4 million in Q4 2025, and down 25.66% YoY from -$27.1 million in Q1 2025.

Analysis

Xunlei (XNET) Research & Development (2013 - 2026) Analysis & Trends

Xunlei has reported Research & Development for 14 years, with the latest figure at -$20.2 million in Q1 2026.

  • Quarterly Research & Development fell 25.66% year-over-year to -$20.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$79.0 million (down 12.94% YoY) and the FY2025 annual result came in at $86.3 million, up 20.52% from the prior year.
  • Research & Development slipped to -$20.2 million in Q1 2026 per XNET's latest filing, from -$19.4 million in the prior quarter.
  • Over five years, Research & Development peaked at -$16.0 million in Q2 2022 and troughed at -$21.0 million in Q3 2025.
  • A 5-year average of -$18.1 million and a median of -$18.0 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2025 and 2026: Research & Development rose 9.06% in 2025, then fell 25.66% in 2026.
  • Over 5 years, Research & Development stood at -$19.2 million in 2022, then retreated by 1.37% to -$19.5 million in 2023, then rose by 4.01% to -$18.7 million in 2024, then fell by 3.89% to -$19.4 million in 2025, then dropped by 3.68% to -$20.2 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$20.2 million, -$19.4 million, and -$21.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 10.00 Bn
2 Oracle 452.14 Bn 420.24 Bn - 2.61 Bn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn 339.50 Mn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn 1.16 Bn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 509.97 Mn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn 669.10 Mn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn 276.12 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn 719.74 Mn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn 664.96 Mn
10 Xunlei 379.18 Mn 102.32 Mn 57.31 Mn -21.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -21.40 Mn
Mar 31, 2026 -20.16 Mn
Dec 31, 2025 -19.44 Mn
Sep 30, 2025 -21.00 Mn
Jun 30, 2025 -16.59 Mn
Mar 31, 2025 -16.04 Mn
Dec 31, 2024 -18.72 Mn
Sep 30, 2024 -17.74 Mn
Jun 30, 2024 -17.47 Mn
Mar 31, 2024 -17.64 Mn
Dec 31, 2023 -19.50 Mn
Sep 30, 2023 -19.48 Mn
Jun 30, 2023 -17.18 Mn
Mar 31, 2023 -18.05 Mn
Dec 31, 2022 -19.23 Mn
Sep 30, 2022 -16.16 Mn
Jun 30, 2022 -15.98 Mn
Mar 31, 2022 -16.31 Mn
Dec 31, 2021 -16.56 Mn
Sep 30, 2021 -16.83 Mn