XNET · NASDAQ · Software - Infrastructure

Xunlei (ADR) (XNET)

Operates subscription, overseas audio streaming, and sports-media services from its Shenzhen-origin platform.

$4.76
At close−0.06 (−1.35%)
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Xunlei LimitedXNETInformation Technology

Provides subscription services for acceleration and cloud-drive offerings, overseas audio live streaming, and the Hupu sports-media platform. The group reports Xunlei and Hupu operating segments, while China operations rely on VIE contractual arrangements.

Provides subscription services for acceleration and cloud-drive offerings, overseas audio live streaming, and Hupu, a sports-media and data platform. The reported Xunlei segment contains the legacy businesses, while Hupu is the acquired second segment. Domestic audio and video live streaming has ceased; audio live streaming continues in overseas markets.

Xunlei's China operations are controlled through contractual VIE arrangements, and competition and pricing pressure shape its cloud acceleration and cloud-computing activities. The platform began as download and transmission acceleration software, and subscription, live-streaming, and Hupu services now define the reported business mix.

Company facts

CEOJinbo Li
ListedJun 24, 2014
ExchangeNASDAQ
HeadquartersShenzhen, China
CountryChina
Employees1,216
CIK0001510593
ISINUS98419E1082

Market cap$59.8M
EPS (ttm)−$6.35
P/E (ttm)−0.7496
ROE-5.7%
P/B0.0616
P/S0.1275
Dividend yieldDiv yield
Beta2.05vs XLK 0.46

No analyst consensus on record.

Next report
Nov 12, 2026
in 70 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Mar '26May '26May '26Aug '26Nov '26
Reported−$0.01$0.13$0.08$0.08−$13.85$0.07−$0.03Pending
Estimate
Surprise

RevenueReportedEstimate

May '25Aug '25Nov '25Mar '26May '26May '26Aug '26Nov '26
Reported$88.5M$103.5M$125.9M$143.1M$98.1M$98.1M$102.3MPending
Estimate
Surprise
Estimate
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity5.90%
Current ratio202.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$79.8M$84.0M$88.5M$103.5M$125.9M$143.1M$98.1M$102.3M
Net income$4.6M−$9.8M−$800.0K$727.6M$550.3M−$229.8M−$174.6M−$218.8M
Net margin5.8%0.0%0.0%702.7%437.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$174.0K−$20.5M−$1.9M$1.1M$2.7M$4.7M$4.3M−$4.8M
YoY growth−146.8%+15.1%−529.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $276.9M · Total debt $57.8M · Total assets $1.18B · Shareholders' equity $983.8M

Revenue
$102.3M
Operating income
−$4.8M
Net income
−$218.8M
View details

No dividends on record.

Institutions51 holders · as of Mar 31, 202660.36%7.59M ADS
Insiders5 holders · as of Mar 17, 202695.75%12.04M ADS
Adds to156.11%

12.57M ADS (1 ADS = 25 ordinary shares) as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

These groups come from separate filings that can overlap, so they add to 156.11%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Jinbo LiInsiderdirector, officer: Chief Executive Officer
92.68%101.82M ordinary · 7.58M ADSForm 4filed Mar 17, 2026
Morgan StanleyInstitution
13.69%1.72M ADS13Fas of Mar 31, 2026
Goldman Sachs Group IncInstitution
10.21%1.28M ADS13Fas of Mar 31, 2026
State Street CorpInstitution
8.58%1.08M ADS13Fas of Mar 31, 2026
BlackRock, Inc.Institution
5.88%739,612 ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Compare

CompanyPriceChange
Xunlei (ADR)$4.76−1.35%$59.8M0.1−1.2%
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Median25.517.71.7+7.9%