本报讯 （记者向炎涛）2月12日，联想集团（以下简称"联想"）发布截至2025年12月31日的2025/2026财 年第三财季业绩。该财季集团营收达到1575亿元，同比增长超过18%，再创历史新高；经调整后的净利 润同比增长36%，远超市场预期。 本财季，联想集团三大业务全部实现双位数强劲增长：IDG智能设备业务集团营收超过1100亿元，同比 增长14.3%；ISG基础设施方案业务集团营收达到367亿元，同比增长超31%；SSG解决方案与服务业务 集团营收同比增长18%，运营利润率进一步提升至22.5%。 与此同时，AI相关业务已成为联想集团重要增长引擎。第三财季，联想AI相关营收同比增长72%，占集 团总营收比重提升至32%。 在个人智能领域，联想押注个人AI双胞胎，并以超级智能体构建差异化竞争壁垒。第三财季，联想正 式发布超级智能体联想Qira，标志着构建跨平台、跨设备统一AI终端入口迈出关键一步。在这个过程 中，联想集团持续巩固AI PC全球领先地位，并扩展AI设备装机规模，为个人超级智能体构建最广泛的 入口基础。 在企业智能领域，联想在混合式AI优势集的框架下，帮助企业打造企业超级智能体，释放AI商业 ...

第三财季，联想企业智能布局已覆盖AI应用库、AI技术平台、AI基础设施与AI服务四大层面：不仅正 式发布联想xIQ技术平台，打造企业AI核心技术底座，还与英伟达联合推出AI云超级工厂计划，并开始 交付新一代GPU服务器。在服务层面，联想端到端AI服务持续放量，显示企业AI正从试点阶段加速迈 向规模化商用。 2月12日，联想集团公布截至2025年12月31日的2025/2026财年第三财季业绩：营收达到1575亿元人民 币，同比增长超过18%；经调整后的净利润同比增长36%。 第三财季，联想集团AI相关营收同比增长72%，占集团总营收比重提升至32%。联想集团董事长兼CEO 杨元庆表示，AI相关营收已经占到联想集团整体营收的近三分之一，真正成为了增长的重要引擎。 其中，AI PC营收实现高双位数增长，AI智能手机营收实现三位数增长，AI服务器营收实现高双位数增 长，AI服务营收实现了三位数增长，推动联想集团业务结构持续向高价值方向演进。 "面向未来，我们坚信AI普及普惠是不可逆转的时代趋势。"杨元庆表示，联想集团将继续通过"个人智 能"和"企业智能"双轮驱动，把握AI普惠带来的重要增长机遇，创造长期可持续的切实 ...

2026年2月12日，联想集团今日公布截至2025年12月31日的2025/26财年第三财季业绩：集团营收达到 1575亿元人民币，同比增长超过18%；经调整后的净利润同比增长36%，利润增速达到营收增速的两 倍。 具体来看，本财季，联想集团三大业务全部实现双位数增长：IDG智能设备业务集团营收超过1100亿元 人民币，同比增长14.3%，个人电脑销量增速连续十个季度高于市场，推动2025年度市场份额创历史新 高；ISG基础设施方案业务集团营收达到367亿元人民币，同比增长超31%；SSG解决方案与服务业务集 团营收同比增长18%，连续第十九个季度实现双位数增长，同时运营利润率进一步提升至22.5%。 与此同时，AI相关业务已成为联想集团重要增长引擎。第三财季，联想AI相关营收同比增长72%，占集 团总营收比重提升至32%。其中，AI PC营收实现高双位数增长，AI智能手机营收实现三位数增长，AI 服务器营收实现高双位数增长，AI服务营收实现了三位数增长，推动集团业务结构持续向高价值方向 演进。 从更长周期来看，全球AI产业正从以集中训练为主的第一阶段，迈入以推理为核心、更加贴近个人和 企业真实场景的第二阶段 ...

