Xiaomi's Profit Increased 2.3 Times in Third Quarter

Xiaomi, a Chinese company, increased its net profit by 2.3 times in the third quarter of 2025, outperforming market forecasts. The company's total revenue grew by 22.3% to reach $1.72 billion.

The primary driver of this success was the significant growth in sales from the electric vehicle and new technologies segment. Revenue from this segment tripled, setting a record high for the company.

Xiaomi also achieved a record in electric vehicle deliveries, which rose by 2.7 times. Meanwhile, despite a slight decline in smartphone sales, overall numbers outperformed the previous year.

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