Xiaomi Group 2025 Financial Report: Record Revenue of 457.3B Yuan, EV Business Revenue Soars 223.8%

Xiaomi Group 2025 Financial Report: Total revenue reached 457.3 billion yuan, a year-on-year increase of 25%. Adjusted net profit was 39.2 billion yuan, a year-on-year increase of 43.8%, both setting new historical records. Revenue from innovative businesses including smart electric vehicles and AI reached 106.1 billion yuan, a year-on-year increase of 223.8%, with annual new vehicle deliveries reaching 411,082 units. Annual R&D investment reached 33.1 billion yuan, with total R&D personnel reaching 25,457, both setting new historical records. Cumulative investment over the past five years reached 105.5 billion yuan. Xiaomi MiMo large model...