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All issuesVolume 323, Issue 3IT Vendor NewsLenovo

Lenovo Delivers Strong Performance Driven By AI - Growth And Momentum Across All Core Businesses

Lenovo News, Thursday, February 20th, 2025

Lenovo announced Q3 results for fiscal year 2024/25, reporting significant increases in overall group revenue and profit.

Lenovo Group Limited together with its subsidiaries ('the Group'), today announced Q3 results for fiscal year 2024/25, reporting significant increases in overall group revenue and profit. Revenue grew 20% year-on-year to US$18.8 billion, marking the third consecutive quarter of double-digit growth. Net income more than doubled year-on-year to US$693 million (including a non-recurring income tax credit of US$282 million) on a Hong Kong Financial Reporting Standards (HKFRS) basis.

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