Xunlei Reports Q1 2025 Financial Results with Revenue Growth Amid Challenges

Xunlei ( (XNET) ) just unveiled an update.

Xunlei Limited announced its unaudited financial results for the first quarter ended March 31, 2025, showing a 10.5% year-over-year increase in total revenues to $88.8 million. The company saw growth in subscription and live-streaming revenues, with the latter increasing by 66% year-over-year. However, cloud computing revenues decreased by 18% due to competition and regulatory challenges. Despite achieving revenue growth, Xunlei reported a net loss of $0.9 million, attributed to increased sales and marketing expenses and a lower gross profit margin. The company remains focused on diversifying revenue streams and exploring AI-driven applications to sustain long-term growth.

Spark’s Take on XNET Stock

According to Spark, TipRanks’ AI Analyst, XNET is a Neutral.

Xunlei faces challenges with declining revenue and cash flow inefficiencies, as well as an overvalued P/E ratio. Positive technical indicators and strategic growth initiatives offer some support, but financial performance and valuation concerns weigh heavily on the overall stock score.

To see Spark’s full report on XNET stock, click here.

More about Xunlei

Xunlei Limited is a leading technology company in China that provides distributed cloud services. The company focuses on subscription services, live-streaming, and cloud computing, with a significant market presence in both domestic and international markets.

Average Trading Volume: 1,452,907

Technical Sentiment Signal: Buy

Current Market Cap: $288.3M

See more insights into XNET stock on TipRanks’ Stock Analysis page.