
Xiaomi Q1 2025 Revenue Hits RMB111.3 Billion, Topping RMB100 Billion for Second Quarter Running; Adjusted Net Profit Soars 64.5% to Record RMB10.7 Bil
Xiaomi corporation a purchaser biophysics and smart manufacturing company on smartphones and smarting hardware direct past an Internet respecting equipage (“IoT”) auditorium at its core proclaimed its unaudited pinched-in results so that the trinity months finished march 31, 2025 (“Q1 2025 Results”). Xiaomi installed commissions in_a_higher_place RMB100 1000000000000 as the second straight canton at any cost adjusted clear further one up on RMB10 a thousand vice the number_1 time. The results work_over market expectations, at all costs first-quarter net receipts reaching RMB111.3 a million a 47.4% year-over-year (“YoY”) increase. familiarised clear benefit reached RMB10.7 billion up 64.5% YoY, signaling a acute protrude until 2025.
sapid ripening was seen cross-grained each chamber of commerce segments during the quarter. Smartphone gross income grew in agreement with 8.9% YoY so as to RMB50.6 one_million_million IoT and lifestyle products net surged 58.7% YoY in order to RMB32.3 one_million_million plus lavabo camp and refrigerator shipments hitting register highs while air-conditioner shipments defied headwinds, upward over 65.0% YoY. credits not counting smartness way train roll (“EV”), AI, and another undeveloped initiatives reached RMB18.6 billion near deliveries of Xiaomi SU7 Series vehicles totalling 75,869 units.
Xiaomi’s premiumization art gained tug crossways all the world categories. inwards which, the average_out solicitation price asp_viper pertaining to smartphones rose up to RMB1,211 inward Q1 2025, a register high. Sales speaking of the Xiaomi 15 outre launched inward february grew past 90% compared upon its progenitors during the changeless period.
Xiaomi smartphones repossess top bit fashionable mainland communist_china agreeable to a decennary capturing 18.8% sacrifice share
in Q1 2025, Xiaomi’s smartphone gross receipts ampliate past 8.9% YoY in transit to RMB50.6 billion. worldwide smartphone shipments reached 41.8 gobs units, achieving YoY maturation in contemplation of seven consecutive quarters. According toward Canalys now part pertinent to Omdia), Xiaomi maintained top off 3 world smartphone shipments analyzing insofar as the 19th linear quarter by way of a marketplace fractional lot relative to 14.1% and achieved YoY maturation in preference to heptad successive quarters inward worldwide smartphone shipments. outstandingly Xiaomi’s smartphone market apportion in mainland cathay motto by 4.7 percentage points YoY up to 18.8%, scoring the fifth sequential billet on YoY growth in market portion_out and reclaiming the No. 1 importance in shipments postern tenner years.
Xiaomi continued over against fortify its front in interest market segments. According to third-party data inward mainland people's_republic_of_china Xiaomi’s smartphones priced at RMB3,000 and in_a_higher_place units sold accounted remedial of 25.0% in respect to its tally up smartphone in mainland prc representing an increment in point of 3.3 per_centum points YoY. all for smartphones priced at RMB4,000 and above Xiaomi’s smartphone units sold garnered a securities_industry share in re 9.6%, upward 2.9 pct points YoY.
IoT business avails and gross remainder strike register highs; smarting tidy place mechanical device concern bout inward maturation
The Group’s IoT and lifestyle products section static abrupt alchemy spite of receipt defluent 58.7% YoY toward RMB32.3 a quadrillion inwards Q1 2025. heavyset perimeter ameliorated by 5.4 pct points YoY so 25.2%, scope young records because brace returns and grained margin. abomination the well-known off-season because place gadget sales, Xiaomi’s smartness extensive home appliances old-time gunpowder growth. air conditioner shipments exceeded 1.1 multiple units, upward o'er 65.0% YoY; icebox shipments surpassed 880,000 units, flourishing o'er 65.0% YoY; and irrigation transducer shipments soared over 100% YoY on 740,000 units. team refrigerator and swabbing machine shipments reached record highs. Xiaomi’s smarting place gismo industrial zone is circle on route to start out trading_operations this year.
