Xiaomi posts record-high revenue in Q2 as smartphone, EV shipments rise

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Xiaomi posts record-high revenue in Q2 as smartphone, EV shipments rise

August 20, 2025, 08:41 AM

Xiaomi follows up on its record-setting Q1 with a similarly strong Q2 result this year. Total revenue for the Xiaomi group reached a record high of CNY 116 billion, which is a 30.5% increase compared to the second quarter last year. The smartphone business remains Xiaomi’s biggest segment, followed by IoT and Lifestyle products, but the combined Smart EV, AI and Other New Initiatives segment is growing quickly.

Impressively, this is the fifth consecutive quarter of year-over-year (YoY) growth of over 30%. This is also the third consecutive quarter with revenues of over CNY 100 billion....

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