Xunlei's Q2 Revenue Reaches $104 Million, Up 30.6% Year-Over-Year

TechWeb News - August 14th, Xunlei announced its unaudited financial report for the second quarter ended June 30, 2025. According to the report, the company's total revenue for this quarter was $104 million (approximately RMB 7.47 billion), up 30.6% year-over-year.

Total revenue of $104 million (approximately RMB 7.47 billion) increased by 30.6%. Breakdown: membership service revenue was $36.4 million (approximately RMB 2.61 billion), up 10.5%; live streaming and other services revenue was $37.6 million (approximately RMB 2.7 billion), up 85.5%; cloud computing services revenue was $30 million (approximately RMB 2.15 billion), up 13.6%.

Gross profit was $51.2 million (approximately RMB 3.68 billion), up 25.9%. Gross margin was 49.3%.

Based on Generally Accepted Accounting Principles (GAAP), net income was $7274 million (approximately RMB 52.22 billion); based on Non-GAAP, net income was $83 million (approximately RMB 5958.7 million).

As of June 30, 2025, the company had approximately 6.4 million members, compared to 5.71 million in the same period last year.