Overview
Huawei Technologies reported annual revenue of 880.9 billion yuan for 2025, an increase of 2.2% compared with the previous year. The Shenzhen-based group said this outcome represents its second-highest annual sales total, behind the record 891 billion yuan achieved in 2020.
Segment performance
The company described mixed results across its primary businesses. Revenue from its consumer unit - which includes smartphones and other digital devices - rose 1.6% to 344.5 billion yuan. Its information and communication technology (ICT) infrastructure division, the largest contributor to sales, recorded 2.6% growth, delivering 375 billion yuan in revenue.
Not all divisions expanded. Huawei's cloud computing operation reported a decline in revenue of 3.5% in 2025. In contrast, the intelligent automotive solutions unit, which supports traditional automakers in developing smart vehicles, posted a substantial increase - revenue there surged 72.1% to 45 billion yuan.
Investment and R&D
To address ongoing external constraints, Huawei continued to prioritize research and development. The company increased R&D expenditure to 192.3 billion yuan in 2025, equivalent to 22% of its annual revenue. Huawei said this spending focused on software, chips and manufacturing tools aimed at reducing dependence on restricted foreign technologies.
Context and outlook comment
Huawei noted that 2025 growth represents a marked slowdown from the 22.4% expansion recorded in 2024. The company also recalled the steep downturn experienced earlier in the decade when U.S. sanctions limited access to advanced chips and the Google Android ecosystem; that period contributed to a 29% drop in total revenue in 2021. The firm has since reported four consecutive years of revenue growth following that trough.
In a statement, chairwoman Meng Wanzhou said the company is navigating a future "full of uncertainty" and reiterated Huawei's commitment to nurturing its developer ecosystem.
Exchange rate
The company provided the U.S. dollar conversion using an exchange rate of $1 = 6.9058 Chinese yuan renminbi.
Key takeaways
- Huawei's 2025 revenue rose 2.2% to 880.9 billion yuan, the firm's second-highest annual sales figure.
- Consumer devices and ICT infrastructure delivered modest gains, while the cloud unit posted a revenue decline and the intelligent automotive unit grew sharply.
- R&D investment was substantial at 192.3 billion yuan, equal to 22% of revenue, with a focus on software, chips and manufacturing tools.
Impacted sectors
- Technology hardware and consumer electronics - reflected in the consumer unit and smartphone performance.
- Telecommunications infrastructure - driven by ICT infrastructure results.
- Automotive technology - highlighted by the intelligent automotive solutions unit's large revenue increase.