Tencent Music Entertainment Group (TME) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Tencent Music Entertainment Group (TME) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

TME Income Statement

Tencent Music Entertainment Group (TME) annual income statement — 10-year revenue, gross profit & net income history

Annual Quarterly

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	8.93B	7.85B	7.74B	8.46B	8.44B	7.36B	7.46B	7.01B	7.16B	6.77B	6.89B	6.57B	7.29B	7B	7.42B	7.37B	6.91B	6.64B	7.61B	7.8B
Revenue Growth %	5.82%	6.68%	3.84%	20.64%	17.9%	8.69%	8.2%	6.79%	-1.73%	-3.37%	-7.17%	-10.81%	5.52%	5.42%	-2.39%	-5.64%	-13.77%	-15.08%	-8.73%	3.04%
Cost of Goods Sold	4.98B	4.32B	175.51M	4.78B	4.69B	4.11B	4.21B	4.02B	4.15B	4B	4.25B	4.23B	4.79B	4.69B	4.98B	4.96B	4.84B	4.78B	5.42B	5.5B
COGS % of Revenue	55.79%	55.09%	2.27%	56.49%	55.59%	55.93%	56.38%	57.36%	57.96%	59.06%	61.69%	64.35%	65.73%	66.95%	67.04%	67.37%	70.12%	72%	71.18%	70.42%
Gross Profit	3.95B	3.52B	7.57B	3.68B	3.75B	3.24B	3.25B	2.99B	3.01B	2.77B	2.64B	2.34B	2.5B	2.31B	2.45B	2.4B	2.06B	1.86B	2.19B	2.31B
Gross Margin %	44.21%	44.91%	97.73%	43.51%	44.41%	44.07%	43.62%	42.64%	42.04%	40.94%	38.31%	35.65%	34.27%	33.05%	32.96%	32.63%	29.88%	28%	28.82%	29.58%
Gross Profit Growth %	5.33%	8.72%	132.68%	23.1%	24.55%	17%	23.17%	27.71%	20.54%	19.7%	7.93%	-2.54%	21.04%	24.46%	11.63%	4.07%	-15.35%	-24.57%	-18.72%	-6.06%
Operating Expenses	914M	1.2B	4.95B	972M	771M	-1.59B	844M	847M	812M	812M	927M	917M	958M	934M	1.06B	1.14B	1.02B	1.11B	1.51B	1.39B
OpEx % of Revenue	10.23%	15.34%	63.93%	11.49%	9.13%	-21.67%	11.32%	12.07%	11.34%	12%	13.45%	13.96%	13.15%	13.34%	14.26%	15.51%	14.74%	16.72%	19.85%	17.81%
Selling, General & Admin	1.29B	1.21B	-1.07B	1.31B	1.16B	1.14B	1.17B	1.22B	1.15B	1.14B	1.27B	1.27B	1.25B	1.23B	1.36B	1.44B	1.42B	1.34B	1.82B	1.64B
SG&A % of Revenue	14.5%	15.43%	-13.82%	15.49%	13.69%	15.54%	15.74%	17.36%	16.03%	16.78%	18.37%	19.3%	17.22%	17.55%	18.33%	19.51%	20.52%	20.2%	23.89%	20.99%
Research & Development	0	0	0	0	0	0	2.28B	0	0	0	2.52B	0	0	0	2.58B	0	0	0	2.34B	0
R&D % of Revenue	-	-	-	-	-	-	30.57%	-	-	-	36.63%	-	-	-	34.75%	-	-	-	30.75%	-
Other Operating Expenses	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Operating Income	3.04B	2.32B	2.62B	2.71B	2.98B	4.84B	2.41B	2.14B	2.2B	1.96B	1.71B	1.43B	1.54B	1.38B	1.39B	1.26B	1.04B	749M	682M	919M
Operating Margin %	33.98%	29.58%	33.8%	32.02%	35.28%	65.74%	32.3%	30.56%	30.7%	28.95%	24.87%	21.69%	21.12%	19.72%	18.69%	17.12%	15.13%	11.27%	8.97%	11.77%
Operating Income Growth %	1.91%	-52.01%	8.67%	26.4%	35.49%	146.86%	40.55%	50.46%	42.82%	41.85%	23.49%	13.01%	47.27%	84.38%	103.52%	37.21%	0.97%	-35.65%	-47.38%	-27.06%
EBITDA	3.37B	2.41B	3.69B	2.89B	3.16B	5.02B	2.59B	2.32B	2.38B	2.14B	1.89B	1.47B	1.76B	1.6B	1.61B	1.45B	1.04B	935.5M	868.5M	1.07B
EBITDA Margin %	37.7%	30.7%	47.61%	34.14%	37.4%	68.18%	34.7%	33.13%	33.21%	31.6%	27.48%	22.44%	24.12%	22.84%	21.64%	19.65%	15.05%	14.08%	11.42%	13.77%
