Xunlei Limited Earnings Recaps
Q3 2025
Nov 13, 2025
Xunlei Limited reported strong Q3 2025 results with total revenues of $126.4 million, a 57.7% year-over-year increase, bolstered by significant growth in subscription and live streaming services.
Key takeaways
- Subscription revenue reached $40.7 million, marking a 22.3% increase year-over-year, driven by a rise in premium subscribers.
- Live streaming services surged 127.1% year-over-year to $49.1 million, boosted by expanding international operations and strategic acquisitions.
- Cloud computing revenues increased 44.9% year-over-year to $36.6 million, reflecting strong demand from enterprise customers.
- A substantial gain of $545.8 million from the IPO of Arashi Vision Inc. significantly enhanced the company’s financial position and strategic flexibility.
Q2 2025
Aug 14, 2025
Xunlei reported strong Q2 2025 results with a 30.6% year-over-year revenue increase, driven by robust growth in subscription services and the recent acquisition of Hupu.
Key takeaways
- Total revenues reached $104 million, supported by all core business segments, especially live streaming with an 85.5% growth.
- Subscription revenue rose to $36.4 million, with a record 6.4 million subscribers and an increasing share of premium subscription users, now at 81%.
- The cloud computing segment also performed well, generating $30 million, marking a 13.6% year-over-year increase due to rising demand from major clients.
- A successful investment in Arashi Vision Inc. yielded approximately $720 million in realized pretax capital gains, enhancing financial flexibility for future growth.