Huawei Technologies Co., Ltd.
Financial Performance
Huawei Revenue & Financials
Revenue
~$122.4B (FY2025)
Net Income
~$9.5B
Employees
213,000
What is Huawei's revenue?
Huawei had ~$122.4B in revenue for fiscal year 2025, up 2.2% from 2024. Net income was ~$9.5B.
- Latest revenue
- ~$122.4B (FY2025)
- Year-over-year
- +2.2%
- Growth rate (CAGR)
- 11.1% over 3 years
- Peak revenue
- ~$122.4B (FY2025)
- Years of data
- 4
- Employees
- 213,000
- How much profit does Huawei make?
- Huawei reported net income of ~$9.5B for fiscal year 2025. huawei.com
- How many employees does Huawei have?
- Huawei has about 213,000 employees.
Financial Analysis
Huawei's revenue collapsed from ~$124 billion (CNY 891.4 billion) in 2020 to ~$88.5 billion (CNY 636.8 billion) in 2021 as U.S. restrictions cut off advanced chips and Google services for its phones. It then climbed back: ~$89.3 billion (CNY 642.3 billion) in 2022, ~$97.9 billion (CNY 704.2 billion) in 2023, ~$120 billion (CNY 862.1 billion) in 2024 (+22.4%), and ~$122 billion (CNY 880.9 billion) in 2025 (+2.2%). Net profit was ~$12.1 billion (CNY 87.0 billion) in 2023, fell to ~$8.7 billion (CNY 62.6 billion) in 2024 as investment rose, and recovered to ~$9.45 billion (CNY 68.0 billion) in 2025. Margins came under pressure again in the first half of 2026: revenue rose 9.6% to ~$65 billion (CNY 467.8 billion), but net profit fell 36% to ~$3.31 billion (CNY 23.8 billion) on higher costs and R&D. Huawei publishes audited annual results and issues bonds, but it has no share price or public market capitalization. Huawei is a privately held Chinese multinational technology corporation, operating on a colossal scale with global revenues equivalent to a multi-hundred-billion-dollar valuation.
Revenue Trend Analysis
YoY Change
+2.2%
3-Year CAGR
+11.1%
Peak Year
2025
Trend
Consistent Growth
Huawei Technologies Co., Ltd. has 4 full fiscal year figures on this page, compounding at +11.1% annually over 3 years. The most recent year saw a 2.2% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$122.4B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$122.4B | ~$9.5B | +2.2% | Huawei annual report Calendar year 2025. Revenue +2.2%, net profit +8.6%; operating profit ~$13.5B (CNY 96.9B). |
| FY2024 | ~$119.8B | ~$8.7B | +22.4% | Huawei annual report Calendar year 2024. Net profit fell 28% as investment rose. |
| FY2023 | ~$97.9B | ~$12.1B | +9.6% | Huawei annual report Calendar year 2023. |
| FY2022 | ~$89.3B | — | — | Huawei annual report Calendar year 2022, as restated in the 2023 annual report. |
Click any row to see year details.
Keep researching Huawei
Huawei Revenue and Financial FAQ
What is Huawei's typical annual revenue baseline?
Huawei Technologies Co., Ltd. reported revenue of ~$122 billion (CN¥880.9 billion) for fiscal year 2025, up from ~$120 billion (CN¥862.1 billion) in fiscal 2024.
What is Huawei's net profit margin and annual profitability?
Huawei achieves annual net profits ranging between ~$4.87 billion (CN¥35 billion) and CN¥87 billion ($5B to $12B+ USD), driven by high-margin enterprise cloud contracts, patent licensing income, and the resurgence of premium 5G smartphone shipments.
How much capital does Huawei allocate to Research and Development annually?
Huawei spends over $22.2 billion (CN¥160 billion) to CN¥165 billion ($22B to $23B+ USD) annually on R&D, deploying over 114,000 R&D employees (55% of its total workforce) to secure foundational breakthroughs in chip architecture, AI, and operating systems.
How do the different business segments contribute to Huawei's total revenue?
The Carrier Network business contributes roughly 40% to 45% of total revenues, the Consumer Business generates 35% to 40%, the Enterprise/Cloud segment accounts for 15% to 18%, and Digital Power contributes 5% to 7%.
What is Huawei's cash flow and liquidity position?
Huawei maintains strong cash flow from operating activities, holding significant cash reserves, low foreign currency debt exposure, and access to domestic Chinese banking credit facilities to maintain multi-year capital expenditure programs.
How did US trade sanctions impact Huawei's financial performance from 2019 to 2021?
US Entity List restrictions and semiconductor export curbs caused Huawei's consumer revenues to drop sharply from their peak of ~$124 billion (CN¥891 billion) in 2020 to ~$88.4 billion (CN¥636 billion) in 2021 before the company rebounded via domestic supply chain replacement and business diversification.
How does Huawei distribute profits to its employee shareholders?
Through its Employee Stock Ownership Plan (ESOP), Huawei distributes billions of yuan in annual dividends to eligible participating employees based on company performance and individual performance contributions.
What is Huawei's financial exposure to overseas markets versus domestic China?
Mainland China represents approximately 65% to 70% of Huawei's total revenues, with the remaining 30% to 35% generated across the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region.
Who owns Huawei?
Huawei is famously not a public company. It is officially 100% owned by its employees through a highly complex "trade union" structure. Founder Ren Zhengfei owns roughly 1% of the company, while nearly 100,000 employees hold "virtual restricted shares" that pay massive annual dividends, ensuring intense loyalty and a brutal "wolf culture" work ethic.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Huawei Revenue & Financials." CorpDigest, https://corpdigest.com/company/huawei/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Huawei reported ~$122.4B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/huawei/financials" target="_blank" rel="noopener">CorpDigest — Huawei financials</a></div>Related Financial Audits
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