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