Xiaomi Corp.: Xiaomi is a public consumer technology company covering smartphones, IoT, internet services, HyperOS, and EVs. FY2025 revenue was RMB457.3B, about $63.2B.
Xiaomi Corp.: Key Facts
| Company Name | Xiaomi Corp. |
|---|---|
| Founded | 2010 |
| Founder(s) | Lei Jun, Lin Bin, Li Wanqiang, Hong Feng, Wang Chuan, Liu De, Zhou Guangping, Huang Jiangji |
| Headquarters | Beijing, China |
| Industry | Consumer Electronics, Smartphones, IoT, Internet Services, and Electric Vehicles |
| CEO / Lead Executive | Lei Jun |
| Employees | 56,531 |
| Revenue | $63.2B in FY2025 |
| Net Income | RMB41.6B profit attributable (about $5.8B) |
| Status | Public |
| Stock Symbol | 1810 (HKEX) |
| Website | https://www.mi.com |
Xiaomi has become more than a smartphone value brand. FY2025 revenue reached RMB457.3B, profit attributable reached RMB41.6B, and the company is now scaling a three-part strategy around smartphones, AIoT and internet services, and electric vehicles under the Human x Car x Home ecosystem.
What Is the History of Xiaomi Corp.?
Xiaomi was founded in 2010 in Beijing and began with MIUI software before launching smartphones priced aggressively against premium Android competitors.
The company grew through online sales, fan communities, value pricing, international expansion, and a broad IoT ecosystem that made Xiaomi more than a phone brand.
By FY2025, Xiaomi had reached RMB457.3B in revenue and was scaling EVs as the newest node in a connected ecosystem built around HyperOS.
How Does Xiaomi Make Money?
Xiaomi earns from smartphones, IoT products, internet services, and electric vehicles. Hardware drives user scale, while software, advertising, subscriptions, app distribution, cloud, and ecosystem services improve monetization.
The EV push extends the same logic to cars: the SU7 and YU7 are not just vehicles, but connected devices inside Xiaomi Human x Car x Home ecosystem.
Xiaomi Revenue and Financials
Xiaomi reported FY2025 revenue of RMB457.286687B, shown as about $63.2B, and profit attributable to owners of RMB41.643389B. Smartphone x AIoT and internet services remained the foundation, while smart EV and other new initiatives became large enough to change the company revenue mix. Q1 2026 revenue rose 47.4% year over year to RMB111.3B, showing continued momentum after the FY2025 step-up.
Xiaomi Strategy
Xiaomi strategy is to deepen the Human x Car x Home ecosystem, use HyperOS as the software layer, grow premium smartphones, expand IoT and lifestyle attach, monetize internet services, and scale SU7 and YU7 electric vehicles without losing its value-brand advantage.
Xiaomi outlook depends on premium smartphone execution, EV production scaling, HyperOS ecosystem stickiness, international expansion, and the ability to preserve profitability while funding automotive growth. The upside is a multi-device consumer technology platform; the risk is that EV capital intensity and fierce Android competition pressure margins.
Xiaomi Timeline
Lei Jun and co-founders establish Xiaomi in Beijing and release MIUI as the first product. [source]
Xiaomi launches its first smartphone, using aggressive pricing and online fan engagement. [source]
Xiaomi expands internationally and becomes one of the most valuable private technology startups of its era. [source]
Xiaomi lists on the Hong Kong Stock Exchange under stock code 1810. [source]
Xiaomi unveils HyperOS as the operating system layer for phones, IoT products, and cars. [source]
Xiaomi begins delivering the SU7 electric vehicle, making smart EVs a major strategic pillar. [source]
Xiaomi reports FY2025 revenue of RMB457.286687B and profit attributable of RMB41.643389B. [source]
Xiaomi reports Q1 2026 revenue of RMB111.3B, up 47.4% year over year. [source]
