# Xunlei Ltd: overview XNET · Nasdaq · CIK 1510593 · [Technology](/sectors/technology.md) Pages: [Overview](/companies/xnet.md) · [Financials](/companies/xnet/financials.md) · [Filings](/companies/xnet/filings.md) · [Insiders](/companies/xnet/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [239](/filings/0001104659-24-050566.md) | [341](/filings/0001410578-25-000871.md) | [364](/filings/0001104659-26-050304.md) | [323](/filings/0001104659-26-050304.md) | [460](/filings/0001104659-26-050304.md) | | Gross margin | % | [50.3%](/filings/0001104659-24-050566.md) | [41.4%](/filings/0001410578-25-000871.md) | [44.8%](/filings/0001104659-26-050304.md) | [51.9%](/filings/0001104659-26-050304.md) | [47.2%](/filings/0001104659-26-050304.md) | | Operating margin | % | [(1.8%)](/filings/0001104659-24-050566.md) | [2.9%](/filings/0001410578-25-000871.md) | [(0.4%)](/filings/0001104659-26-050304.md) | [(4.9%)](/filings/0001104659-26-050304.md) | [1.4%](/filings/0001104659-26-050304.md) | | Net margin | % | [0.5%](/filings/0001104659-24-050566.md) | [6.3%](/filings/0001410578-25-000871.md) | [3.9%](/filings/0001104659-26-050304.md) | [0.4%](/filings/0001104659-26-050304.md) | [227.7%](/filings/0001104659-26-050304.md) | | Diluted EPS | $ per share | [0.00](/filings/0001104659-24-050566.md) | [0.06](/filings/0001410578-25-000871.md) | [0.04](/filings/0001104659-26-050304.md) | [0.00](/filings/0001104659-26-050304.md) | [3.31](/filings/0001104659-26-050304.md) | | Free cash flow | $m | [6.3](/filings/0001104659-24-050566.md) | [36.1](/filings/0001410578-25-000871.md) | [21.7](/filings/0001104659-26-050304.md) | [23.0](/filings/0001104659-26-050304.md) | [27.1](/filings/0001104659-26-050304.md) | - Revenue. XBRL Revenue: us-gaap:Revenues. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/xnet/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $9.9m | 1,761,163 | | Added +40,773 | | [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $9.6m | 1,721,692 | | Added +438,475 | | [Connor, Clark & Lunn Investment Management Ltd.](/funds/1596800.md) | 2026-06-30 | $4.5m | 808,639 | | Added +83,684 | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $2.4m | 435,276 | | Reduced −50,174 | | [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $2.0m | 366,279 | | Added +318,152 | | [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $1.9m | 343,017 | | Reduced −56,131 | | [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $971.2k | 173,582 | | Added +15,113 | | [Schonfeld Strategic Advisors LLC](/funds/1665241.md) | 2026-06-30 | $897.0k | 160,326 | | Added +106,775 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $839.4k | 149,900 | Put | Added +91,400 | | [Diametric Capital, LP](/funds/1719087.md) | 2026-06-30 | $838.2k | 149,811 | | New +149,811 | ## Recent filings [All 205 filings](/companies/xnet/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-13 | 08:03 ET | [6-K](/filings/0001104659-26-095490.md) | Report of a foreign private issuer, period 2026-08-13 | 0001104659-26-095490 | | 2026-06-26 | 08:07 ET | [6-K](/filings/0001104659-26-078005.md) | Report of a foreign private issuer, period 2026-06-26 | 0001104659-26-078005 | | 2026-05-28 | 07:01 ET | [6-K](/filings/0001104659-26-067217.md) | Report of a foreign private issuer, period 2026-05-28 | 0001104659-26-067217 | | 2026-04-28 | 16:02 ET | [20-F](/filings/0001104659-26-050304.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001104659-26-050304 | | 2026-03-16 | 08:30 ET | [6-K](/filings/0001104659-26-028066.md) | Report of a foreign private issuer, period 2026-03-16 | 0001104659-26-028066 | | 2026-03-12 | 06:59 ET | [6-K](/filings/0001104659-26-026698.md) | Report of a foreign private issuer, period 2026-03-12 | 0001104659-26-026698 | | 2026-03-03 | 08:18 ET | [6-K](/filings/0001104659-26-022569.md) | Report of a foreign private issuer, period 2026-03-03 | 0001104659-26-022569 | | 2026-02-04 | 06:12 ET | [SCHEDULE 13D/A](/filings/0001104659-26-009981.md) | Ownership report, active investor, amended | 0001104659-26-009981 | | 2025-11-14 | 15:42 ET | [SCHEDULE 13D/A](/filings/0001493152-25-023366.md) | Ownership report, active investor, amended | 0001493152-25-023366 | | 2025-11-13 | 07:35 ET | [6-K](/filings/0001104659-25-110853.md) | Report of a foreign private issuer, period 2025-11-13 | 0001104659-25-110853 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-050304.md), filed Apr 28, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1510593 - Tickers: XNET - Exchange: Nasdaq - SIC code: 7372 Services-Prepackaged Software - State of incorporation: not reported - Filer category: Accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:41 ET. No prices; not investment advice.