Xunlei Q2 FY26 GAAP net loss turns to US$218.5 million; revenue rises 38.9% to US$102.7 million

• Xunlei posted Q2 revenue of US$102.7 million, up 38.9% year-over-year, led by subscription and overseas audio live-streaming.
• GAAP net loss from continuing operations widened to US$218.5 million from a profit a year earlier, on a US$213.8 million other loss.
• GAAP operating results turned to a US$4.8 million loss as R&D, sales and marketing, and G&A spending increased.
• Gross profit rose 23.1% to US$57.3 million; margin fell 7.2 percentage points to 55.8% as live-streaming mix increased.
• Non-GAAP net loss from continuing operations was US$2.1 million; management cited a consumer-only pivot and announced a new share repurchase program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xunlei Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130600PRIMZONEFULLFEED9809424) on August 13, 2026, and is solely responsible for the information contained therein.