# Xunlei Limited share price today (Xunlei Limited, XNET)

> Xunlei Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. XNET · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/xnet

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## Key numbers

- Price: $3.42 (−61.6% in a year)
- P/E: 0.4×, too little history to compare yet
- Revenue (Jun 2026): $102 M
- Profit (Jun 2026), incl. one-off: −$219 M (one-off item, see below)
- Operating margin: −4.7%
- ROE: 76%, FY25
- ROIC: 1.0%, against a 8.5% cost of capital: −7.5 points
- Profit that came in as cash: 8%, last 3 years

The main question: yearly earnings per share moved +87,071.0% while the share price moved −61.6%. ## What is the Xunlei Limited share price today? Xunlei Limited's share price was $3.42 at the close on 3 November 2026. That is 37.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $8, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running. Over the last 1 year the share price moved −25% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Xunlei Limited pay? Xunlei Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Xunlei Limited on? Xunlei Limited is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Xunlei Limited profitable? Xunlei Limited posted a net loss of $219 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. Full-year FY25 profit was $1.0 B. Over 4 years profit has grown 454.5% a year on average. That loss is 214.0% of the quarter's revenue. The same quarter a year earlier earned $2.5 M. 3 of the last 8 reported quarters were loss-making. Read this profit with care: at −$219 M it is bigger than the quarter's whole revenue of $102 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −4.7% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Xunlei Limited make, and is it growing? Xunlei Limited reported $102 M of revenue in the Jun 2026 quarter. Over 4 years it has grown 17.8% a year on average. The last full year, FY25, came in at $460 M. The quarterly figures for FY25 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $460 M, +42.5% on the year before. ## How much of every $100 of sales does Xunlei Limited keep? Xunlei Limited's operating margin was −4.7% in the Jun 2026 quarter. Across 5 years it has been between −1.4% and 2.9%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −5.9 percentage points on the year while gross margin changed +4.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Xunlei Limited's profit turning into cash? Over the last 3 years, 8% of Xunlei Limited's reported profit came in as cash from its operations, a gap worth watching. In FY25 it brought in $32.5 M of operating cash against $1.0 B of profit. After $5.3 M of spending on assets, $27.1 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Xunlei Limited's cash go? Xunlei Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $17.4 M on assets over the last 3 years. Averaged over those years that is 1.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $17.4 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Xunlei Limited's P/E ratio, and how does it compare with its own history? Xunlei Limited's P/E is 0.4×, with too little history to compare. Its usual P/E (the middle reading) is 302.0×, over 1 month of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +87,071.0% while the price moved −61.6%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Xunlei Limited business getting better or worse? Xunlei Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Xunlei Limited earn on its capital? Xunlei Limited earned a ROE of 76% in FY25. That is up from a low of 0% in FY24. Its return on capital used (ROIC) is 7.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 227.5% net margin and 0.28× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 227.5% net margin × 0.28× asset turnover × 1.19× leverage (assets divided by equity) ≈ 75.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 1.0% − 8.5% = −7.5 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Xunlei Limited have too much debt? Xunlei Limited has total debt of $57.8 M against shareholder equity of $982 M as of Jun 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 0.07 in FY21 to 0.06 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Xunlei Limited shareholding pattern? We have no ownership or short-position figures for Xunlei Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 5.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Xunlei Limited from balance-sheet trouble? For Xunlei Limited, the Z-score is 2.47. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.47 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Xunlei Limited rank in its industry? There is no score against its industry: Xunlei Limited is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Xunlei Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Xunlei Limited in size? Xunlei Limited is the 109th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: International Money Express, Inc., Kodiak AI, Inc. and Gorilla Technology Group Inc. Just below it: Bakkt, Inc., SuperX AI Technology and Obook Holdings Inc. ### Software - Infrastructure companies close in size

1. [International Money Express, Inc.](https://www.sectoralpha.in/us/stocks/imxi) $255 million
2. [Kodiak AI, Inc.](https://www.sectoralpha.in/us/stocks/kdk) $233 million
3. [Gorilla Technology Group Inc.](https://www.sectoralpha.in/us/stocks/grrr) $219 million
4. Xunlei Limited $218 million
5. [Bakkt, Inc.](https://www.sectoralpha.in/us/stocks/bkkt) $210 million
6. [SuperX AI Technology Limited](https://www.sectoralpha.in/us/stocks/supx) $208 million
7. [Obook Holdings Inc.](https://www.sectoralpha.in/us/stocks/owls) $201 million

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Imperial Petroleum Inc.](https://www.sectoralpha.in/us/stocks/impp) $226 million · Oil & Gas Midstream
2. [Nu Skin Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/nus) $226 million · Household & Personal Products
3. Xunlei Limited $226 million
4. [First Internet Bancorp](https://www.sectoralpha.in/us/stocks/inbk) $225 million · Banks - Regional
5. [Serve Robotics Inc.](https://www.sectoralpha.in/us/stocks/serv) $225 million · Specialty Industrial Machinery

## What else do people ask about Xunlei Limited? ### What were Xunlei Limited Limited's latest quarterly results? Xunlei Limited reported revenue of $102 M and a net loss of $219 M for the Jun 2026 quarter. Earnings per share were −$3.43. The operating margin was −4.7% (as of 3 November 2026). ### What is Xunlei Limited Limited's market cap? Xunlei Limited's market capitalisation is $218 M at a stock price of $3.42. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Xunlei Limited Limited performing? Xunlei Limited's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Xunlei Limited Limited's stock price go up? This page does not forecast Xunlei Limited's stock price. What it shows instead: the stock price is $3.42. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Xunlei Limited Limited in its business cycle? Xunlei Limited's FY25 operating margin was 2.0%, against a 5-year range of −1.4% to 2.9%: the middle of its own range, neither a peak nor a low. The latest quarter was −4.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Xunlei Limited Limited story? The main question: yearly earnings per share moved +87,071.0% while the share price moved −61.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Xunlei Limited Limited a stock worth studying right now? What the numbers show: Xunlei Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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