EBITDA Growth %	6.68%	-51.96%	42.45%	24.32%	32.77%	134.47%	36.66%	57.67%	35.31%	33.73%	17.9%	1.83%	69.15%	70.98%	84.97%	34.71%	-12.73%	-29.1%	-40.17%	-21.08%
D&A (Non-Cash Add-back)	333M	88.46M	1.07B	179.25M	179.25M	179.25M	179.25M	180M	180M	180M	180M	0	218.5M	218.5M	218.5M	186.5M	0	186.5M	186.5M	155.5M
EBIT	2.81B	2.62B	5.29B	2.46B	2.99B	2.17B	2.15B	1.84B	1.89B	1.68B	547M	1.47B	1.27B	1.14B	982M	1.07B	1.04B	599M	430M	788M
Net Interest Income	224M	198.79M	356.04M	29.76M	242M	272M	344M	202M	278M	248M	264M	238M	223M	203M	186M	162M	128M	120M	92M	101M
Interest Income	224M	244.51M	440.05M	34.23M	254M	297M	315M	299M	304M	278M	277M	273M	265M	237M	224M	186M	151M	150M	122M	131M
Interest Expense	0	45.72M	84.01M	4.47M	12M	25M	-29M	97M	26M	30M	13M	35M	42M	34M	38M	24M	23M	30M	30M	30M
Other Income/Expense	32M	257.43M	-207.65M	-21M	4M	-2M	90M	-68M	28M	-48M	-10M	14M	-4M	-14M	-15M	-16M	-29M	-10M	-30M	-29M
Pretax Income	3.07B	2.58B	2.41B	2.69B	2.98B	4.83B	2.5B	2.08B	2.23B	1.91B	1.7B	1.44B	1.53B	1.37B	1.37B	1.25B	1.02B	739M	652M	890M
Pretax Margin %	34.33%	32.86%	31.12%	31.77%	35.32%	65.72%	33.51%	29.59%	31.09%	28.24%	24.72%	21.91%	21.07%	19.52%	18.49%	16.9%	14.71%	11.12%	8.57%	11.4%
Income Tax	514M	454.24M	433.58M	477M	515M	446M	423M	367M	432M	381M	295M	176M	187M	167M	168M	152M	124M	90M	75M	102M
Effective Tax Rate %	16.76%	17.62%	17.99%	17.74%	17.27%	9.23%	16.93%	17.68%	19.41%	19.94%	17.31%	12.23%	12.18%	12.22%	12.24%	12.21%	12.2%	12.18%	11.5%	11.46%
Net Income	2.47B	2.08B	1.9B	2.15B	2.41B	4.29B	1.96B	1.58B	1.68B	1.42B	1.31B	1.17B	1.3B	1.15B	1.15B	1.06B	856M	609M	536M	740M
Net Margin %	27.66%	26.49%	24.56%	25.44%	28.54%	58.33%	26.24%	22.57%	23.49%	21.01%	18.95%	17.78%	17.82%	16.39%	15.5%	14.41%	12.4%	9.17%	7.05%	9.48%
Net Income Growth %	2.57%	-51.56%	-2.82%	36.01%	43.22%	201.76%	49.85%	35.53%	29.58%	23.87%	13.47%	10.08%	51.64%	88.51%	114.74%	43.38%	3.51%	-34.23%	-55.22%	-34.63%
Net Income (Continuing)	2.55B	2.12B	1.98B	2.21B	2.47B	4.39B	2.08B	1.71B	1.79B	1.53B	1.41B	1.26B	1.35B	1.2B	1.21B	1.09B	892M	649M	577M	788M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	2.8B	2.78B	2.76B	2.68B	2.5B	1.96B	1.86B	1.74B	1.67B	1.44B	1.29B	1.23B	1.14B	1.08B	1.03B	1.07B	155.06M	789M	738M	662M
EPS (Diluted)	1.58	1.34	1.20	1.38	1.56	2.78	1.26	1.00	1.08	0.92	0.84	0.74	0.82	0.72	0.72	0.66	0.53	0.37	0.32	0.44
EPS Growth %	1.28%	-51.8%	-4.76%	38%	44.44%	202.17%	50%	35.14%	31.71%	27.78%	16.67%	12.12%	54.72%	94.59%	125%	50%	10.42%	-31.48%	-55.56%	-35.29%
EPS (Basic)	1.60	1.36	1.22	1.40	1.58	2.80	1.26	1.00	1.10	0.92	0.84	0.74	0.83	0.74	0.74	0.67	0.53	0.37	0.32	0.44
Diluted Shares Outstanding	1.56B	1.56B	1.55B	1.56B	1.55B	1.55B	1.56B	1.57B	1.57B	1.56B	1.57B	1.59B	1.58B	1.58B	1.59B	1.6B	1.62B	1.65B	1.65B	1.67B
Basic Shares Outstanding	1.54B	1.54B	1.53B	1.56B	1.53B	1.53B	1.55B	1.57B	1.54B	1.54B	1.57B	1.57B	1.58B	1.56B	1.57B	1.59B	1.61B	1.64B	1.64B	1.65B
Dividend Payout Ratio	-	-	-	-	-	-	77.06%	-	-	-	-	-	-	-	-	-	-	-	-	-