Companies: 10,795·Total market cap: $144.5T
Xunlei Limited

Xunlei Limited

XNETNASDAQCommunication Services● Active
$4.61
$-0.05(-1.07%)
Market Cap$57952679
P/E Ratio
52W High$11.03
52W Low$4.02

Xunlei Limited (XNET) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

XNET · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $26.7M for FY2025 (fiscal year ending 2025-12-31), up 17.9% year-over-year The FCF margin was 5.8%.

FY2025 Free Cash Flow$26.7M▲ +17.9% YoY
Trailing 12M (TTM)$26.7Mtrailing 4 quarters sum
FCF Margin5.8%$26.7M ÷ revenue
3-Year CAGR-9.6%FY2022 → FY2025
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
xnet free cash flow history · xnet free cash flow chart · xnet free cash flow growth rate · xnet free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$26.7M▲ +17.9%5.8%
FY2024$22.6M▲ +6.6%7.0%
FY2023$21.2M▼ 41.3%5.8%
FY2022$36.1M▲ +483.3%10.6%
FY2021$6.2M▲ +122.5%2.6%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
xnet free cash flow 2025 · xnet free cash flow 2024 · xnet free cash flow 2023 · xnet operating cash flow

FCF valuation metrics

Xunlei Limited (XNET) trades at a FCF yield of 45.55% and a price-to-free-cash-flow ratio of 2.2x. FCF per share stands at $2.14, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
45.55%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$2.14
TTM FCF ÷ Shares Outstanding
Price / FCF
x2.2
Share Price ÷ FCF per Share
EV / FCF (TTM)
x0.1
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
xnet price to free cash flow · xnet free cash flow yield · xnet free cash flow per share · xnet price to cash flow ratio

Cash flow statement summary

For FY2025, Xunlei Limited generated $32.5M in operating cash flow and spent 6M in capital expenditures, yielding $26.7M in free cash flow.

Operating Activities
+$32.5M
Cash from core business operations
2025-12-31
Investing Activities
−$99.1M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$45.5M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($32.5M) − |CapEx| (6M) = FCF ($26.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
xnet cash flow statement · xnet cash flow statement 2025 · xnet operating cash flow · xnet cash flow from operations

Free cash flow vs peers (Communication Services)

#CompanyFree Cash FlowYoY
#1
Xunlei Limited
Xunlei LimitedYOU
XNET
$26.7M+17.9%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$73.27B+0.7%
#3
Alphabet Inc.
Alphabet Inc.
GOOG
$73.27B+0.7%
#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$46.11B-14.7%
#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$19.68B+4.0%
#6
Netflix, Inc.
Netflix, Inc.
NFLX
$9.46B+36.7%
Communication Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Xunlei Limited (XNET) reported free cash flow of $26.7M for FY2025 (fiscal year ending 2025-12-31), up 17.9% year-over-year. The FCF margin was 5.8%.

Based on available data, Xunlei Limited has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $42.2M in FY2013.

Xunlei Limited's FCF yield is 45.55% and price-to-FCF ratio is 2.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

XNET free cash flow · 8 questions

Xunlei Limited free cash flow was $26.7M for FY2025, up 17.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $26.7M.

XNET free cash flowXNET FCFXNET FCF 2025XNET free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Xunlei Limited · Xunlei Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026