- Xiaomi published an annual results announcement covering FY 2025 and Q4 2025.
- FY 2025 revenue rose 25% to RMB457.3 billion, while profit for the year increased 76.3% to RMB41.6 billion.
- Adjusted net profit for FY 2025 increased 43.8% to RMB39.2 billion, and operating profit rose 95.5% to RMB47.9 billion.
- Smartphone × AIoT segment revenue increased 5.4% to RMB351.2 billion, while Smart EV, AI and other new initiatives segment revenue rose to RMB106.1 billion.
- R&D expenses increased 37.8% to RMB33.1 billion, and management said cumulative R&D expenses over 2026-2030 are expected to exceed RMB200 billion.
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