Xiaomi Releases Q3 2025 Financial Report: Continued Revenue Growth and Expansion
Xiaomi has released its financial results for the third quarter of 2025, demonstrating robust performance and continued expansion across multiple product categories. The report highlights the company’s sustained financial success, marking the fourth consecutive quarter with revenues exceeding CNY 100 billion.
Smartphone Business Performance:
The smartphone segment remains a significant contributor to Xiaomi’s revenue. During Q3 2025, the company shipped 43.3 million units globally, representing its ninth consecutive quarter of growth. Xiaomi maintains a strong market position, ranking among the top three global smartphone vendors and holding the second-largest market share in China. Revenue from the smartphone division reached CNY 46 billion. A notable trend is the increasing demand for higher-end devices within the CNY 4,000-6,000 price range (approximately $560-$845), which accounted for 18.9% of total shipments, a 5.6 percentage point increase year-over-year.
The recently launched Xiaomi 17 series has experienced strong initial sales. In its first month of availability, the series surpassed the sales figures of the Xiaomi 15 series by nearly 30%. The Xiaomi 17 Pro and 17 Pro Max models have proven particularly popular, accounting for over 80% of total sales within the 17 series lineup.
Diversification and Emerging Categories:
Beyond smartphones, Xiaomi’s TWS (True Wireless Stereo) earbuds hold the second-highest global market share and lead the market in China. The company’s tablet offerings are positioned in the top five globally and within the top three in China.
Electric Vehicle (EV) Segment:
Xiaomi’s electric vehicle division has demonstrated promising results. In October, the company achieved 40,000 vehicle deliveries. The Xiaomi YU7 SUV secured the top position in sales within the Chinese SUV market for the same month.
Investment in Research and Development:
Xiaomi continues to prioritize investment in research and development. In the first three quarters of 2025, the company allocated CNY 23.5 billion to R&D, with CNY 9.1 billion invested in Q3 alone, reflecting a 52.1% increase year-over-year. Xiaomi’s R&D personnel has reached a record high of 24,871 employees.
Recognition:
Xiaomi’s commitment to employee satisfaction was recognized, as the company was named one of the World’s Best Employers of 2025 by Forbes, marking its third appearance on the list.
