Xiaomi has reported considerable financial growth for the third quarter of 2025. The company's net profit more than doubled analysts' expectations, reaching approximately $1.7 billion. Revenue jumped by around 22%, surpassing expert forecasts.
Smartphones remain the core of Xiaomi's business. Although revenue from phone sales logged a slight decline, the volume of sales remained stable. Xiaomi holds about 13-17% of the smartphone market both globally and in China.
The fastest-growing sectors are its new ventures. The Internet of Things (IoT) and consumer electronics have demonstrated steady growth, with Internet services setting a new revenue record. Electric vehicles are the most promising segment: revenue tripled, and deliveries surged nearly threefold, reaching an all-time high.
The company is successfully expanding on a global scale. Founded in 2010, Xiaomi operates in over 100 countries and produces a wide range of products, from smartphones and laptops to televisions, smart devices, and electric vehicles.
