Tencent Music Entertainment Group revenue and financials
$31.10Change from previous close: +0.52%Absolute change: +$0.16
In the fiscal year ended December 2025, Tencent Music Entertainment Group reported revenue of ¥32.9B (+15.85% year over year). Net income was ¥11.06B, a net margin of 33.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +15.85%
- 2025 vs 2024
- Net income growth
- +66.41%
- 2025 vs 2024
- Net margin
- 33.6%
- 2024: 23.4%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total revenue | 8,933 | 7,895 | 8,641 | 8,463 | 8,442 |
| Cost of revenue | 4,984 | 4,349 | 4,779 | 4,781 | 4,693 |
| Gross profit | 3,949 | 3,546 | 3,862 | 3,682 | 3,749 |
| Selling, general and administrative | 1,295 | 1,211 | -1,070 | 1,311 | 1,156 |
| Operating income | 2,707 | 2,335 | 2,674 | 2,371 | 2,593 |
| EBIT | 3,072 | 2,640 | 2,825 | 2,721 | 2,994 |
| EBITDA | 3,072 | 2,640 | 2,825 | 2,721 | 2,994 |
| Interest expense | 5.0 | 46.0 | 53.0 | 32.0 | 12.0 |
| Pre-tax income | 3,067 | 2,594 | 2,772 | 2,689 | 2,982 |
| Income tax | 514 | 457 | 486 | 477 | 515 |
| Net income | 2,471 | 2,091 | 2,203 | 2,153 | 2,409 |
| Net income to common shareholders | 2,471 | 2,091 | 2,203 | 2,153 | 2,409 |
| Basic EPS | 0.79 | 0.68 | 0.72 | 0.70 | 0.79 |
| Diluted EPS | 0.78 | 0.67 | 0.71 | 0.69 | 0.78 |
| Average shares (basic) | 3,128 | 3,081 | 3,080 | 3,075 | 3,060 |
| Average shares (diluted) | 3,151 | 3,111 | 3,115 | 3,118 | 3,103 |