Lenovo Group Limited (HKD Counter Stock Code: 992/RMB Counter Stock Code: 80992) released its unaudited results for the three and nine months ended December 31, 2025. During the third quarter, overall revenue rose 18 percent year-on-year to approximately US$22.2 billion, achieving record quarterly revenue. Adjusted profit attributable to equity holders grew 36 percent year-on-year to US$589 million, aided by higher-margin premium products and services.

AI-related revenues accounted for 32 percent of the total revenue and increased by 72 percent year-on-year. All three business groups showed double-digit revenue growth. The Intelligent Devices Group’s revenue and operating profit gained 14 percent and 15 percent year-on-year, respectively, bolstered by a 25.3 percent global PC market share and record smartphone volumes. The Infrastructure Solutions Group recorded a year-on-year revenue increase of 31 percent to US$5.2 billion, supported by a strong AI server pipeline of US$15.5 billion. The Solutions and Services Group continued its expansion with an 18 percent year-on-year revenue increase and operating margin near historical highs.

For the nine-month period ended December 31, 2025, overall Group revenue reached US$61.5 billion, 18 percent higher year-on-year. The Group maintained strong operating cash flow and disciplined working capital management while sustaining its focus on research and development, especially in AI hardware and software solutions. Management highlighted ongoing actions in cost optimization and workforce upskilling, targeting improved profitability across all segments in the evolving market landscape.