Lenovo is a worldwide technology company whose FY2024/25 results combine US$69.077 billion in revenue, leading PC-market share, growing infrastructure and services businesses, and measured workforce and sustainability programs. The figures below distinguish reported results, company-reported market estimates, and future targets.
Key Lenovo Statistics
The most quotable Lenovo statistics span the company’s FY2024/25 financial year, FY2023/24 workforce and ESG reporting, and selected quarterly or forecast periods:
- US$69.077 billion of worldwide Lenovo Group revenue was reported for FY2024/25, up 21% from FY2023/24.
- US$1.384 billion of profit attributable to Lenovo equity holders was reported worldwide in FY2024/25, up 37% year over year.
- Lenovo held an estimated 23.7% of the worldwide PC market in FY2024/25, ranking first in IDC data cited by the company.
- Lenovo’s Q4 FY2024/25 worldwide PC-market estimate was 24%, one percentage point higher than a year earlier.
- 53% of Lenovo’s FY2024/25 worldwide revenue came from PCs, while non-PC activities represented 47%.
- The Americas accounted for 34% of Lenovo’s FY2024/25 worldwide revenue, compared with 23% from China, 19% from APAC excluding China, and 24% from EMEA.
- Lenovo’s Intelligent Devices Group generated US$50.534 billion worldwide in FY2024/25, up from US$44.599 billion in FY2023/24.
- Lenovo’s Solutions & Services Group operating margin was 21.1% worldwide in FY2024/25, on US$1.8 billion of operating profit.
- Lenovo’s Infrastructure Solutions Group revenue grew 63% worldwide in FY2024/25, reaching a record high.
- Lenovo’s cloud-service-provider revenue within ISG grew 92% worldwide in FY2024/25, according to the company.
- US$621 million was Lenovo’s worldwide quarterly R&D expense in Q3 FY2024/25, nearly 14% higher year over year.
- Worldwide AI-PC penetration was forecast to exceed 30% in 2025, based on an IDC forecast cited by Lenovo.
- Women represented 29% of Lenovo’s worldwide technical teams in FY2023/24, using the company’s technical-team scope.
- Women held 30% of Lenovo’s worldwide management roles in FY2023/24, where management means people managers in Lenovo’s definition.
- More than 94,000 metric tons of products had been reused or recycled through Lenovo take-back programs worldwide since 2020, as reported for FY2023/24.
- Lenovo’s 2030 target is a 50% absolute reduction in worldwide Scope 1 and Scope 2 emissions, measured from the FY2018/19 base year.
- More than 400 Lenovo products were registered for EPEAT Climate+ eligibility on launch day in FY2023/24, covering the company’s product portfolio at that time.
Contents
- Key Lenovo Statistics
- Lenovo Revenue, Profit and Financial Growth Statistics
- Lenovo PC Market Share and Device Trends
- Lenovo Business Segments, Geography and Services Data
- Lenovo AI, Research and Innovation Statistics
- Lenovo Workforce, Inclusion and Community Statistics
- Lenovo Emissions, Recycling and Sustainability Statistics
Lenovo Revenue, Profit and Financial Growth Statistics
Lenovo’s consolidated financial figures are reported in US dollars, and its fiscal years end on 31 March. FY2024/25 therefore covers the year ended 31 March 2025, while the comparison is FY2023/24.
| Measure | FY2024/25 | Comparison |
|---|---|---|
| Revenue | US$69.077 billion | Up 21% from US$56.864 billion |
| Gross profit | US$11.098 billion | Up 13% from US$9.803 billion |
| Gross margin | 16.1% | 17.2% in FY2023/24 |
| Operating profit | US$2.164 billion | Up 8% from US$2.006 billion |
| Profit attributable to equity holders | US$1.384 billion | Up 37% from US$1.011 billion |
Source: LENOVO GROUP: Q4 AND FULL YEAR FINANCIAL RESULTS 2024/25. These are consolidated Lenovo Group results.
Operating expenses were US$8.934 billion in FY2024/25, 15% above the prior year, and R&D expense was US$2.288 billion, up 13%. Basic earnings per share reached 11.30 US cents, compared with 8.41 US cents in FY2023/24.
Quarterly revenue was US$17.850 billion in Q2 FY2024/25, US$18.796 billion in Q3, and US$16.984 billion in Q4. The sequence is reported revenue and is not seasonally adjusted; the quarterly figures are listed by Lenovo’s key financial data.
Lenovo PC Market Share and Device Trends
Lenovo’s PC figures combine company-reported estimates from market trackers with Lenovo’s own shipment and product-mix measures. Market-share estimates can differ by shipment definition, geography and fiscal or calendar period.
| PC measure | Period and geography | Result |
|---|---|---|
| Global PC market share | FY2024/25, worldwide; IDC estimate cited by Lenovo | 23.7%, ranked first |
| Global PC market share | Q3 FY2024/25, worldwide | 24.3%; almost five points ahead of number two |
| Global PC market share | Q4 FY2024/25, worldwide | 24%, up 1 percentage point year over year |
| Premium PC mix | FY2024/25, Lenovo shipments | 31%, up 1 percentage point |
The annual and quarterly market figures and premium mix are reported in Q4 FY24 Earnings Announcement, Lenovo’s Q3 FY24/25 results release, and Lenovo’s 2025 ESG Update. The fiscal-year estimate and quarterly estimates should not be treated as one seasonally harmonized series.
In the People’s Republic of China, 16% of Lenovo notebook shipments in Q4 FY2024/25 were five-feature AI PCs. This is Lenovo’s product definition and shipment population, not the share of all notebook sales in China.
