Xiaomi Posts Record 2025 Revenue as EV and AI Push Accelerates

An announcement from Xiaomi ( (HK:1810) ) is now available.

Xiaomi reported record full-year 2025 results, with revenue climbing 25% year-on-year to RMB457.3 billion and adjusted net profit surging 43.8% to RMB39.2 billion, driven by strong performance in both its smartphone × AIoT and new initiatives segments. The smart EV, AI and other new initiatives business was the standout, with revenue jumping 223.8% to RMB106.1 billion and vehicle deliveries reaching 411,082 units, underscoring Xiaomi’s rapid expansion beyond smartphones and reinforcing its strategic push into an integrated device and mobility ecosystem.

Despite intensified competition and higher memory costs in the fourth quarter, Xiaomi delivered its fifth consecutive quarter with revenue above RMB100 billion, while maintaining resilience across its core businesses. The group also strengthened its user ecosystem, with global monthly active users hitting 754.1 million and connected IoT devices surpassing 1.07 billion, supporting its ambition to deepen engagement across smartphones, home devices and vehicles and further entrench its position in the global consumer tech landscape.

The most recent analyst rating on (HK:1810) stock is a Buy with a HK$47.16 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

More about Xiaomi

Xiaomi Corporation is a China-based technology company operating in the consumer electronics and smart hardware industry, best known for its smartphones and a broad AIoT ecosystem of connected devices. The company has also expanded into smart electric vehicles and AI-driven services, targeting global mass-market consumers with an integrated “Human × Car × Home” strategy and maintaining a top-three position in global smartphone shipments.

Average Trading Volume: 168,564,984

Technical Sentiment Signal: Sell

Current Market Cap: HK$832.4B

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