Xunlei Ltd
NASDAQ:XNET
Income Statement
Earnings Waterfall
Xunlei Ltd
Income Statement
Xunlei Ltd
| Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Revenue |
56
N/A
|
98
+73%
|
141
+44%
|
155
+10%
|
169
+9%
|
175
+4%
|
118
-33%
|
167
+41%
|
154
-8%
|
141
-9%
|
134
-5%
|
132
-1%
|
131
-1%
|
130
0%
|
105
-20%
|
113
+8%
|
120
+6%
|
127
+6%
|
140
+11%
|
138
-2%
|
138
+0%
|
142
+3%
|
201
+41%
|
234
+17%
|
261
+12%
|
261
+0%
|
231
-12%
|
193
-16%
|
176
-9%
|
174
-1%
|
181
+4%
|
188
+4%
|
185
-2%
|
184
0%
|
186
+1%
|
191
+3%
|
202
+6%
|
218
+8%
|
239
+10%
|
265
+11%
|
287
+9%
|
316
+10%
|
342
+8%
|
362
+6%
|
388
+7%
|
383
-1%
|
364
-5%
|
345
-5%
|
320
-7%
|
316
-1%
|
323
+2%
|
331
+2%
|
356
+8%
|
402
+13%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(41)
|
(63)
|
(84)
|
(83)
|
(85)
|
(87)
|
(50)
|
(87)
|
(80)
|
(70)
|
(56)
|
(54)
|
(54)
|
(56)
|
(59)
|
(68)
|
(72)
|
(77)
|
(80)
|
(83)
|
(88)
|
(96)
|
(118)
|
(135)
|
(142)
|
(134)
|
(116)
|
(95)
|
(90)
|
(93)
|
(100)
|
(105)
|
(103)
|
(100)
|
(93)
|
(93)
|
(95)
|
(104)
|
(119)
|
(138)
|
(156)
|
(179)
|
(200)
|
(215)
|
(229)
|
(223)
|
(201)
|
(179)
|
(159)
|
(152)
|
(156)
|
(162)
|
(175)
|
(201)
|
|
| Gross Profit |
15
N/A
|
35
+128%
|
57
+64%
|
73
+28%
|
84
+16%
|
89
+6%
|
68
-24%
|
80
+18%
|
75
-7%
|
71
-5%
|
78
+11%
|
78
N/A
|
77
-2%
|
74
-3%
|
45
-39%
|
45
0%
|
48
+6%
|
50
+4%
|
60
+22%
|
55
-8%
|
50
-9%
|
47
-7%
|
83
+78%
|
99
+20%
|
120
+21%
|
127
+7%
|
115
-10%
|
98
-14%
|
86
-13%
|
82
-5%
|
81
-1%
|
83
+3%
|
81
-2%
|
85
+4%
|
94
+10%
|
99
+5%
|
107
+9%
|
114
+6%
|
120
+6%
|
127
+5%
|
131
+4%
|
137
+4%
|
141
+3%
|
146
+3%
|
158
+8%
|
161
+1%
|
163
+1%
|
166
+2%
|
161
-4%
|
164
+2%
|
167
+2%
|
169
+1%
|
181
+7%
|
201
+11%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(22)
|
(38)
|
(54)
|
(61)
|
(65)
|
(69)
|
(50)
|
(76)
|
(76)
|
(73)
|
(70)
|
(75)
|
(78)
|
(80)
|
(77)
|
(83)
|
(87)
|
(98)
|
(102)
|
(102)
|
(105)
|
(109)
|
(123)
|
(139)
|
(150)
|
(144)
|
(153)
|
(159)
|
(155)
|
(146)
|
(139)
|
(136)
|
(130)
|
(120)
|
(108)
|
(100)
|
(101)
|
(112)
|
(123)
|
(130)
|
(134)
|
(129)
|
(132)
|
(140)
|
(152)
|
(162)
|
(164)
|
(165)
|
(159)
|
(160)
|
(162)
|
(170)
|
(202)
|
(219)
|
|
| Selling, General & Administrative |
(16)
|
(27)
|
(38)
|
(39)
|
(41)
|
(44)
|
(27)
|
(50)
|
(48)
|
(45)
|
(39)
|
(42)
|
(43)
|
(42)
|
(40)
|
(42)
|
(42)
|
(44)
|
