Xiaomi Q1 2025: Record Revenue of 111.3B Yuan, 47% YoY Growth
Earnings Call
27 May
Xiaomi reported strong Q1 2025 results, marking its 15th anniversary: 1. Revenue reached 111.3 billion yuan, up 47% YoY 2. Smartphone business revenue hit 92.7 billion yuan, up 23% YoY 3. Adjusted profit surpassed 10 billion yuan for the first time, reaching 10.7 billion yuan, up 64% YoY 4. Xiaomi became #1 in smartphone shipments in mainland China with 18.8% market share 5. Global smartphone ASP reached a record high of 1,211 yuan 6. IoT revenue grew 59% YoY to 32.3 billion yuan 7. Large home appliances revenue doubled YoY 8. Tablet shipments entered global top 3, growing 56% YoY 9. Wearable band devices ranked #1 globally 10. EV business delivered 76,000 new cars in Q1 Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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