Revenue from Innovative Businesses Including Automobiles and AI Reaches 29 Billion Yuan; Xiaomi Auto's November Deliveries Exceed 40,000 Unit

On December 1st, we learned from Xiaomi Auto officials that its delivery volume in November exceeded 40,000 units. It is revealed that the data is sourced from the Xiaomi Auto Data Center, with the statistical period from 00:00 on November 1st to 24:00 on November 30th, 2025, based on the actual delivery of all-series vehicles.

Shortly before this, Xiaomi Group released its Q3 2025 financial report. In this quarter, Xiaomi Group achieved a total revenue of 113.1 billion yuan, exceeding 100 billion yuan for four consecutive quarters, with a year-on-year growth of 22.3%. The adjusted net profit stood at 11.3 billion yuan, representing a year-on-year increase of 80.9%.

Revenue from innovative businesses such as smart electric vehicles and AI reached 29 billion yuan, with 108,796 new vehicles delivered in the quarter. R&D investment amounted to 9.1 billion yuan, a year-on-year growth of 52.1%, and the full-year investment is expected to exceed 30 billion yuan. The total number of R&D personnel reached 24,871.

Notably, the quarterly delivery of automobiles surpassed 100,000 units, marking the first time the segment achieved quarterly profitability. Revenue from innovative businesses including smart electric vehicles and AI surged by over 199% year-on-year to 29 billion yuan. With 108,796 new vehicles delivered in the quarter, the Xiaomi YU7 (Specs | Inquiry) ranked first in domestic SUV sales in October. Xiaomi has continued to expand its sales and service network, with 402 auto sales stores opened in 119 cities across mainland China.