<div id="readability-page-1"><div>Overview<ul><li>Xunlei Q3 2025 revenue grows 57.7% yr/yr, driven by strong business performance</li><li>Net income for Q3 2025 significantly increased due to investment gains</li><li>Company expects Q4 2025 revenue to grow quarter-over-quarter</li></ul>Outlook<ul><li>Xunlei forecasts Q4 2025 revenue between $131 mln and $139 mln</li><li>Company expects Q4 revenue to grow approximately 6.8% quarter-over-quarter</li></ul>Result Drivers<ul><li>SUBSCRIPTION GROWTH - Increase in subscriber numbers and higher average revenue per subscriber drove subscription revenue growth</li><li>LIVE-STREAMING EXPANSION - Growth in overseas audio live-streaming and advertising boosted live-streaming revenue</li><li>CLOUD COMPUTING DEMAND - Increased demand from major customers contributed to cloud computing revenue growth</li></ul>Key Details<div><table><tbody><tr><td>Metric</td><td>Beat/Miss</td><td>Actual</td><td>Consensus Estimate</td></tr><tr><td>Q3 Revenue</td><td></td><td>$126.40 mln</td><td></td></tr><tr><td>Q3 Adjusted Net Income</td><td></td><td>$5.30 mln</td><td></td></tr></tbody></table></div>Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</div></div>

XNET

Xunlei, a Chinese cloud services firm, reported a 57.7% year-over-year increase in Q3 2025 revenue, reaching $126.4 million, driven by subscription growth and live-streaming expansion. Net income also rose significantly due to investment gains. The company forecasts Q4 2025 revenue between $131 million and $139 million, expecting a 6.8% quarter-over-quarter growth. Key drivers included an increase in subscriber numbers, higher average revenue per subscriber, and increased demand for cloud computing services.

- Xunlei reported a 57.7% year-over-year revenue growth for Q3 2025, driven by strong business performance and increased net income from investment gains.  
- The company forecasts Q4 2025 revenue between $131 million and $139 million, expecting a quarter-over-quarter growth of approximately 6.8%.  
- Key drivers of growth included increased subscription numbers, expansion in overseas audio live-streaming, and heightened demand for cloud computing services.  

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