XNET (Xunlei) Pretax Margin %: -194.22% (As of Mar. 2026)


XNET Xunlei Ltd XNET
70 GF Score
Price $4.86
GF Value $3.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Xunlei Pretax Margin %?

Xunlei XNET +0.41% 70 Pretax Margin % is -194.22% as of Mar. 2026. GuruFocus rates XNET with a GF Score™ of 70/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,823 Software companies, Xunlei ranks better than 99.04% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xunlei's Pre-Tax Income for the three months ended in Mar. 2026 was $-190.5 Mil. Xunlei's Revenue for the three months ended in Mar. 2026 was $98.1 Mil. Therefore, Xunlei's pretax margin for the quarter that ended in Mar. 2026 was -194.22%.

The historical rank and industry rank for Xunlei's Pretax Margin % or its related term are showing as below:

XNET' s Pretax Margin % Range Over the Past 10 Years
Min: -26.98   Med: -3.85   Max: 227.25
Current: 172.75


XNET's Pretax Margin % is ranked better than
99.04% of 2823 companies
in the Software industry
Industry Median: 3.54 vs XNET: 172.75

Xunlei  (NAS:XNET) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Xunlei Pretax Margin % Related Terms


Xunlei Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Xunlei's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xunlei Pretax Margin % Chart

Xunlei Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 7.44 5.06 -0.73 227.25

Xunlei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 698.82 437.16 -136.81 -194.22

XNET vs PSFE, IIIV, ALLT: Pretax Margin % Comparison

For the Software - Infrastructure subindustry, Xunlei's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xunlei Pretax Margin % vs Software Industry

For the Software industry and Technology sector, Xunlei's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xunlei's Pretax Margin % falls into.


XNET
70GF Score
Xunlei Ltd XNET
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Xunlei Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Xunlei's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1046.325/460.428
=227.25 %

Xunlei's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-190.54/98.105
=-194.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -194.22% mean?
Xunlei (XNET) has a Pretax Margin % of -194.22% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Xunlei and its competitors. According to the industry distribution chart, Xunlei ranks #27 out of 2823 companies in the Software industry, placing it in the top 1%.
Is Xunlei's Pretax Margin % too high?
Xunlei's current Pretax Margin % is -194.22%. Based on the distribution chart, Xunlei ranks #27 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Xunlei has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xunlei's Pretax Margin % compare to PSFE and IIIV?
According to the Software industry distribution chart, Xunlei ranks #27 out of 2823 companies for Pretax Margin %. This places Xunlei in the top 1% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.54, based on 2,823 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Xunlei and its competitors. For the Software industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xunlei's current Pretax Margin % is -194.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xunlei stock overvalued right now?
Based on GuruFocus' analysis, Xunlei (XNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $4.86 — trading 50% above its estimated fair value. The current Pretax Margin % is -194.22%. Xunlei's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Xunlei (XNET), the current Pretax Margin % is -194.22% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xunlei (XNET) Overvalued in 2026?

Based on GuruFocus' analysis, Xunlei stock appears to be overvalued. The current stock price of $4.86 is trading 50% above its estimated GF Value™ of $3.24. GuruFocus considers Xunlei to be Significantly Overvalued.

Key valuation signals for XNET:

  • Pretax Margin %: -194.22%
  • GF Value™: $3.24 vs. price of $4.86 (50% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the XNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xunlei Business Description

Other Exchanges 4XN:Germany
Address 3709 Baishi Road, Nanshan District, Shenzhen, CHN, 518000
Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.
70GF Score

Get the complete analysis for XNET

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.86
Price
$3.24
GF Value