Xunlei Ltd income statement
In fiscal 2025, Xunlei Ltd reported revenue of $460m, up 42.5% on the year before, operating income of $6.6m (a 1.4% margin) and net income of $1.05bn, or $16.56 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 148 | 180 | 183 | 105 | 140 | 201 | 231 | 181 | 186 | 239 | 341 | 364 | 323 | 460 |
| Cost of revenue | 84 | 50 | 56 | 59 | 80 | 118 | 116 | 100 | 93 | 119 | 200 | 201 | 156 | 243 |
| Gross profit | 57 | 68 | 78 | 45 | 60 | 83 | 115 | 81 | 94 | 120 | 141 | 163 | 168 | 218 |
| Research and development | 20 | 22 | 29 | 36 | 61 | 67 | 77 | 69 | 55 | 62 | 68 | 74 | 72 | 80 |
| Selling and marketing | 20 | 10 | 14 | 12 | 15 | 20 | 35 | 32 | 18 | 25 | 25 | 44 | 45 | 86 |
| General and administrative | 18 | 19 | 27 | 29 | 26 | 37 | 41 | 39 | 34 | 37 | 40 | 47 | 46 | 45 |
| Operating income | 2 | 18 | 8 | −32 | −42 | −54 | −44 | −56 | −19 | −4 | 10 | −2 | −16 | 7 |
| Interest expense | 1 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 |
| Income before tax | 3 | 24 | 29 | −22 | −33 | −46 | −41 | −49 | −13 | 1 | 25 | 18 | −2 | 1,046 |
| Income tax | 2 | 1 | 0 | −4 | −2 | −2 | −0 | 5 | 1 | −0 | 4 | 4 | −3 | −1 |
| Net income | 1 | 11 | 11 | −13 | −24 | −38 | −39 | −53 | −14 | 1 | 21 | 14 | 1 | 1,048 |
| Diluted EPS | — | — | — | −$0.20 | −$0.35 | −$0.55 | −$0.60 | −$0.79 | −$0.20 | $0.02 | $0.32 | $0.22 | $0.02 | $16.56 |
| Diluted shares (average) | 12m | 15m | 39m | 67m | 67m | 66m | 67m | 68m | 67m | 67m | 67m | 65m | 64m | 63m |
| EBITDA | 6 | 23 | 15 | −26 | −35 | −46 | −39 | −51 | −10 | 2 | 13 | 3 | −11 | 12 |
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