Xiaomi Q1 Revenue Soars 47% to 111.3B Yuan, Smartphone Share Hits #1 in China

Earnings Call
2025/05/27

Xiaomi reported record Q1 2025 results:
- Total revenue reached 111.3 billion yuan, up 47.4% YoY
- Adjusted net profit exceeded 10 billion yuan for the first time, reaching 10.7 billion yuan, up 64.5% YoY
- Smartphone shipments ranked #1 in mainland China with 18.8% market share
- IoT revenue hit 32.3 billion yuan, up 58.7% YoY
- Internet services revenue grew 12.8% YoY to 9.1 billion yuan
- Smart electric vehicle sales revenue reached 18.1 billion yuan
Key highlights:
- Global smartphone ASP reached a record high of 1,211 yuan
- R&D expenses increased 30% YoY to 6.7 billion yuan
- Announced plans to invest 200 billion yuan in R&D from 2026-2030
- Launched first self-developed flagship smartphone SoC - Xiaomi Surge 1
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.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10