Xiaomi reports Q2 2026 earnings on August 18.
Institutional consensus projects revenue of RMB 108.823 billion, a 6.15% year-over-year decrease. Earnings per share are expected to fall 55.67% to RMB 0.200.
The market is monitoring four core segments: smartphones, AIoT, internet services, and smart electric vehicles.
Smartphone shipments face a projected decline. Goldman Sachs estimates smartphone gross margins at 8.2% due to rising memory chip costs.
The automotive segment delivered approximately 104,000 units during the second quarter.