Emir BardakçıXiaomi Group has delivered outstanding financial performance in Q2 2025, achieving remarkable revenue of 116 billion yuan ($15.9 billion USD), representing a substantial 30.5% year-over-year growth that surpassed all market expectations. The technology giant demonstrated exceptional strength across multiple business segments, with smartphone shipments securing top-three positions in 60 countries and regions worldwide. Vehicle deliveries reached an unprecedented 81,302 units, establishing new company records and reinforcing Xiaomi’s successful transition into the automotive sector.
Record-Breaking Financial Performance
The company’s adjusted net profit soared to 10.8 billion yuan ($1.48 billion USD), marking a remarkable 75.4% year-over-year increase and achieving an all-time high. Operating profit reached 13.44 billion yuan while net profit totaled 11.90 billion yuan, demonstrating Xiaomi’s enhanced operational efficiency and market dominance. The gross profit margin improved to 22.5%, exceeding expectations of 22.3% and reflecting the company’s strategic focus on premium products.
Automotive Division Achieves Milestone Success
Xiaomi’s smart electric vehicle division generated impressive revenue of 20.6 billion yuan ($2.83 billion USD) in Q2 2025. The automotive segment delivered 81,302 vehicles during the quarter, with cumulative deliveries surpassing 300,000 units by July 2025. The innovative business divisions, including electric vehicles and AI, achieved a combined gross profit margin of 26.4%, showcasing the profitability potential of Xiaomi’s diversification strategy.
Global Smartphone Market Dominance
Smartphone revenue reached 45.52 billion yuan ($6.25 billion USD) with shipments totaling 42.4 million units, marking the eighth consecutive quarter of year-over-year growth. Key market achievements include:
- 24.7% market share in China’s premium 4,000-5,000 yuan segment (first place)
- 15.4% share in the 5,000-6,000 yuan segment (6.5 percentage point increase)
- Second place ranking in Europe
- First place position in Southeast Asia
- Strong second place in Middle East and Latin America
Smart Home and IoT Ecosystem Expansion
The smart home appliances division experienced explosive 66.2% year-over-year revenue growth, with air conditioner shipments exceeding 5.4 million units. The AIoT platform now connects 989.1 million devices (excluding smartphones, tablets, and laptops), representing a 20.3% annual increase. Monthly active users reached a record 731.2 million globally in June 2025, growing 8.2% year-over-year.
Innovation Investment and Future Growth
Xiaomi invested 7.76 billion yuan ($1.07 billion USD) in research and development during Q2 2025, representing a 41.2% year-over-year increase. The company plans to invest 30 billion yuan throughout 2025, with R&D personnel reaching a record 22,641 employees. Internet services revenue grew 10.1% to 9.1 billion yuan with an impressive 75.4% gross profit margin.
Source: IT Home
