Xiaomi's employee count decreased from 56,531 at the end of 2025 to 52,876, a reduction of 3,655 people in half a year; R&D personnel decreased by 500.
According to Caicai magazine, Xiaomi Home has closed more than 2,000 stores within half a year.
Xiaomi announced its 2026 interim results: net profit of 14.2 billion yuan in the first half of the year, and net cash flow from operating activities of 2.05 billion yuan; the report also disclosed that revenue in the second quarter exceeded 100 billion yuan.
Xiaomi's interim results show that its auto business posted an operating loss of 5.7 billion yuan in the first half of the year; 104,199 vehicles were delivered in the second quarter, generating revenue of 23.9 billion yuan.
Since 2026, Xiaomi has spent 11.7 billion Hong Kong dollars to repurchase shares, with an average repurchase price of 30.9 Hong Kong dollars per share.
Xiaomi's disclosed capital expenditure plan shows that total spending for the full year of 2026 will exceed 40 billion yuan, with approximately 18.2 billion yuan already spent in the first half of the year.
Xiaomi placed 800 million shares to institutions at HKD 53.25 per share, raising approximately HKD 42.5 billion.