Xiaomi Achieves Record Q1 2025 Performance with Over RMB 100B Revenue, Soaring Profits, and Breakthroughs in EVs, AI, and Chip Technology

Published: 29 May 2025

Author: Precedence Research

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May 27, 2025

Xiaomi Corporation achieved a stunning first quarter in 2025, generating RMB111.3 billion in revenue and an adjusted net profit of RMB10.7 billion, which is greater than RMB10 billion for the first time. It means that Xiaomi earned 47.4% more revenue this year than last and 64.5% more profit, which shows its strategy for selling premium products and expanding in new areas, including EVs, smart appliances, and AI was successful.

Xiaomi’s remarkable results follow its recent success in China’s smartphone market, accelerated progress in IoT and EV sales, and its first launch of a 3nm chip through investing RMB200 billion into research and development over the next five years and aiming for important advances in chip design, AI and operating systems. Furthermore, Xiaomi is laying a strong base for leading the tech industry worldwide.

Key Highlights

Smartphone Leadership and Premium Strategy

Smartphone revenue grew 8.9% YoY to RMB50.6 billion.
Global shipments: 41.8 million units.

Smart EV & New Business Expansion

EV and new initiative revenue reached RMB18.6 billion.
SU7 became the top-selling model above RMB200,000 in April.
YU7 luxury SUV to launch soon, expanding premium EV footprint.

R&D and Tech Innovation Push

Over 21,700 R&D personnel and 43,000 patents globally.
RMB200 billion earmarked for R&D investment over the next 5 years.

Statement from Xiaomi’s Leader

Lei Jun, Founder and CEO of Xiaomi

“We are proud to begin 2025 with exceptional performance across all business lines. From reclaiming leadership in smartphones to accelerating our premium EV rollout and unveiling the XRING O1 chip, Xiaomi is shaping the future of intelligent living. Our continued investment in R&D and core technology is building a powerful, innovation-driven foundation for Xiaomi’s next phase of global growth.”