Xunlei LtdXNET

NasdaqTechnologyServices-Prepackaged Software
Price (close)
$5.01
Market cap
$319.3M
P/E
0.3x
Revenue (FY)
$460.4M
Net income
$1.0B
Dividend yield
—
1-year total return
-40.6%
Net margin
227.7%
Revenue growth
42.5%
Debt / equity
0.06x

What Xunlei Ltd does.

We are a leading technology company providing distributed cloud services in China. We operate a powerful internet platform in China based on cloud technology to enable our users to quickly access, store, manage and consume digital media content on the internet. We have expanded our products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge our user base and offer our users a wider range of access points. We provide a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to our users.

We provide users with quick and easy access to online digital media content through (i) our core product, Xunlei Accelerator, a free product which enables users to accelerate digital transmission over the internet, and (ii) subscription services, which are delivered through our product, Green Channel, and offer users premium services for speed, reliability and storage.

Xunlei Accelerator is our most popular product, and had approximately 50.5 million monthly unique visitors in December 2025, according to our internal records. In addition to Xunlei Accelerator, we also provide live - streaming services and other internet value-added services, which primarily include online advertising and online game services.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$186.4M$238.8M$341.5M$363.7M$323.1M$460.4M
Net income-$13.8M$1.2M$21.5M$14.2M$1.2M$1.0B
Free cash flow-$27.5M$6.3M$36.1M$21.7M$22.9M$27.1M

More on XNET.

Figures from Xunlei Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.