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Xiaomi Q3 Earnings: Revenue Growth Amid EV Expansion

Xiaomi Q3 Earnings: Revenue Growth Amid EV Expansion

Author:

Global Cryptocurrency

Published:

2025-11-18 10:54:02

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BTCCSquare news:

Xiaomi's third-quarter revenue climbed 22.3% year-over-year to 113.1 billion yuan ($15.90 billion), though it fell short of analyst expectations of 116.5 billion yuan. Adjusted net profit surged 80.9% to 11.3 billion yuan, outperforming estimates of 10.3 billion yuan. Despite the earnings beat, Hong Kong-listed shares dropped 2.81% to 41 Hong Kong dollars.

The company marked a significant milestone with its first quarterly profit from the electric vehicle segment, signaling progress in its ambitious pivot beyond smartphones. Xiaomi continues to balance its Core consumer electronics business with high-stakes investments in automotive technology.

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