Xiaomi (1810 HK) Q4 (CNY): Revenue 116.92bln (exp. 116.3bln). Adj. Net 6.35bln (exp. 5.78bln). In 2025, global smartphones reached 165.2mln units, smartphone revenue 186.4bln

Xiaomi's Q4 results show a revenue beat against expectations, indicating stronger-than-anticipated demand and potentially improving market sentiment around their growth trajectory. The adjusted net profit also surpassed estimates, suggesting better operational efficiency or product mix. This positive performance could bolster confidence not only in Xiaomi but may also have a favorable ripple effect across the technology hardware sector in Asia.