Xiaomi shared its Q1 2025 financial report, and the number shows an increase in all major divisions within the corporation. Revenue CNY increased to 111.3 billion ($ 15.4 billion), which represents an increase in year-by-year, while the net profit exceeded 64% and reached $ 1.48 billion.
Research and development expenses increased by more than 30% and now increased to $ 930 million with Xiaomi’s portfolio, which is now more than 43,000 patents worldwide. About half (47.7%) of all Xiaomi employees work in the R&D area.
Smartphone and Aot Division, which is a large earner of Xiaomi, brought to revenue in $ 12.8 billion – 22% improvement on an annual basis.
Source: Canalis
By March 2025, Xiaomi has a 718.8 million global monthly active user (MAU) in smartphones and tablet domains, which represents a jump of 9.2% compared to the previous year. The brand maintained its position as a top -3 company in terms of global smartphone shipment for 19 consecutive quarters and led the Chinese market in terms of total shipment.
Xiaomi’s global and mainland China smartphone shipment
Xiaomi also revealed that by April, it invested more than CNY 13.5 billion ($ 1.87 billion) in the development of its Xring O1 chipset, which made her debut at Xiaomi 15S Pro and Pad 7 Ultra. The brand is reporting the growing appearance in the flagship smartphone segment in China as it is now a quarter of the premium device market.
Xiaomi is now a top-three brand in the Global Tablet market with 3.1 million shipments and 8.3% market share in Q1.
It also led the global wareball market for the January -March period. It is the second leading TWS player on the world stage and number one in China.
Xiaomi Wearables and TWS Shipment ranking
Xiaomi also revealed 943.7 million connected IOT devices (not including smartphones, tablets and laptops) and add more than 1000 new offline stores to the mainland China. Revenue from the electric vehicle (EV) division increased to $ 2.5 billion.
Xiaomi sent 75,000 SU7 series to EVS to its domestic market during Q1, which brings over 250,000 to the total SU7 shipment.
