Archive · 19 Aug 2025
Xiaomi's Revenue Soars, Fueled by Electric Vehicle Sales
Xiaomi, a Chinese tech company known for smartphones, reported strong financial results.
Its revenue increased by over 30% in the second quarter, boosted by sales of its new electric SUV.
The company's profit also saw a significant jump.
While the financial results are positive, the stock price dipped slightly, though it is still up significantly this year.
Xiaomi also launched a new phone and hinted at upcoming flagship products.
Xiaomi's second-quarter revenue increased by 30.5%, driven by strong EV orders.
Revenue for the quarter ending June 30 reached 116 billion yuan ($16.16 billion).
Adjusted net profit surged by 75.4% year-on-year to 10.8 billion yuan.
The company's Hong Kong-listed shares closed down 1.2% at 52.4 Hong Kong dollars.
Xiaomi's stock has risen 52% this year.
- Who
- Xiaomi Corp., its investors, and financial analysts.
- What
- Xiaomi's second-quarter financial results, including revenue and profit, and stock performance.
- When
- The second quarter ended June 30; the report was released Tuesday.
- Where
- Primarily concerning Xiaomi's global market performance.
- Why
- To report on the company's financial health and performance in the market.
Smartphone Demand
EV Business
Demand Trends
Smartphone Demand
Smartphone demand may face strain with downside risks to market expectations.
EV Business
The slowdown in smartphone demand is an industry-wide trend.
- Second-Quarter Revenue Growth
- 30.5%
- Revenue (Q2)
- 116 billion yuan ($16.16 billion)
- Adjusted Net Profit (Year-on-year)
- 75.4%
- Adjusted Net Profit
- 10.8 billion yuan
- Stock Performance
- Up 52% year-to-date
