Xiaomi Corporation · Q1 2026
ReportedMay 26, 2026
Period endedMar 31, 2026
Rule of 40−12
The quarter in short
Revenue $14.32B, down 6.4% year over year and 13.2% on the quarter. EPS $0.13, down 55.2% year over year and 18.8% on the quarter. Free cash flow −$733M, down 13.5% on the quarter. Rule of 40 score −12.
Reported this quarter
Revenue
$14.32B
QoQ −13.2%
YoY −6.4%
EPS
$0.13
QoQ −18.8%
YoY −55.2%
Free Cash Flow
−$733M
QoQ −13.5%
YoY —
Gross Margin
22.0%
QoQ +1.2 pp
YoY −0.8 pp
FCF Margin
-5.1%
QoQ −1.2 pp
YoY −6.7 pp
P/E Ratio
22.5
QoQ −3.5%
YoY −41.0%
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