As of the end of 2025, Xiaomi generated over 123.2 billion yuan in revenue from their Internet of Things and consumer products. Within eight years, from 2017 to 2025, the company was able to more than quintuple the revenue from this segment from ** billion yuan to *** billion yuan.
A rising tech star
Xiaomi was founded in 2010 in Beijing and since then has developed from a smartphone producer to a holistic consumer electronics producer. Among steadily growing revenue and profits, the company became one of the world’s most valuable tech brands. One aspect of the company’s growth strategy was to not only focus on smartphones, but also expand towards broader consumer electronics. Xiaomi is now established as an industry leader, especially in the smart home market.
Digitalizing the Chinese household
In the Chinese smart home industry, Xiaomi is one of the leading consumer electronics companies. Around one-fourth of the company’s revenue is generated from Internet of Things or consumer products. The app which connects all of Xiaomi’s smart home devices had the largest active user base among all major smart home applications in China. Thereby, the company is leading other Chinese household appliance and consumer electronic enterprises Midea and Haier.
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Xiaomi. (April 20, 2026). Revenue from Internet of Things and consumer products of Xiaomi from 2017 to 2025 (in billion yuan) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/
Xiaomi. "Revenue from Internet of Things and consumer products of Xiaomi from 2017 to 2025 (in billion yuan)." Chart. April 20, 2026. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/
Xiaomi. (2026). Revenue from Internet of Things and consumer products of Xiaomi from 2017 to 2025 (in billion yuan). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/
Xiaomi. "Revenue from Internet of Things and Consumer Products of Xiaomi from 2017 to 2025 (in Billion Yuan)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 20 Apr 2026, /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/
Xiaomi, Revenue from Internet of Things and consumer products of Xiaomi from 2017 to 2025 (in billion yuan) ÌÇÐÄÆÆ½â°æ, /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/ (last visited July 30, 2026)
Revenue from Internet of Things and consumer products of Xiaomi from 2017 to 2025 (in billion yuan) [Graph], Xiaomi, April 20, 2026. [Online]. Available: /statistics/1185036/xiaomi-income-from-iot-and-consumer-products/