Xiaomi Group released its second-quarter performance announcement on August 18, 2026. In the quarter, Xiaomi achieved revenue of 108.9 billion yuan, once again surpassing the 100-billion mark; adjusted net profit was 6.2 billion yuan, an improvement over the previous quarter.
Xiaomi's four major business segments performed steadily. Among them, the smartphone business generated revenue of 42.1 billion yuan, with global shipments ranking among the top three for 24 consecutive quarters. The IoT and consumer products business recorded revenue of 31.3 billion yuan, with overseas revenue showing rapid growth. The internet services business also performed well, with revenue reaching 9.0 billion yuan and global monthly active users reaching a new high. The innovative business segment, including smart electric vehicles and AI, posted revenue of 24.9 billion yuan, up 17.1% year-on-year.
