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Xiaomi Group: Group revenue and earnings hit record highs in the second quarter

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2025-08-19 09:38:50
On August 19, Xiaomi Group (01810.HK) announced its second quarter financial results. In the second quarter of 2025, Xiaomi Group's total revenue was RMB 116 billion yuan, a record high, an increase of 30.5% year-on-year. In the second quarter, Xiaomi smartphone shipments were 424 million units, an increase of 0.6% year-on-year, and the year-on-year growth was achieved for 8 consecutive quarters. As of June 30, 2025, the number of connected IoT devices (excluding smartphones, tablets and laptops) on Xiaomi Group's AIoT platform grew to 989 million, an increase of 20.3% year-on-year. In the second quarter of 2025, Xiaomi Group delivered a total of 81,302 new cars, setting a new record high, and the revenue of smart electric vehicles was RMB 20.60 billion yuan.
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