started · updated
Xiaomi reports strong Q2 2026 results and SU7 vehicle milestones
Xiaomi has reported strong financial results for the second quarter of 2026, with revenue reaching 108.9 billion RMB and an adjusted net profit of 6.2 billion RMB. The company's growth is driven by its 'Human × Car × Home' strategy, spanning smartphones, IoT, and electric vehicles.
In the automotive sector, Xiaomi's first electric sedan, the SU7, has achieved a major milestone by surpassing 500,000 deliveries within 28.5 months of its launch. While the company faces intense competition and a potential slowdown in monthly delivery growth, its second model, the YU7 SUV, has also seen significant success, selling over 110,000 units in the first half of the year. Xiaomi is also planning to expand its electric vehicle presence into the European market.
In the smartphone segment, Xiaomi remains a top-three global manufacturer. Despite rising component costs due to a memory chip crisis, the company's average selling price (ASP) rose 25.9% year-on-year to a record 1,351 RMB. The company's global monthly active users have also reached a record 766.5 million.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The YU7 SUV sold over 110,000 units in the first half of the year. www.motorionline.com
- [● 3 SOURCES] The SU7 reached the 500,000 delivery milestone in 28.5 months. www.autoplus.fr · www.virgilio.it · www.drive.gr
- [● 2 SOURCES] Adjusted net profit for Q2 2026 reached 6.2 billion RMB. www.servicesmobiles.fr · informateca.ro
- [● 2 SOURCES] Xiaomi is preparing to expand its electric vehicle presence into the European market. www.motorionline.com · www.drive.gr
- [● 3 SOURCES] The average selling price (ASP) for smartphones rose 25.9% year-on-year to 1,351 RMB. www.servicesmobiles.fr · informateca.ro · www.movilzona.es
- [● 5 SOURCES] Xiaomi has delivered 500,000 units of its SU7 electric sedan. www.motorionline.com · www.autoplus.fr · www.virgilio.it · www.drive.gr · www.4troxoi.gr
- [● 2 SOURCES] Xiaomi reported Q2 2026 revenue of 108.9 billion RMB. www.servicesmobiles.fr · informateca.ro
- [○ 1 SOURCE] Xiaomi's global monthly active users reached 766.5 million. www.servicesmobiles.fr