On November 18, Xiaomi Group (1810.HK) unveiled its financial performance for the third quarter of 2025. According to the report, Xiaomi's revenue for this quarter soared to RMB 113.12 billion, marking a significant 22.3% year-on-year surge. Its adjusted net profit also jumped to RMB 11.31 billion, representing an impressive 80.9% year-on-year increase. When it comes to business segments, the revenue generated by the Smartphone × AIoT segment hit RMB 84.11 billion, showing a modest 1.6% year-on-year growth. Meanwhile, the innovative business segment, which encompasses smart electric vehicles and AI, reported a revenue of RMB 29.01 billion. This figure reflects a staggering 199.2% year-on-year increase and, for the first time, achieved profitability in a single quarter.
