Huawei Technologies posted a revenue of 880.9 billion yuan ($126 billion) for 2025, a 2.2% increase from 862.1 billion yuan in 2024, reflecting a notable slowdown from a 22.4% surge the previous year. Net profit rose to 68 billion yuan ($9.8 billion), a gain of approximately 8.6% from 62.6 billion yuan in 2024, driven primarily by growth in its automotive technology division.
The automotive solutions segment reported a revenue of 45 billion yuan, marking a 72% increase year-over-year as Huawei expanded its partnerships with Chinese automakers for in-car software and driver-assistance systems. In contrast, the consumer business, encompassing smartphones and wearables, generated 344.5 billion yuan, an increase of just 1.6%, a significant drop from the 38.3% growth experienced in the prior year. According to Bloomberg, Apple’s iPhone 17 gained traction in China late in the year, contributing to a 2% decline in Huawei’s smartphone shipments, although the company retained the leading market position in mainland China for 2025.
Huawei allocated a record 192.3 billion yuan for research and development, which represented 21.8% of total revenue. This investment was aimed at developing self-reliant chip technologies and AI computing infrastructure amidst ongoing U.S. export restrictions. The substantial R&D spending previously impacted first-half net profit, which fell by 32%, but a rebound in the second half enabled a full-year recovery in profits.
Sabrina Meng Wanzhou, Huawei’s rotating chairwoman, characterized the company’s overall performance as “steady” and consistent with forecasts. The 2025 revenue total is the second-highest in the company’s history, following a peak of 891 billion yuan in 2020. As cloud computing revenue grew by just 4.8%, and with pressures in the telecommunications infrastructure market due to cuts in carrier spending, Huawei’s prospects for near-term growth may rest on the success of its automotive and AI chip initiatives to offset declines in mature sectors.
