Huawei has released its 2025 annual report, and the headline number is simple: revenue grew by 2.2% year on year to CNY880.9 billion, which is about $126.0 billion based on the company’s stated exchange rate. Huawei said the result was “in line with forecast,” and it also reported net profit of CNY68.0 billion for the year. The report was published on March 31, 2026, making this one of the newest and most important updates in the global technology sector right now.
This matters because Huawei is not just a phone company. It is a major player in telecom equipment, cloud, smart devices, digital power, and automotive technology. A small revenue rise may look modest, but in Huawei’s case it shows how the company is still growing while facing strong competition, export limits, and a changing market. The latest figures also show where Huawei is getting strength and where it is still under pressure.
The Main Numbers in Simple Words
The biggest point is that Huawei’s revenue reached CNY880.9 billion in 2025, up from CNY862.1 billion in 2024. That means the company added nearly CNY18.9 billion in new revenue in one year. Profit also improved, with net profit rising to CNY68.0 billion from CNY62.6 billion in 2024. In other words, Huawei did not just sell more; it also kept earning well.
At the same time, the growth rate slowed sharply compared with 2024, when Huawei had reported 22.4% revenue growth. So while the company is still expanding, it is doing so at a much slower pace than a year earlier. That slowdown is important because it shows the business is moving from a fast recovery phase into a more stable and careful growth phase. That is an inference from the year-over-year figures and Huawei’s own explanation of its business mix.
Why the Growth Slowed
Huawei’s latest report shows that some of its biggest businesses grew only a little. The consumer segment increased by 1.6%, and the ICT infrastructure segment grew by 2.6%. These are positive numbers, but they are not fast enough to drive a big overall jump by themselves. At the same time, Huawei’s cloud computing business fell by 3.5%, which also held back total growth.
Reuters reported that the company’s core infrastructure network business and consumer devices business posted modest gains, while cloud computing declined. That combination helps explain why total revenue rose, but only slightly. In simple terms, Huawei had a mixed year: some lines were healthy, some were soft, and the final result was a small but still positive increase.
Consumer Business Is Still Recovering
Huawei’s consumer business is important because it includes phones and other personal devices that many people know the brand for. In 2025, this segment reached CNY344.5 billion, up from CNY339.0 billion in 2024. The company said the consumer business worked through “formidable challenges” and helped drive the HarmonyOS ecosystem forward.
This is a sign that Huawei’s consumer side is still healing after earlier sanctions and supply problems. Reuters noted that the consumer division had been recovering after a sharp downturn caused by U.S. sanctions in 2021. So the latest numbers suggest the consumer business is not booming, but it is no longer falling apart either. That makes it one of Huawei’s most important recovery stories.
ICT Infrastructure Remains a Core Strength
Huawei’s ICT infrastructure business, which includes telecom and network products, brought in CNY375.0 billion in 2025, up 2.6% from 2024. This remains the company’s largest business segment, and it still acts like the backbone of Huawei’s overall revenue base.
In its annual report, Huawei said its connectivity business faced the impact of industry investment cycles, but it still worked with carriers and partners around the world to push 5G-A development. The company also said that by the end of 2025, the number of 5G-A users worldwide had exceeded 60 million, and that the number of gigabit users around the world exceeded 450 million. These details show that Huawei remains deeply involved in the next stage of telecom infrastructure, even if growth is now slower than in some past years.
Cloud Was a Weak Spot
Huawei Cloud did not have a strong year. Revenue in the cloud computing segment fell 3.5% to CNY32.2 billion. The annual report says Huawei Cloud focused on core services and improved competitiveness, but the numbers still show pressure in this business.
This weak cloud result matters because cloud is one of the most competitive areas in tech. Big rivals in China and abroad are fighting for enterprise customers, AI workloads, and government contracts. Huawei’s report suggests the company is trying to stay focused and efficient in cloud rather than chasing growth at any cost. That is a reasonable reading of the reported figures and the company’s own comments about core services.
