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Xiaomi Unveils Q1 Financial Report: Revenue Hits 111.293 Billion Yuan, Electric Vehicle Segment Doubles Year-Over-Year
2025-05-27 /
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Author：小编
On May 27th, Xiaomi Group announced its financial results for the first quarter of 2025, showcasing a robust total revenue of 111.293 billion yuan, marking a 47.4% increase compared to the same period last year. Key highlights include:
- The mobile phone and AIoT (Artificial Intelligence of Things) segment contributed 92.713 billion yuan in revenue.
- Innovative businesses, notably smart electric vehicles, generated 18.6 billion yuan in revenue, surging 100.8% year-on-year. Within this, smart electric vehicles alone accounted for 18.1 billion yuan.
- Adjusted net profit soared 64.5% year-over-year to reach 10.676 billion yuan.
- Gross margin strengthened to 22.8%, while the operating expense ratio declined to 13.9%.
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