Xunlei Ltd revenue by segment XNET

Annual Quarterly

Xunlei Ltd splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Xunlei at $442.3 million, 96% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Subscription And Circulation at $154.8 million, 33% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
462
324
365
343
240
186
181
231
201
140
Operating segments
Xunlei
442
share 95.6%
—
—
—
—
—
—
—
—
—
Hupu
20
share 4.4%
—
—
—
—
—
—
—
—
—
Sales mix
Subscription And Circulation
155
+15.8%
share 33.5%
134
+12.0%
share 41.2%
119
+18.7%
share 32.7%
101
+10.3%
share 29.4%
91
+8.2%
share 38.1%
84
+3.4%
share 45.2%
82
share 45.1%
—
—
—
Live Streaming Service
150
share 32.4%
—
122
-0.2%
share 33.5%
122
+128.2%
share 35.7%
54
+156.9%
share 22.4%
21
-22.5%
share 11.2%
27
share 14.9%
—
—
—
Product And Service Other
137
share 29.7%
—
123
+3.2%
share 33.8%
120
+26.2%
share 34.9%
95
+41.7%
share 39.6%
67
+36.8%
share 35.9%
49
share 27.1%
—
—
—
Hupu
20
share 4.4%
—
—
—
—
—
—
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
XNET (Nasdaq)
Headquarters
Shenzhen
SEC filer status
Accelerated filer
SEC CIK
1510593

Other Services-Prepackaged Software companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.