Xiaomi Corporation has announced its unaudited Q3 2025 results, reporting total revenue of $15.83 bn, up 22.3% year-on-year, marking the fourth consecutive quarter above $14 bn. Adjusted net profit reached $1.58 bn, up 80.9% and hitting a record high. Year-to-date revenue stands at $47.66 bn, with adjusted net profit of $4.59 bn, already surpassing 2024’s full-year total.
«Human × Car × Home» strategy
Guided by its «Human × Car × Home» strategy, all business segments showed strong growth. The smart EV, AI and other new initiatives segment achieved positive quarterly income for the first time, with revenue of $4.06 bn, up 199% year-on-year. EV deliveries exceeded 100,000 units in Q3, reaching 108,796, and cumulative deliveries for the first three quarters surpassed 260,000 vehicles. Xiaomi operates 402 smart EV sales centres across 119 Chinese cities.
Smartphones
The smartphone business continued steady growth, generating $6.44 bn in revenue with 43.3 mln units shipped globally. Xiaomi maintains a top-three global ranking for the 21st consecutive quarter and is No.2 in China. Premium smartphone sales strengthened, with the Xiaomi 17 Series seeing first-month sales up 30% compared to the Xiaomi 15 Series. The Xiaomi 17 Pro and Pro Max accounted for over 80% of sales.
Home appliances
Xiaomi’s IoT and lifestyle products segment earned $3.86 bn in revenue, with over 1 bn connected devices on its AIoT platform. The first Xiaomi Smart Home Appliance Factory has begun operations, capable of producing up to 7 mln air conditioners annually. Tablets, wearables and TWS earbuds also maintained strong positions globally and in China.
Internet services revenue reached $1.32 bn, up 10.8% year-on-year, while global monthly active users hit 742 mln. Xiaomi’s third-quarter R&D investment rose to $1.27 bn, up 52.1%, with total staff reaching 24,871. The company launched its open-source voice model Xiaomi-MiMo-Audio, smart home solutions Xiaomi Miloco and HyperOS 3, strengthening AI capabilities across smartphones, EVs and smart home products.
