Xiaomi reported a 22.3% increase in revenue to $15.9 billion in the third quarter of 2025, driven by the company’s expansion into the electric vehicle (EV) sector.
However, the company’s results fell short of analysts’ average estimate of $16.4 billion.
Adjusted net profit rose 80.9% year-on-year to $1.59 billion, beating analysts’ estimates of $1.45 billion.
Xiaomi, the world’s third-largest smartphone maker, also makes a wide range of home appliances.
Shares in the Hong Kong-listed company fell 2.8% to HK$41 after the results were released. However, the company has gained 18.2% this year.
