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Xiaomi shared its Q1 2025 monetary report, and the numbers present progress throughout all key divisions inside the company. Revenues soared to CNY 111.3 billion ($15.4 billion), which represents a 47% year-on-year progress, whereas web income grew by over 64% and reached $1.48 billion.
Analysis and growth bills rose by over 30% and now quantity to $930 million with Xiaomi’s portfolio now boasting over 43,000 patents worldwide. Almost half of all Xiaomi staff (47.7%) work within the R&D area.
The smartphone and AIoT division, which is Xiaomi’s large earner, introduced in $12.8 billion in income – a 22% enchancment on the yearly foundation.
Supply: Canalys
As of March 2025, Xiaomi has over 718.8 million international month-to-month lively customers (MAU) throughout the smartphone and pill domains, which represents a 9.2% soar in comparison with final 12 months. The model retained its standing as a top-3 firm by way of international smartphone shipments for 19 consecutive quarters and led the Chinese market by way of whole shipments.
Xiaomi’s international and Mainland China smartphone shipments
Xiaomi additionally revealed that as of April, it invested over CNY 13.5 billion ($1.87 billion) within the growth of its Xring O1 chipset, which made its debut on the Xiaomi 15S Professional and Pad 7 Extremely. The model is reporting a rising presence within the flagship smartphone section in China because it now holds 1 / 4 of the premium gadget market.
Xiaomi is now a top-three model within the international pill market with 3.1 million shipments in Q1 and an 8.3% market share.
It additionally led the global wearables market for the January–March interval. It’s the second main TWS participant on the world stage and primary in China.
Xiaomi wearables and TWS shipments rankings
Xiaomi additionally disclosed 943.7 million linked IoT units (not together with smartphones, tablets and laptops) and added over 1000 new offline shops throughout mainland China. Revenues from the electrical car (EV) division grew to $2.5 billion.
Xiaomi shipped over 75,000 SU7 series EVs in its dwelling market throughout Q1 which brings the full SU7 shipments to over 250,000.