Revenue Performance - Total revenues for Q2 2025 were US$104.0 million, representing a year-over-year increase of 30.6%[6] - Subscription revenues increased to US$36.4 million, up 10.5% year-over-year, with subscribers growing to 6.40 million from 5.71 million[8] - Live-streaming and other services revenues surged to US$37.6 million, reflecting an 85.5% year-over-year increase, driven by overseas audio live-streaming and advertising growth[9] - Cloud computing revenues reached US$30.0 million, marking a 13.6% year-over-year increase due to higher demand from major customers[10] - Total net revenues for Q2 2025 reached $103.545 million, a 30.5% increase from $79.333 million in Q2 2024[38] Profitability - Gross profit was US$51.2 million, a 25.9% increase year-over-year, with a gross profit margin of 49.3%[14] - Gross profit for Q2 2025 was $51.225 million, up from $40.701 million in Q2 2024, reflecting a 25.8% year-over-year growth[38] - Net income for Q2 2025 was US$727.4 million, compared to US$2.5 million in Q2 2024, primarily due to increased other income[20] - Net income attributable to common shareholders for Q2 2025 was $727.590 million, a significant recovery from a net loss of $800,000 in Q1 2025[38] - Non-GAAP net income was US$8.3 million, up from US$3.2 million in the same period last year[20] - Non-GAAP net income for Q2 2025 was $8.252 million, compared to $3.151 million in Q2 2024[40] - Operating income for Q2 2025 was $1.113 million, compared to an operating loss of $1.887 million in Q1 2025[38] - Earnings per share for common shares in Q2 2025 were $2.3306, compared to $0.0086 in Q2 2024[40] Expenses - Research and development expenses were US$18.4 million, representing 17.7% of total revenues, compared to 21.9% in Q2 2024[15] - Sales and marketing expenses increased to US$21.6 million, accounting for 20.8% of total revenues, up from 13.7% in the same period last year[16] - Research and development expenses for Q2 2025 were $18.422 million, slightly higher than $17.470 million in Q2 2024[38] Balance Sheet - Total assets increased to $1.275 billion as of June 30, 2025, up from $473.901 million at the end of 2024[35] - Total liabilities rose to $230.192 million as of June 30, 2025, compared to $156.116 million at the end of 2024[35] - Cash and cash equivalents decreased to $170.734 million from $177.329 million at the end of 2024[35] Future Outlook - The company estimates total revenues for Q3 2025 to be between US$116 million and US$124 million, indicating a quarter-over-quarter increase of approximately 15.4%[24]

Core Insights - The company reported a total revenue of $104 million for the second quarter, representing a year-over-year increase of 30.6% [1][3] - The growth in total revenue was primarily driven by an increase in core business income, with gross profit reaching $51.2 million, up 25.9% year-over-year [3] - The net profit based on GAAP for the quarter was $727.4 million, a significant increase from $2.5 million in the same period last year, while the non-GAAP net profit was $8.3 million compared to $3.2 million [3] - The company completed the acquisition of Hupu and saw a successful IPO of its investment in Yingstone Innovation, contributing to the strong financial performance [3] Revenue Breakdown - Membership services revenue was $36.4 million, reflecting a 10.5% year-over-year increase, driven by growth in membership numbers and average revenue per member [4] - Live streaming and other services revenue reached $37.6 million, a substantial increase of 85.5%, attributed to the development of overseas voice live streaming and growth in advertising revenue post-acquisition of Hupu [4] - Cloud computing services revenue was $30 million, marking a 13.6% year-over-year increase due to rising demand from major clients [5] Research and Development Investment - The company increased its R&D expenditure to $18.4 million, accounting for 17.7% of total revenue, compared to $17.5 million in the same period last year [6] - As of June 30, 2025, the company held cash and cash equivalents of $275.6 million, slightly up from $274.6 million at the end of March 2025 [6] Future Outlook - The company expects total revenue for the third quarter of 2025 to be in the range of $116 million to $124 million, indicating a projected quarter-over-quarter growth of approximately 15.4% [7]

8月14日，迅雷发布了截至2025年6月30日的第二季度未经审计财报。本季度迅雷总营收为1.04亿美元， 同比增长30.6%。 基于美国通用会计准则（GAAP）净利润为7.274亿美元，去年同期净利润为250万美元。 基于非美国通 用会计准则（Non-GAAP），本季度净利润为830万美元，去年同期净利润为320万美元。净利润的增长 主要是迅雷对影石创新公司长期投资的公允价值的变动，该公司已于2025年6月完成IPO。 ...

