Record-Breaking Revenue and Growth
Xiaomi's total revenue reached RMB 116 billion in Q2 2025, up 30.5% year-on-year, marking the fifth consecutive quarter of record-breaking performance. Adjusted net profit was RMB 10.8 billion, up 75% year-on-year.
Smartphone Market Leadership
Xiaomi ranked among the top 3 globally in smartphone shipments with a market share of 14.7% and was the leader in smartphone sales in Mainland China. Overseas market share also grew significantly, with Xiaomi ranked #1 in Southeast Asia and #2 in Europe, Middle East, and Latin America.
AIoT and Smart Appliances Success
AIoT revenue reached a record high of RMB 38.7 billion, up 44.7% year-on-year. Smart large appliances saw a 66.2% year-on-year increase in revenue, with air conditioner shipments exceeding 5.4 million units.
Automobile Segment Achievements
Xiaomi EV delivered 81,302 vehicles in Q2 2025, with revenue reaching RMB 21.3 billion. The gross margin for the segment was 26.4%, and the company plans to enter the European market by 2027.
Technological and R&D Advancements
R&D expenses reached RMB 7.8 billion in Q2 2025, up 41.2% year-on-year. Xiaomi launched its first self-developed 3-nanometer flagship chip and introduced AI innovations such as AI glasses and multimodal large models.