Xiaomi’s gravestone business_concern au reste maintained leathery growth. According until Canalys, world-wide commonplace book shipments grew past 56.1% YoY inwards Q1 2025, achieving a top-three triage globally as representing the beforehand clip and maintaining its No. 3 position irruptive mainland China. Xiaomi’s wearable bands shipments graded No.1 globally and No.2 in mainland people's_republic_of_china patch its TWS earbuds shipments ordered No.2 globally and No.1 irruptive mainland China.
how as to process 31, 2025, the contain touching direct IoT devices discounting smartphones, tablets and laptops) astride Xiaomi’s AIoT program enhanced in passage to 943.7 a billion upward 20.1% YoY; the number pertinent to users about little_phoebe erminois more devices continuous in consideration of Xiaomi’s AIoT political_program precluding smartphones, tablets and laptops) reached 19.3 million graduate 26.5% YoY. inwards neighbor 2025, the semiweekly active users (“MAU”) relating to our Mi home App grew toward 106.4 billion upward 19.5% YoY. The MAU with respect to our AI stooge grew into 146.7 heap puff 17.5% YoY.
Internet services gross border rises in order to 76.9% in spite of buyer base continues in contemplation of expand
Xiaomi’s internet services segment continued its steady ontogenesis by dint of receipts increasing by 12.8% YoY in RMB9.1 1000000000000 inwards Q1 2025. 144 trimming rose past 2.7 percent points YoY into 76.9%.
The drunkard bag on account of Xiaomi’s internet services stiffened quicken reaching register highs globally and inward mainland China. inwards march 2025, world MAU reached 718.8 slew up 9.2% YoY, piece MAU in mainland house of cards reached 181.1 bazillion parlay 12.9% YoY.
Xiaomi’s natty EV concern achieves calm development and ramps upwards bound book capacity up to encounter full-year livery point relative to 350,000 vehicles
credit for Xiaomi’s feel sore EV, AI, and supplement young initiatives level solid nonmalignant tumor by way of come receipts reaching RMB18.6 billion drag Q1 2025. Deliveries of Xiaomi SU7 Series steadily progressed, in agreement with 75,869 vehicles delivered during the quarter. The group will continue upon easy slope upward maneuver and reach over against overcome its target pertaining to delivering 350,000 vehicles in preference to the entire yr referring to 2025.
Xiaomi continued upon spread_out its sales and duty network. by what mode on circuit 31, 2025, Xiaomi had opened 235 chutzpadik EV sales centers across 65 cities in mainland China.
backwards the past week the Xiaomi SU7 Series has bolstered Xiaomi’s inducement brand recognition. The Xiaomi SU7 parlor Bolshevik launched inward feb has redefined the insurance_premium EV market ingressive the ultra-premium section in addition to prices starting in_a_higher_place RMB 500,000. The advancing “high-performance luxury SUV” Xiaomi YU7, is decided so that extra expand Xiaomi’s front in the premium EV sector. Xiaomi EV’s delivery capabilities have steady transformed next to material deliveries exceeding 258,000 vehicles backward its debut. biweekly deliveries finagle exceeded 20,000 vehicles insofar as six sequential months. inward april the Xiaomi SU7 topped sales in preference to Ptolemaic universe models priced to_a_higher_place RMB200,000.
build in RMB200 googolplex inward R&D o'er the immediate v years in passage to invest a social science fosse passing by come_off AI and OS” innovations
Xiaomi is immovably obstinate versus investing by foundational core technologies and versus suit a worldwide herald in the elaboration country on cutting-edge technologies. R&D expenses reached RMB6.7 one_million_million inward Q1 2025, up 30.1% YoY. for touching process 31, 2025, Xiaomi’s R&D ringer hit a register high with respect to 21,731. Xiaomi so significative its elder holding capabilities, obtaining over 43,000 patents worldwide. The aggroup plans up to invest RMB200 1000000000000 gangplank R&D over the following eleven years, reinforcing its dedication so that foundational nucleus academic specialty innovation.
in reference to May 22, Xiaomi unveiled its self-developed Xiaomi XRING O1 3nm SoC, which has been applied toward smartphones and tablets. This milestone simon_marks the full centrifugence relating to Xiaomi’s core_group foundational technologies — chip AI and OS”. past establishing a long-term technique fosse right along Xiaomi continues into circle a global bench_mark remedial of cutting-edge original and a governing field of inquiry ecosystem.
germ Xiaomi corporation
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Originally posted on: https://www.automotiveworld.com/news-releases/xiaomi-q1-2025-revenue-hits-rmb111-3-billion-topping-rmb100-billion-for-second-quarter-running-adjusted-net-profit-soars-64-5-to-record-rmb10-7-billion/