Core Insights - The core viewpoint of the article highlights the significant growth in revenue and net profit for the company in Q2 2025, driven by various business segments and strategic acquisitions [1] Financial Performance - Total revenue for the quarter reached $104 million, representing a year-over-year increase of 30.6% [1] - Gross profit amounted to $51.2 million, with a year-over-year growth of 25.9%, primarily due to increased margins from overseas voice live streaming, membership, and advertising businesses [1] - The net profit based on GAAP was $72.74 million, a substantial increase from $2.5 million in the same period last year [1] - Non-GAAP net profit for the quarter was $8.3 million, compared to $3.2 million in the previous year [1] Strategic Developments - The company successfully completed the acquisition of Hupu during the quarter, which is seen as a significant milestone [1] - The investment in Yingstone Innovation Company saw a favorable change in fair value, contributing to the net profit growth, as the company completed its IPO in June 2025 [1] Business Growth Drivers - All core business segments exhibited positive growth, attributed to the launch of new features and continuous optimization of existing functionalities [1] - Tailored marketing strategies have enabled the company to effectively reach and attract a broader user base [1] - The cloud computing business made significant progress, leveraging cost-effective services to address current challenges and convert them into growth opportunities [1]

Core Insights - The company reported a total revenue of $104 million for Q2 2025, representing a year-over-year increase of 30.6% [2] - The growth in total revenue was primarily driven by increases in core business income, with gross profit reaching $51.2 million, up 25.9% year-over-year [2] - The net profit based on GAAP for the quarter was $727.4 million, a significant increase from $2.5 million in the same period last year [2] Revenue Breakdown - Membership services revenue was $36.4 million, reflecting a 10.5% year-over-year growth, attributed to an increase in membership numbers and average revenue per member [3] - Live streaming and other services revenue reached $37.6 million, showing an impressive growth of 85.5%, driven by the development of overseas voice live streaming and growth in advertising revenue post-acquisition of Hupu [4] - Cloud computing services revenue was $30 million, up 13.6% year-over-year, mainly due to increased demand from major clients [4] Financial Health - The company increased its R&D investment to $18.4 million, accounting for 17.7% of total revenue, compared to $17.5 million in the same quarter last year [5] - As of June 30, 2025, the company held cash, cash equivalents, and short-term investments totaling $275.6 million, slightly up from $274.6 million as of March 31, 2025 [6] - The company anticipates total revenue for Q3 2025 to be in the range of $116 million to $124 million, indicating a projected quarter-over-quarter growth of approximately 15.4% [6]

Core Insights - Xunlei Limited reported a significant milestone in Q2 2025, highlighted by a 30.6% year-over-year revenue growth, the acquisition of Hupu, and the IPO of an investee company [3][5]. Financial Performance - Total revenues reached US$104.0 million, marking a 30.6% increase year-over-year, primarily driven by growth in major business operations [5][8]. - Subscription revenues amounted to US$36.4 million, up 10.5% year-over-year, attributed to an increase in subscribers to 6.40 million from 5.71 million and a rise in average revenue per subscriber to RMB40.8 from RMB39.5 [6][8]. - Live-streaming and other services generated US$37.6 million, reflecting an 85.5% year-over-year increase, mainly due to growth in overseas audio live-streaming and advertising businesses following the Hupu acquisition [7][8]. - Cloud computing revenues were US$30.0 million, a 13.6% increase year-over-year, driven by higher demand from major customers [9][8]. - Gross profit was US$51.2 million, up 25.9% year-over-year, with a gross profit margin of 49.3%, slightly down from 51.1% in the same period of 2024 [8][13]. Income and Expenses - Net income surged to US$727.4 million from US$2.5 million in Q2 2024, primarily due to increased other income related to the investment in Arashi Vision [20][18]. - Non-GAAP net income was US$8.3 million, compared to US$3.2 million in the same period of 2024 [20][21]. - Research and development expenses were US$18.4 million, representing 17.7% of total revenues, while sales and marketing expenses rose to US$21.6 million, accounting for 20.8% of total revenues [14][15]. Cash and Shareholder Returns - As of June 30, 2025, the company had cash, cash equivalents, and short-term investments totaling US$275.6 million, a slight increase from US$274.6 million at the end of Q1 2025 [22]. - The company initiated a share repurchase program, with US$6.5 million spent on buybacks as of June 4, 2025, although no shares were repurchased in Q2 2025 [23]. Future Guidance - For Q3 2025, Xunlei estimates total revenues to be between US$116 million and US$124 million, indicating a quarter-over-quarter increase of approximately 15.4% [24].

