Lenovo Reports 21% Revenue Increase to $69.1B, Net Income Rises 36% to $1.4B in FY2024/25

Reuters

07/29

Lenovo Reports 21% Revenue Increase to $69.1B, Net Income Rises 36% to $1.4B in FY2024/25

Lenovo Group Limited has announced its strong financial results for the fiscal year 2024/25, marking a significant rise in its Fortune Global 500 ranking to #196, up 52 spots from the previous year. The company reported a year-on-year revenue increase of 21%, reaching US$69.1 billion, the second highest in its history. Net income also saw a substantial rise, up 36% to US$1.4 billion, based on non-Hong Kong Financial Reporting Standards. Lenovo attributes its outstanding performance to a clear diversified growth strategy, end-to-end integrated global operations, and a robust manufacturing footprint consisting of over 30 sites in 11 markets globally. The company's ongoing commitment to innovation is reflected in a 13% year-on-year increase in R&D expenses, which has played a crucial role in advancing its hybrid AI strategy. Lenovo continues to leverage its global resources and local delivery model, ensuring flexibility and resilience amid market uncertainties. The company is set to release its first quarter results for FY2025/26 on August 14, 2025.

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. Lenovo Group Limited published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein.

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