Core Insights - Lenovo Group reported a record revenue of 157.5 billion RMB for Q3 of the fiscal year 2025/26, marking an 18% year-over-year increase, with adjusted net profit growing by 36% [8][9] - AI-related revenue surged by 72%, now accounting for 32% of total revenue, showcasing the effectiveness of Lenovo's hybrid AI strategy [3][10] Financial Performance - The company achieved a profit growth rate that is double the revenue growth rate, indicating a strong operational efficiency [8] - All business segments experienced double-digit growth, with the ISG infrastructure solutions group revenue reaching 36.7 billion RMB, up over 31% [9][10] Business Strategy - Lenovo's hybrid AI strategy focuses on both "personal intelligence" and "enterprise intelligence," driving growth through differentiated competitive advantages [4][11] - The launch of Lenovo Qira marks a significant step in creating a unified AI terminal entry across platforms and devices, expected to be available in the next quarter [5][11] Market Position - The personal computer sales growth has outpaced the market for ten consecutive quarters, contributing to a historic high in market share for the fiscal year 2025 [9][10] - The SSG solutions and services group achieved an 18% year-over-year revenue increase, with an operating profit margin of 22.5%, supporting overall profitability [10]

Core Viewpoint - Lenovo Group reported a record revenue of 157.5 billion RMB for Q3 of the fiscal year 2025/26, marking an 18% year-on-year increase, with adjusted net profit growing by 36%, reflecting a high-quality and sustainable growth model [2][3] Financial Performance - The company achieved a record revenue of 157.5 billion RMB, with a profit growth rate double that of revenue growth [2] - Adjusted net profit increased by 36% year-on-year, indicating strong financial health [2] - All business groups within the company experienced double-digit revenue growth, with personal computer sales growth outpacing the market for ten consecutive quarters [3] AI Revenue Growth - AI-related revenue surged by 72% year-on-year, now accounting for 32% of total revenue [3][4] - The growth in AI revenue was driven by significant increases in AI computers, AI smartphones, AI infrastructure, and AI services, showcasing the advantages of Lenovo's hybrid AI strategy [3] Business Strategy - Lenovo's hybrid AI strategy focuses on both "personal intelligence" and "enterprise intelligence" [4] - The company launched Lenovo Qira, a key step in creating a unified AI terminal entry across platforms and devices [4] - Lenovo's enterprise AI initiatives include the release of the Lenovo xIQ technology platform and collaboration with NVIDIA on AI cloud super factory plans [4] Market Position - Lenovo's infrastructure solutions group achieved revenue of 36.7 billion RMB, a year-on-year increase of over 31%, nearing profitability [3] - The solutions and services group reported an 18% year-on-year revenue growth, with an operating profit margin of 22.5%, supporting overall profitability [3]

Core Insights - Lenovo Group reported a record revenue of 157.5 billion RMB for Q3 of the fiscal year 2025/26, representing an over 18% year-on-year increase, with adjusted net profit rising by 36%, significantly exceeding market expectations [1] - AI-related business has become a crucial growth engine for Lenovo, with AI revenue increasing by 72% year-on-year, now accounting for 32% of total revenue [1] - The company is advancing its hybrid AI strategy, which encompasses personal and enterprise intelligence, supported by strong data [1] Group 1 - In the personal intelligence sector, Lenovo is focusing on "personal AI twins," such as Tianxi AI and Lenovo Qira, to establish a differentiated competitive barrier [2] - Lenovo officially launched Lenovo Qira in Q3, marking a significant step towards creating a unified AI terminal entry across platforms and devices [2] - The company aims to solidify its global leadership in AI PCs and expand the installation scale of AI devices, providing a broad foundation for personal super intelligent systems [2] Group 2 - In the enterprise intelligence domain, Lenovo is promoting the implementation of enterprise super intelligent systems under the "hybrid AI advantage set" framework, which includes an AI application library, technology platform, infrastructure, and services [2] - The company introduced the Lenovo xIQ technology platform as the core technology base for enterprise AI and partnered with NVIDIA to launch the AI Cloud Super Factory plan, beginning the delivery of next-generation GPU servers [2] - Lenovo's end-to-end AI services are scaling up, indicating a shift from pilot phases to large-scale commercial applications in enterprise AI [2] Group 3 - Lenovo's Chairman and CEO Yang Yuanqing emphasized the commitment to driving hybrid artificial intelligence to seize opportunities presented by AI's integration into daily life and business operations, aiming for accelerated growth and improved profitability for sustainable returns to shareholders [2]