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

Xunlei has disclosed Research & Development across 14 years of filings, most recently posting -$20.2 million for Q1 2026.

• Research & Development for Q1 2026 came in at -$20.2 million, down 25.66% year-over-year; the trailing twelve-month figure through Mar 2026 was -$79.0 million (down 12.94% YoY), and the FY2025 annual result was $80.0 million, up 11.83% from the prior year.
• Research & Development came in at -$20.2 million for Q1 2026 at Xunlei, down from -$19.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of -$16.0 million in Q2 2022 to a low of -$21.0 million in Q3 2025.
• The 5-year median for Research & Development is -$18.0 million (2023), against an average of -$18.1 million.
• Across the five-year window, Research & Development grew 9.06% in 2025 and dropped 25.66% in 2026, its largest moves.
• Xunlei's Research & Development stood at -$19.2 million in 2022, then declined by 1.37% to -$19.5 million in 2023, then grew by 4.01% to -$18.7 million in 2024, then dropped by 3.89% to -$19.4 million in 2025, then decreased by 3.68% to -$20.2 million in 2026.
• The last three Research & Development figures came in at -$20.2 million (Q1 2026), -$19.4 million (Q4 2025), and -$21.0 million (Q3 2025), per Business Quant data.