Xunlei Ltd ( (XNET) ) has released its Q3 earnings. Here is a breakdown of the information Xunlei Ltd presented to its investors.
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Xunlei Limited, a leading technology company in China, specializes in distributed cloud services, offering products across cloud acceleration, shared cloud computing, and digital entertainment to enhance internet experiences. In its latest earnings report, Xunlei announced a significant year-over-year revenue increase of 57.7% for the third quarter of 2025, reaching $126.4 million. This growth was driven by substantial gains in live-streaming services, cloud computing, and subscription revenues. The company also reported a remarkable net income of $550.1 million, largely influenced by unrealized gains from its investment in Arashi Vision Inc.
Key financial metrics highlighted include a 22.3% increase in subscription revenues, a 127.1% rise in live-streaming and other services, and a 44.9% boost in cloud computing revenues. Gross profit increased by 49.6% to $60.5 million, although the gross profit margin slightly decreased to 47.9%. The company’s operating income improved to $2.7 million from a previous loss, while non-GAAP net income rose to $5.3 million.
Xunlei’s strategic focus remains on maintaining operational discipline and investing in key areas to drive long-term growth. The company’s management anticipates continued revenue growth, projecting fourth-quarter revenues between $131 million and $139 million, reflecting a quarter-over-quarter increase. This outlook underscores Xunlei’s commitment to delivering value to shareholders while exploring new business opportunities.