8月12日，迅雷将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际 披露日期以公司公告为准）。 资料显示，迅雷公司是一家境外注册的离岸公司,公司通过境内子公司:深圳市迅雷网络技术有限公司运 营。深圳市迅雷网络技术有限公司于2003年在深圳成立,以领先的云加速技术和系列产品为用户提供基 于大容量娱乐数据传输的云计算服务,帮助用户在多终端上快速获得数字内容,从而推进大互联网时代的 数据传输加速。 8月13日，迅雷(XNET)开盘上涨2.63%，截至21:30，报4.495美元/股，成交2.57万美元，总市值2.80亿美 元。 财务数据显示，截至2025年03月31日，迅雷收入总额8845.4万美元，同比增长10.6%；归母净利润-80.0 万美元，同比减少121.98%。 大事提醒： 本文源自：金融界 作者：行情君 ...

Core Viewpoint - Xunlei Limited plans to release its unaudited financial results for the second quarter of 2025 on August 14, 2025, before market open [1] Financial Results Announcement - The earnings press release will be available on the Company's investor relations page [1] - A conference call will be hosted by Xunlei's management at 8:00 a.m. U.S. Eastern Time on August 14, 2025, to discuss quarterly results and recent business developments [2] Conference Call Details - Participants must register online to join the conference call and should dial in 10 minutes before the scheduled start [3] - A live audio webcast of the conference call will be available on the investor relations page [4] - An archive of the call will be accessible after the conference [4] Company Overview - Xunlei Limited, founded in 2003, is a leading technology company in China providing distributed cloud services [4] - The company offers a variety of products and services, including cloud acceleration, shared cloud computing, and digital entertainment [4]

作者：行情君 资料显示，迅雷公司是一家境外注册的离岸公司,公司通过境内子公司:深圳市迅雷网络技术有限公司运 营。深圳市迅雷网络技术有限公司于2003年在深圳成立,以领先的云加速技术和系列产品为用户提供基 于大容量娱乐数据传输的云计算服务,帮助用户在多终端上快速获得数字内容,从而推进大互联网时代的 数据传输加速。 本文源自：金融界 8月6日，迅雷(XNET)盘中上涨2.39%，截至21:53，报4.72美元/股，成交12.41万美元，总市值2.94亿美 元。 财务数据显示，截至2025年03月31日，迅雷收入总额8845.4万美元，同比增长10.6%；归母净利润-80.0 万美元，同比减少121.98%。 大事提醒： 8月12日，迅雷将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际 披露日期以公司公告为准）。 ...

资料显示，迅雷公司是一家境外注册的离岸公司,公司通过境内子公司:深圳市迅雷网络技术有限公司运 营。深圳市迅雷网络技术有限公司于2003年在深圳成立,以领先的云加速技术和系列产品为用户提供基 于大容量娱乐数据传输的云计算服务,帮助用户在多终端上快速获得数字内容,从而推进大互联网时代的 数据传输加速。 8月5日，迅雷(XNET)开盘上涨4.76%，截至21:30，报4.62美元/股，成交82.15万美元，总市值2.88亿美 元。 财务数据显示，截至2025年03月31日，迅雷收入总额8845.4万美元，同比增长10.6%；归母净利润-80.0 万美元，同比减少121.98%。 大事提醒： 8月12日，迅雷将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际 披露日期以公司公告为准）。 本文源自：金融界 作者：行情君 ...