Xiaomi Corporation Reports Record Q1 2025 Revenue of RMB111.3 Billion, Adjusted Net Profit Soars 64.5% Year-Over-Year

Reuters
05/27
Xiaomi Corporation Reports Record Q1 2025 Revenue of RMB111.3 Billion, Adjusted Net Profit Soars 64.5% Year-Over-Year

Xiaomi Corporation has announced its unaudited results for the first quarter of 2025, revealing record highs in revenue and profitability. The company reported total revenue of RMB111.3 billion, marking a 47.4% increase year-over-year. The smartphone × AIoT segment generated RMB92.7 billion, reflecting a 22.8% rise compared to the previous year. Meanwhile, the smart Electric Vehicle $(EV)$, AI, and other new initiatives segment reported revenues of RMB18.6 billion. The company's adjusted net profit reached a record high of RMB10.7 billion, up 64.5% year-over-year. The gross profit for this period was RMB25.4 billion, indicating a 51.0% increase from the prior year. Operating profit also saw significant growth, reaching RMB13.1 billion, a substantial 256.4% rise from the first quarter of 2024. In terms of quarter-over-quarter performance, the revenue increased by 2.1% from the fourth quarter of 2024. The adjusted net profit rose by 28.4% from the previous quarter. Xiaomi continues to advance its corporate strategy of "Human × Car × Home," with a focus on integrating its technology across various sectors including smart home devices and electric vehicles. The company remains committed to executing its operating strategy of "steadfastly forging ahead."

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xiaomi Corporation published the original content used to generate this news brief on May 27, 2025, and is solely responsible for the information contained therein.

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