The Auto Business Grew Fast
One of the strongest bright spots in Huawei’s report is its intelligent automotive solutions business. Revenue in that segment jumped 72.1% to CNY45.0 billion in 2025, up from CNY26.2 billion in 2024. That is a very strong increase and one of the clearest signs of where Huawei is finding momentum.
Huawei said this unit grew rapidly and that its automotive solutions continued to improve. The report also says the company shipped more than 38 million intelligent automotive components during the year. Reuters likewise highlighted the auto business as a major driver, with autonomous driving technology being integrated into a growing number of car models. This shows Huawei is becoming more important in the smart car world, not just in phones and networks.
Digital Power Also Helped
Another strong part of Huawei’s business was digital power. Revenue in this segment rose 12.7% to CNY77.3 billion. Huawei describes this area as a quality-first business, and the report also says its digital power solutions have helped customers generate more than 2 trillion kWh of green power.
This is important because it shows Huawei is not only selling telecom gear and phones. It is also involved in energy systems, renewable power, and green technology. In a time when many governments and companies are trying to cut emissions, this kind of business can become more valuable over time. The latest report suggests digital power is one of Huawei’s steadier growth engines.
Huawei Is Spending Heavily on Research
Huawei’s annual report shows that the company keeps investing heavily in research and development. In 2025, it spent CNY192.3 billion on R&D, which was 21.8% of total revenue. Over the last decade, its total R&D spending has passed CNY1.382 trillion. The company also said that 114,000 employees, or about 53.7% of its workforce, worked in R&D at the end of 2025.
This is one of the clearest signs of Huawei’s long-term strategy. Instead of focusing only on short-term profit, it is putting a huge amount of money into future technology. The report says Huawei is continuing to invest in connectivity, computing, cloud, devices, intelligent driving, and AI. That means the company is trying to build its own strong technology base, even under outside pressure.
Patents, Developers, and Ecosystem Growth
Huawei also pointed to the size of its innovation ecosystem. The annual report says the company held 165,000 active granted patents globally by the end of 2025. It also said the Kunpeng ecosystem had more than 3.8 million developers and the Ascend ecosystem had 4 million developers. Huawei added that it had worked with more than 9,800 partners to develop over 26,000 industry solutions.
These numbers matter because they show Huawei is not working alone. In modern tech, software ecosystems, developer communities, and partner networks are often as important as hardware. Huawei seems to be building around that idea. Its report also says the HarmonyOS community and open source efforts continue to grow, which may help the company keep expanding its technology base in the years ahead.
Revenue by Region Shows a Mixed Picture
Huawei’s regional numbers also tell an interesting story. China remained the biggest market, with revenue of CNY616.2 billion, but growth there was only 0.2%. EMEA, which includes Europe, the Middle East, and Africa, rose 8.8% to CNY161.4 billion. Asia Pacific grew 15.7% to CNY50.1 billion. The Americas grew 2.4% to CNY37.2 billion.
This shows that Huawei is still heavily tied to China, but it is also finding some growth outside its home market. The stronger growth in EMEA and Asia Pacific suggests the company continues to have room in overseas markets, even if some regions remain harder than others. That mix is another reason the company’s total revenue growth stayed positive, though not fast.
What This Means for the Tech Industry
Huawei’s latest report sends a clear message to the tech world: the company is still large, still profitable, and still investing heavily in future technology. But it is also growing more slowly than before. The 2025 numbers show a business that is stable, complex, and changing. Its strongest growth came from smart cars and digital power, while cloud slipped and consumer growth stayed modest.
For the wider tech industry, Huawei’s performance is a reminder that the company is still a major force in telecom infrastructure, AI-related computing, devices, and connected cars. The report also shows that Huawei is trying to build a longer-term technology ecosystem around Ascend, Kunpeng, HarmonyOS, and smart automotive products. That strategy may not produce explosive revenue growth every year, but it can help the company stay important in global tech for a long time.
Final Take
The latest Huawei report is not a story of a huge breakout year. It is a story of steady growth, strong investment, and clear pressure in some areas. Revenue grew 2.2%, profit improved, and R&D spending stayed very high. The best-performing areas were intelligent automotive solutions and digital power, while cloud was weaker and consumer growth was small.
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