(40)
|
(40)
|
(42)
|
(48)
|
(56)
|
(60)
|
(66)
|
(70)
|
(75)
|
(79)
|
(77)
|
(70)
|
(69)
|
(69)
|
(67)
|
(63)
|
(48)
|
(48)
|
(48)
|
(54)
|
(59)
|
(65)
|
(68)
|
(64)
|
(63)
|
(71)
|
(81)
|
(88)
|
(86)
|
(90)
|
(85)
|
(87)
|
(87)
|
(97)
|
(107)
|
(121)
|
|
| Research & Development |
(9)
|
(14)
|
(20)
|
(22)
|
(24)
|
(26)
|
(22)
|
(28)
|
(29)
|
(29)
|
(29)
|
(33)
|
(36)
|
(37)
|
(34)
|
(42)
|
(45)
|
(54)
|
(60)
|
(62)
|
(64)
|
(61)
|
(66)
|
(66)
|
(70)
|
(74)
|
(76)
|
(79)
|
(78)
|
(76)
|
(68)
|
(67)
|
(63)
|
(58)
|
(55)
|
(52)
|
(53)
|
(57)
|
(61)
|
(65)
|
(66)
|
(65)
|
(67)
|
(69)
|
(71)
|
(74)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
3
|
4
|
5
|
1
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(73)
|
(75)
|
(74)
|
(73)
|
(71)
|
(73)
|
(95)
|
(98)
|
|
| Operating Income |
(7)
N/A
|
(4)
+43%
|
2
N/A
|
11
+438%
|
19
+71%
|
20
+2%
|
18
-11%
|
3
-81%
|
(1)
N/A
|
(3)
-100%
|
9
N/A
|
3
-62%
|
(2)
N/A
|
(5)
-260%
|
(32)
-483%
|
(38)
-21%
|
(40)
-4%
|
(48)
-22%
|
(42)
+14%
|
(47)
-13%
|
(55)
-18%
|
(63)
-14%
|
(41)
+35%
|
(40)
+2%
|
(30)
+23%
|
(17)
+45%
|
(38)
-126%
|
(60)
-58%
|
(69)
-15%
|
(64)
+7%
|
(59)
+9%
|
(52)
+11%
|
(48)
+8%
|
(36)
+26%
|
(14)
+61%
|
(1)
+91%
|
7
N/A
|
2
-78%
|
(3)
N/A
|
(4)
-19%
|
(2)
+35%
|
8
N/A
|
9
+10%
|
6
-33%
|
6
+3%
|
(1)
N/A
|
(2)
-30%
|
2
N/A
|
2
+4%
|
4
+131%
|
5
+21%
|
(1)
N/A
|
(22)
-1 914%
|
(19)
+13%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(1)
|
(0)
|
0
|
1
|
1
|
3
|
1
|
3
|
4
|
10
|
8
|
8
|
7
|
6
|
4
|
3
|
3
|
4
|
2
|
1
|
1
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
(14)
|
2
|
2
|
2
|
2
|
1
|
0
|
0
|
2
|
1
|
1
|
1
|
0
|
2
|
2
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
0
|
0
|
0
|
(6)
|
(5)
|
(5)
|
(4)
|
2
|
1
|
(5)
|
(5)
|
(6)
|
(5)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(22)
|
(21)
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
1
|
1
|
1
|
2
|
3
|
3
|
5
|
14
|
15
|
10
|
14
|
8
|
5
|
3
|
4
|
2
|
5
|
3
|
8
|
8
|
9
|
4
|
4
|
6
|
6
|
4
|
8
|
14
|
(0)
|
15
|
3
|
(4)
|
8
|
5
|
4
|
4
|
4
|
3
|
4
|
10
|
14
|
16
|
14
|
12
|
14
|
20
|
19
|
18
|
15
|
15
|
15
|
734
|
1 276
|
|
| Pre-Tax Income |
(7)
N/A
|
(4)
+42%
|
3
N/A
|
12
+362%
|
22
+79%
|
23
+8%
|
24
+1%
|
10
-57%
|
16
+55%
|
16
+5%
|
29
+76%
|
25
-11%
|
15
-43%
|
6
-57%
|
(22)
N/A
|
(30)
-34%
|
(35)
-16%
|
(41)
-17%
|
(33)
+18%
|
(37)
-12%
|
(46)
-23%
|
