Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Mainland China Revenue	297.16B	212.56B	149.19B
Mainland China Revenue Growth	39.80%	42.48%	4.87%
Rest of the World Revenue	152.22B	153.34B	121.78B
Rest of the World Revenue Growth	-0.74%	25.92%	-11.62%

Revenue

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Smartphones Revenue	193.41B	191.76B	157.46B
Smartphones Revenue Growth	0.86%	21.78%	-5.83%
IoT and Lifestyle Products Revenue	129.47B	104.10B	80.11B
IoT and Lifestyle Products Revenue Growth	24.37%	29.95%	0.39%
Internet Services Revenue	36.89B	34.12B	30.11B
Internet Services Revenue Growth	8.14%	13.31%	6.31%
Other Related Business Revenue	4.08B	3.17B	3.29B
Other Related Business Revenue Growth	28.67%	-3.63%	-30.08%
Smart EV and Other New Initiatives Revenue	85.52B	32.75B	-
Smart EV and Other New Initiatives Revenue Growth	161.09%	-	-

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Smartphones Gross Profit	22.78B	24.25B	22.98B
Smartphones Gross Profit Growth	-6.09%	5.54%	53.52%
IoT and Lifestyle Products Gross Profit	29.81B	21.09B	13.08B
IoT and Lifestyle Products Gross Profit Growth	41.35%	61.27%	13.74%
Internet Services Gross Profit	28.19B	26.15B	22.33B
Internet Services Gross Profit Growth	7.82%	17.07%	9.77%
Other Segment Gross Profit	-1.60B	-982.89M	-916.89M
Smart EV and Other New Initiatives Gross Profit	20.72B	6.05B	-
Smart EV and Other New Initiatives Gross Profit Growth	242.41%	-	-

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Smartphone Shipments	170.30M	168.60M	146.10M
Smartphone Shipments Growth	1.01%	15.40%	-4.32%
Smartphone Average Selling Price per Unit (ASP)	-	1.14K	1.08K
Smartphone Average Selling Price per Unit (ASP) Growth	-	5.22%	-2.66%
AIoT Connected Devices	1.04B	904.60M	739.70M
AIoT Connected Devices Growth	14.47%	22.29%	25.50%
Users with 5 or More Devices Connected to AIoT Platform	21.60M	18.30M	14.50M
Users with 5 or More Devices Connected to AIoT Platform Growth	18.03%	26.21%	25.00%
Mi Home App Monthly Active Users (MAU)	114.60M	100.80M	85.80M
Mi Home App Monthly Active Users (MAU) Growth	13.69%	17.48%	13.19%
Global Monthly Active Users (MAU)	741.70M	702.30M	641.20M
Global Monthly Active Users (MAU) Growth	5.61%	9.53%	10.15%
Mainland China Monthly Active Users (MAU)	187.30M	172.90M	155.60M
Mainland China Monthly Active Users (MAU) Growth	8.33%	11.12%	8.28%

Updated Sep 30, 2025. Data Source: Fiscal.ai.