Xiaomi Hits Record Highs in Revenue and Profit, EV Business Shines

小米收入利润双创新高，汽车业务崭露头角

Xiaomi reported a record-breaking Q1 2025, with revenue reaching RMB 111.3 billion, up 47.4% year-on-year, and net profit surpassing RMB 10 billion for the first time.

小米公布2025年第一季度创纪录的业绩，收入达1113亿元，同比增长47.4%，净利润首次突破百亿元。

The smartphone and AIoT business contributed RMB 92.7 billion, while new businesses including electric vehicles and AI generated RMB 18.6 billion.

手机与AIoT业务贡献927亿元，智能电动汽车及AI等新兴业务收入达186亿元。

Smartphone shipments reached 41.8 million units, with revenue rising 8.9%.

智能手机出货量达4180万台，收入同比增长8.9%。

Smart home appliances revenue surged by 113.8%, reflecting success in product diversification.

智能大家电收入激增113.8%，显示出产品多元化战略奏效。

R&D investment rose to RMB 6.7 billion, with over 21,731 engineers, highlighting Xiaomi’s commitment to innovation.

研发投入增至67亿元，研发人员突破21731人，彰显小米对创新的坚定投入。