China's cloud services firm Xunlei posts higher Q3 revenue, profit on subscription growth

Reuters
2025/11/13
China's cloud services firm Xunlei posts higher Q3 revenue, profit on subscription growth

Overview

  • Xunlei Q3 2025 revenue grows 57.7% yr/yr, driven by strong business performance

  • Net income for Q3 2025 significantly increased due to investment gains

  • Company expects Q4 2025 revenue to grow quarter-over-quarter

Outlook

  • Xunlei forecasts Q4 2025 revenue between $131 mln and $139 mln

  • Company expects Q4 revenue to grow approximately 6.8% quarter-over-quarter

Result Drivers

  • SUBSCRIPTION GROWTH - Increase in subscriber numbers and higher average revenue per subscriber drove subscription revenue growth

  • LIVE-STREAMING EXPANSION - Growth in overseas audio live-streaming and advertising boosted live-streaming revenue

  • CLOUD COMPUTING DEMAND - Increased demand from major customers contributed to cloud computing revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$126.40 mln

Q3 Adjusted Net Income

$5.30 mln

Press Release: ID:nGNX4z7Npm

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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