(66)
-45%
|
(47)
+30%
|
(36)
+23%
|
(24)
+32%
|
(11)
+56%
|
(41)
-279%
|
(57)
-39%
|
(60)
-5%
|
(68)
-14%
|
(49)
+28%
|
(45)
+7%
|
(54)
-20%
|
(31)
+43%
|
(13)
+58%
|
(2)
+88%
|
10
N/A
|
6
-40%
|
1
-83%
|
(0)
N/A
|
8
N/A
|
23
+192%
|
25
+10%
|
23
-11%
|
21
-8%
|
16
-22%
|
18
+10%
|
21
+16%
|
19
-8%
|
19
+0%
|
(2)
N/A
|
(8)
-218%
|
712
N/A
|
1 257
+77%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
2
|
1
|
(2)
|
(5)
|
(7)
|
(5)
|
(1)
|
1
|
2
|
(0)
|
(1)
|
1
|
3
|
3
|
4
|
4
|
1
|
3
|
3
|
3
|
4
|
5
|
2
|
2
|
3
|
0
|
0
|
1
|
1
|
0
|
(5)
|
(5)
|
(6)
|
(6)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(4)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
3
|
4
|
9
|
10
|
|
| Income from Continuing Operations |
(5)
|
(3)
|
0
|
8
|
15
|
19
|
23
|
11
|
17
|
16
|
28
|
26
|
17
|
9
|
(19)
|
(26)
|
(34)
|
(38)
|
(31)
|
(35)
|
(42)
|
(61)
|
(44)
|
(34)
|
(22)
|
(11)
|
(41)
|
(56)
|
(59)
|
(68)
|
(53)
|
(50)
|
(60)
|
(37)
|
(14)
|
(2)
|
10
|
6
|
1
|
(0)
|
6
|
19
|
21
|
17
|
16
|
12
|
14
|
17
|
14
|
14
|
1
|
(4)
|
721
|
1 266
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
| Net Income (Common) |
(5)
N/A
|
(3)
+44%
|
(0)
+88%
|
3
N/A
|
11
+218%
|
15
+34%
|
2
-84%
|
2
-4%
|
(106)
N/A
|
(111)
-5%
|
(105)
+5%
|
(105)
+0%
|
(4)
+96%
|
(8)
-95%
|
(13)
-65%
|
(14)
-9%
|
(18)
-22%
|
(21)
-22%
|
(24)
-13%
|
(25)
-5%
|
(31)
-22%
|
(49)
-59%
|
(38)
+23%
|
(23)
+39%
|
(13)
+45%
|
(3)
+77%
|
(39)
-1 210%
|
(56)
-42%
|
(59)
-5%
|
(67)
-15%
|
(53)
+21%
|
(50)
+6%
|
(60)
-19%
|
(37)
+39%
|
(14)
+62%
|
(2)
+88%
|
10
N/A
|
6
-36%
|
1
-81%
|
(0)
N/A
|
6
N/A
|
19
+229%
|
22
+11%
|
17
-20%
|
16
-6%
|
12
-25%
|
14
+16%
|
17
+20%
|
15
-13%
|
15
+1%
|
1
-92%
|
(3)
N/A
|
722
N/A
|
1 267
+76%
|
|
| EPS (Diluted) |
-0.02
N/A
|
-0.01
+50%
|
0
N/A
|
0.01
N/A
|
0.04
+300%
|
0.05
+25%
|
0.03
-40%
|
0
N/A
|
-0.33
N/A
|
-0.33
N/A
|
-0.54
-64%
|
-0.31
+43%
|
-0.01
+97%
|
-0.02
-100%
|
-0.05
-150%
|
-0.04
+20%
|
-0.05
-25%
|
-0.06
-20%
|
-0.09
-50%
|
-0.07
+22%
|
-0.09
-29%
|
-0.14
-56%
|
-0.13
+7%
|
-0.06
+54%
|
-0.03
+50%
|
0
N/A
|
-0.12
N/A
|
-0.18
-50%
|
-0.19
-6%
|
-0.21
-11%
|
-0.16
+24%
|
-0.15
+6%
|
-0.17
-13%
|
-0.1
+41%
|
-0.04
+60%
|
0
N/A
|
0.03
N/A
|
0.01
-67%
|
0
N/A
|
0
N/A
|
0.02
N/A
|
0.06
+200%
|
0.06
N/A
|
0.04
-33%
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0
N/A
|
-0.01
N/A
|
2.28
N/A
|
3.96
+74%
|
|