Lenovo’s FY2024/25 smartphone revenue increased 27% year over year to a historic high, while tablet sales volume increased 15% worldwide. The company overview reports those growth rates without stating absolute smartphone revenue, and tablet volume is not tablet revenue or market share.
Lenovo Business Segments, Geography and Services Data
Lenovo’s FY2024/25 revenue mix was 53% PC and 47% non-PC. By reported geography, the mix was 34% Americas, 23% China, 19% APAC excluding China, and 24% EMEA, with rounded percentages summing to 100%.
The Lenovo 2025 ESG Update reports the following segment results:
- IDG annual revenue was US$50.534 billion in FY2024/25, up from US$44.599 billion in FY2023/24, while Q4 IDG revenue was US$11.814 billion versus US$10.463 billion a year earlier.
- IDG operating profit was US$3.623 billion, with a 7.2% operating margin, in FY2024/25.
- SSG revenue reached a record high and grew 13% year over year in FY2024/25.
- SSG operating profit was US$1.8 billion, up 15%, and its operating margin was 21.1%.
- Solutions and as-a-service revenue represented 58% of SSG revenue mix, up four percentage points year over year.
- ISG revenue reached a record high and grew 63% year over year, while its cloud-service-provider revenue grew 92%.
SSG’s 58% mix applies to that segment, not to Lenovo Group revenue. The cited overview gives SSG and ISG growth but does not state absolute SSG or ISG revenue in the relevant slide.
Lenovo served customers in more than 180 markets in FY2023/24, according to the company’s report, and was ranked number 217 in the Fortune Global 500 in the 2024 company description. The market count describes customer reach, not offices or countries of incorporation, and the Fortune position is not a market-share measure; both figures appear in Lenovo’s FY2023/24 ESG report release.
Lenovo AI, Research and Innovation Statistics
R&D expense was US$621 million in Q3 FY2024/25, nearly 14% higher year over year. This is a quarterly worldwide Lenovo Group measure, reported in Lenovo Delivers Strong Performance Driven by AI – Growth and Momentum across All Core Businesses, and differs from the US$2.288 billion full-year R&D expense reported for FY2024/25.
Lenovo expected worldwide AI-PC penetration to exceed 30% in 2025. This is a forecast based on IDC data cited by Lenovo, not an observed 2025 outcome.
The company said its first-year AI-PC program reached its volume target in FY2024/25, but the cited source does not disclose the target volume. Lenovo also created its Responsible AI Committee in FY2022/23 and uses a seven-pillar governance framework in its reported AI governance structure; that is a governance statistic, not a measure of model performance.
Lenovo Workforce, Inclusion and Community Statistics
Lenovo’s FY2023/24 talent figures use defined workforce categories. Management and senior or middle management refer to people-manager groups, while promotion and hiring figures are shares of events rather than the share of employees promoted or hired.
| Workforce measure | Worldwide FY2023/24 result |
|---|---|
| Women in technical teams | 29% |
| Women in management roles | 30% |
| Women in senior management | 28% |
| Women in middle management | 40% |
| Women in non-managerial positions | 38% |
| Women among promotions | 42% |
| Women among hires | 35% |
The talent figures are reported in Lenovo’s 2025 ESG Update and the FY2023/24 ESG report release.
Lenovo reported US$21 million in philanthropic impact worldwide in FY2023/24. It also reported that employee volunteerism increased 40% during the 2023 Love on Month of Service compared with 2022; this is an event-based comparison, not annual volunteer hours or a participation rate.
The company’s FY2023/24 goals were 27% women’s representation in worldwide executive ranks by FY2025/26 and 35% representation of historically excluded talent in the United States by FY2025/26. Both are management targets, not achieved outcomes at the time of reporting.
Lenovo Emissions, Recycling and Sustainability Statistics
Lenovo’s emissions targets use different scopes and denominators, so intensity reductions are not interchangeable with absolute reductions.
| Target or program | Period, base or denominator | Reported figure |
|---|---|---|
| Scope 1 and 2 | 2030 from FY2018/19 base | 50% absolute reduction |
| Scope 3 purchased goods and services | 2030 from FY2018/19; per US$1 million gross profit | 66.5% intensity reduction |
| Scope 3 use of sold products | 2030 from FY2018/19; per comparable product | 35% intensity reduction |
| Scope 3 upstream transportation | 2030 from FY2018/19; per tonne-kilometre | 25% intensity reduction |
| Scope 1, 2 and 3 long-term target | FY2049/50 from FY2018/19 base | 90% absolute reduction |
The targets are forward-looking and are described in Lenovo’s FY2023/24 ESG report release and the 2025 ESG Update. They should not be written as reductions already achieved.
Lenovo reported that its product take-back programs had reused or recycled more than 94,000 metric tons since 2020, worldwide, and that reuse and recycling had grown nearly 40% since 2017. The release footnote bases the recycling comparison on CY2022 data, while the cumulative total includes consumer and commercial programs.
Lenovo described the more than 94,000 metric tons as equivalent to the weight of 87 million ThinkPads, using a 1.09-kilogram ThinkPad X1 Carbon Gen 12 reference weight. This is an illustrative conversion, not a count of ThinkPads recycled.
In FY2023/24, primary packaging was plastic-free across all ThinkPad lines except the E series. More than 400 Lenovo products were registered on day one of EPEAT Climate+ eligibility, a launch count rather than the total number of products sold.
Lenovo also reported a 44% increase in people reached through employee volunteerism in FY2024/25 compared with the prior year. Finally, it maintained an AAA MSCI ESG rating for the third consecutive year in the FY2024/25 ESG update; an external rating is not a direct environmental measurement.