China's Xunlei Q2 revenue, profit rises

Xunlei

14/08/2025 11:12

Overview

Xunlei Q2 revenue rises 30.6% yr/yr to $104 mln

Net income surges to $727.4 mln, driven by investment gains

Subscription, live-streaming, and cloud computing businesses show robust growth

Outlook

 China's peer-to-peer file sharing software maker estimates Q3 2025 revenue between $116 mln and $124 mln

Result Drivers

LIVE-STREAMING GROWTH - Revenues from live-streaming and other services surged 85.5% yr/yr, driven by overseas audio live-streaming and advertising business growth post-Hupu acquisition

SUBSCRIPTION REVENUE - Subscription revenue rose 10.5% yr/yr, attributed to increased subscribers and higher average revenue per subscriber due to more premium subscribers

CLOUD COMPUTING DEMAND - Cloud computing revenues increased 13.6% yr/yr, driven by heightened demand from major customers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$104 mln
Q2 Adjusted Net Income
$8.30 mln
Q2 Net Income
$727.40 mln
Q2 Gross Profit
$51.20 mln


Press Release: ID:nGNX5GzrCL

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)