Xiaomi Q1 Revenue Surges 47% to 111.3B Yuan, IoT and EV Businesses Show Strong Growth

Earnings Call

2025/05/27

In the Q1 2025 earnings call, Xiaomi reported strong financial results:
1. Total revenue reached 111.3 billion yuan, up 47.4% YoY.
2. Gross profit margin hit a record high of 22.8%.
3. Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan.
4. Smartphone business revenue was 50.6 billion yuan, up 9% YoY. Global smartphone shipments ranked 3rd with 14.1% market share.
5. IoT business revenue was 32.3 billion yuan, up 58.7% YoY. IoT gross margin reached 25.2%.
6. Internet services revenue was 9.1 billion yuan, up 12.8% YoY.
7. Smart electric vehicle and AI business revenue was 18.6 billion yuan. EV deliveries reached 75,860 units in Q1.

The company highlighted its progress in core technologies like chips and AI, and plans to continue increasing R&D investments. For the IoT business, Xiaomi aims to become top 1-2 in China's home appliance market by 2030.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

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Total revenue reached 111.3 billion yuan, up 47.4% YoY. <br>2. Gross profit margin hit a record high of 22.8%.<br>3. Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan.<br>4. Smartphone business revenue was 50.6 billion yuan, up 9% YoY. Global smartphone shipments ranked 3rd with 14.1% market share.<br>5. IoT business revenue was 32.3 billion yuan, up 58.7% YoY. IoT gross margin reached 25.2%.<br>6. Internet services revenue was 9.1 billion yuan, up 12.8% YoY.<br>7. Smart electric vehicle and AI business revenue was 18.6 billion yuan. EV deliveries reached 75,860 units in Q1.<br><br>The company highlighted its progress in core technologies like chips and AI, and plans to continue increasing R&D investments. For the IoT business, Xiaomi aims to become top 1-2 in China's home appliance market by 2030.<br>Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xiaomi Q1 Revenue Surges 47% to 111.3B Yuan, IoT and EV Businesses Show Strong Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXiaomi Q1 Revenue Surges 47% to 111.3B Yuan, IoT and EV Businesses Show Strong Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1002722034\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Earnings Call </p>\n<p class=\"h-time\">2025-05-27 20:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<br>In the Q1 2025 earnings call, Xiaomi reported strong financial results:<br>1. Total revenue reached 111.3 billion yuan, up 47.4% YoY. <br>2. Gross profit margin hit a record high of 22.8%.<br>3. Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan.<br>4. Smartphone business revenue was 50.6 billion yuan, up 9% YoY. Global smartphone shipments ranked 3rd with 14.1% market share.<br>5. IoT business revenue was 32.3 billion yuan, up 58.7% YoY. IoT gross margin reached 25.2%.<br>6. Internet services revenue was 9.1 billion yuan, up 12.8% YoY.<br>7. Smart electric vehicle and AI business revenue was 18.6 billion yuan. EV deliveries reached 75,860 units in Q1.<br><br>The company highlighted its progress in core technologies like chips and AI, and plans to continue increasing R&D investments. For the IoT business, Xiaomi aims to become top 1-2 in China's home appliance market by 2030.<br>Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"81810","symbol_name":"小米集团-WR","start_time":0,"source_url":"","article_id":"1180409111","we_media_id":"1002722034","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180409111","pubTimestamp":1748347977,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Earnings Call","introduction":"real-time reporting","home_visible":1,"id":"1002722034","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"summary":"In the Q1 2025 earnings call, Xiaomi reported strong financial results:1. Total revenue reached 111.3 billion yuan, up 47.4% YoY. 2. Gross profit margin hit a record high of 22.8%.3. Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan.4. Smartphone business revenue was 50.6 billion yuan, up 9% YoY. Global smartphone shipments ranked 3rd with 14.1% market share.5. IoT business revenue was 32.3 billion yuan, up 58.7% YoY. IoT gross margin reached 25.2%.6. In","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"81810":"小米集团-WR","01810":"小米集团-W","XIACY":"小米集团ADR"},"translate_title":"小米Q1营收暴增47%至111.3 B元IoT和EV业务增长强劲","themeId":"528c7bc9f3784209ba9e8a49e5037659","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81810":1,"01810":1,"XIACY":1},"content_text":"In the Q1 2025 earnings call, Xiaomi reported strong financial results:1. Total revenue reached 111.3 billion yuan, up 47.4% YoY. 2. Gross profit margin hit a record high of 22.8%.3. Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan.4. Smartphone business revenue was 50.6 billion yuan, up 9% YoY. Global smartphone shipments ranked 3rd with 14.1% market share.5. IoT business revenue was 32.3 billion yuan, up 58.7% YoY. IoT gross margin reached 25.2%.6. Internet services revenue was 9.1 billion yuan, up 12.8% YoY.7. Smart electric vehicle and AI business revenue was 18.6 billion yuan. EV deliveries reached 75,860 units in Q1.The company highlighted its progress in core technologies like chips and AI, and plans to continue increasing R&D investments. For the IoT business, Xiaomi aims to become top 1-2 in China's home appliance market by 2030.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"earningsCall","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}