19 August 2025

Xiaomi reports Q2 revenue up 31% YoY to $16.2B, above ~$16B est., and net income up 75.4% to ~$1.6B driven by EV sales, as its smartphone business slows down (Linda Lew/Bloomberg)

Linda Lew / Bloomberg:
Xiaomi reports Q2 revenue up 31% YoY to $16.2B, above ~$16B est., and net income up 75.4% to ~$1.6B driven by EV sales, as its smartphone business slows down  —  Xiaomi Corp.'s quarterly revenue rose a slightly better-than-anticipated 31% after the successful launch of its second electric …

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