【1810 Performance】Xiaomi Q4 Revenue Grew 7.3% YoY, Adjusted Profit of 6.35 Billion Yuan Slightly Beats Expectations

SocialAnxietyStaker · 2026-03-24T09:48:37+00:00

Xiaomi's Q4 2025 earnings showed revenue of 116.917 billion yuan, up 7.3% year-over-year, with adjusted net profit of 6.349 billion yuan, down 23.7% compared to the same period. Smartphone business revenue was 186.440 billion yuan, down 2.8% year-over-year, primarily affected by the Indian market. IoT and consumer product revenue increased 18.3% to 123.2 billion yuan, while internet services revenue grew 9.7% to 37.44 billion yuan. Total revenue reached a new high, demonstrating business resilience.

SocialAnxietyStaker

2026-03-24 09:48:37

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Xiaomi (01810)
Announces Q4 2025 Results, Revenue of 116.917 billion RMB, up 7.3% Year-over-Year, Slightly Ahead of Expectations of 116.58 billion RMB; Adjusted Net Profit of 6.349 billion RMB, down 23.7% YoY, Slightly Above Expectations of 6.07 billion RMB.

Xiaomi states that in Q4 2025, the company faced headwinds such as a significant increase in storage costs and intensified industry competition. Despite this, the group’s business remained resilient, achieving a record high in total revenue.

In terms of business segments, Xiaomi’s smartphone revenue for the quarter was 186.44 billion RMB, down 2.8% YoY, affected by a 2.0% decrease in smartphone shipments to 165 million units, mainly due to reduced shipments in India. However, this was offset by increased shipments in Mainland China and other international regions such as Latin America and Africa. The average selling price (ASP) of smartphones slightly declined by 0.8% to 1,128.7 RMB.

IoT and lifestyle consumer product revenue for the quarter increased by 18.3% YoY to 123.2 billion RMB; internet services revenue grew by 9.7% to 37.44 billion RMB.

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