Xunlei

XNET

Market cap $317M

Xunlei Limited had been essentially stuck for months, but there is reason to think the stock is heading for a change in direction. The stock has yet to recover prior losses, but it appears to have stabilized with no new closing lows, and it seems support has something to do with it. The recently released Q1 FY2026 report was good enough to support a move higher, although a move lower cannot be ruled out.

Xunlei Limited (XNET) Q1 2026 Earnings Call Transcript

Xunlei NASDAQ: XNET reported a sharp increase in first-quarter 2026 revenue as growth in subscription services and overseas audio live streaming offset the effects of a recent restructuring that removed its cloud computing business from consolidated results.

SHENZHEN, China, May 28, 2026 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2026.

SHENZHEN, China, May 19, 2026 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2026 on May 28, 2026 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com.

SHENZHEN, China, April 29, 2026 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the “SEC”) on April 28, 2026. The annual report can be accessed on the Company's investor relations website at http://ir.xunlei.com or the SEC's website at www.sec.gov.

XNET has really fallen off in recent months, but it has done better more recently with an assist from the latest quarterly report. The rebound in the stock shows XNET has support behind it, but that is not the main reason why XNET has a good shot at trading higher. The balance sheet suggests XNET deserves a higher valuation than the current one, because you can get a lot for not a whole lot.

Xunlei Limited reported mixed fourth-quarter results with better-than-expected sales offset by declining margins. GAAP results were negatively impacted by the reduced fair market value of the company's stake in panoramic camera market leader Arashi Vision, better known as Insta360. Xunlei continues to trade at a steep discount to NAV as investors grapple with the timing of a potential special dividend following the anticipated monetization of the Arashi Vision stake.

SHENZHEN, China, March 16, 2026 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that all conditions precedent to the disposition of a majority equity interest in Shenzhen Onething Technology Co., Ltd. (“Shenzhen Onething”), as previously announced on March 3, 2026 (the “Transaction”), have been satisfied and accordingly, the Transaction has successfully closed.

Xunlei Limited (XNET) Q4 2025 Earnings Call Transcript