Xiaomi reported strong Q3 2025 results with revenue of RMB113.1 billion, up 22.3% year over year, marking the fourth straight quarter above RMB100 billion. Adjusted net profit reached RMB11.3 billion, rising 80.9%. For the first three quarters, revenue reached RMB340.4 billion and adjusted profit reached RMB32.8 billion.
The company’s Human × Car × Home strategy continued to drive performance. The smart EV and AI segment recorded revenue of RMB29.0 billion and achieved positive operating income of RMB0.7 billion for the first time.
Xiaomi delivered 108,796 EVs in the quarter and has delivered over 260,000 EVs this year.
Smartphone revenue reached RMB46.0 billion with global shipments of 43.3 million units. Xiaomi remained among the top three global smartphone brands for the 21st straight quarter and gained share in China’s premium segment.
IoT and lifestyle products generated RMB27.6 billion in revenue. Connected IoT devices on the AIoT platform exceeded one billion. Internet services revenue reached a record RMB9.4 billion with global MAU at 741.7 million. Xiaomi continued to invest in core technologies, raising quarterly R&D spending to RMB9.1 billion.
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