Overview
- Xiaomi’s net profit fell to 6.5 billion yuan in the fourth quarter of 2025, down 27% from a year earlier and 47% from the prior quarter.
- Full‑year 2025 revenue reached 457 billion yuan, with reported net profit of 41.57 billion yuan and an adjusted figure of 39 billion yuan cited by outlets.
- The quarter came under pressure from smartphone softness and higher memory‑chip costs, as shipments fell 11.6% to 37.7 million and segment revenue dropped 13.6% to 44.3 billion yuan.
- The EV and AI segment delivered 411,082 vehicles in 2025 and generated 106.1 billion yuan in revenue, with the car unit posting 0.9 billion yuan in income for the year.
- Xiaomi set a 2026 delivery target of 550,000 vehicles, signaling a greater reliance on cars to drive growth as China’s phone demand stays weak.