Xiaomi Corp Class B

01810: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Xiaomi Earnings: Memory Prices and AI Investment Hit Profitability

Dan Baker

Aug 19, 2026

Xiaomi's second-quarter results were again marred by weakness in its smartphone and lifestyle businesses, alongside investment in artificial intelligence, with consolidated revenue down 6% and underlying operating profit down 52%.

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Xiaomi Corp Class B

Xiaomi Earnings: Memory Prices and AI Investment Hit Profitability

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