Lenovo Group Limited reported its unaudited results for the third quarter ended December 31, 2025. Group revenue reached USD 22 billion, an 18 percent increase year-on-year, marking a new record high. Adjusted profit attributable to equity holders for the quarter was USD 589 million, rising by 36 percent year-on-year. Adjusted profit for the period totaled USD 605 million, while adjusted profit before taxation reached USD 803 million. Adjusted operating profit for the third quarter was USD 903 million. AI-related revenues grew by 72 percent year-on-year and represented 32 percent of total group revenue for the quarter. All three business groups delivered double-digit year-on-year revenue growth. Lenovo achieved a global market share in PCs surpassing one-quarter for two consecutive quarters, driven by high double-digit revenue growth in AI PCs, a balanced commercial and consumer portfolio, and benefiting from the Windows EOS upgrade and PC replacement cycle. Profitability in PCs, tablets, and other smart devices remained resilient, supported by higher average selling prices and margin uplift from premium PCs, AI PCs, gaming PCs, and non-PC adjacencies. Non-PC adjacencies delivered high double-digit revenue growth with a clear margin improvement. The smartphone business achieved record volume and activation with its Moto brand, supported by the launch of premium devices including the Motorola Razr foldable.
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