Xunlei (XNET) Reports Q1 2026 Earnings with Strong Revenue Growth
Xunlei reported total revenue of $98.6 million for Q1 2026, a year-over-year increase of 54.1%, driven by growth in subscription services and overseas live streaming. Subscription revenue rose to $45 million (+26.2%), while overseas live streaming revenue reached $53.6 million (+89.3%). The company's gross profit increased by 45.1% year-over-year, though its margin slightly declined due to higher costs from live streaming operations.
Topics: costs expenses live streaming revenue subscription services