Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TCMEF) Gross Profit (2016 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Gross Profit came in at $582.0 million in Q2 2026, up 11.28% year-over-year from $523.0 million in Q2 2025, and up 13.23% quarter-over-quarter from $514.0 million in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Gross Profit (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Gross Profit across 11 years of filings, most recently posting $582.0 million for Q2 2026.

  • In Q2 2026, Gross Profit rose 11.28% year-over-year to $582.0 million; the TTM figure through Jun 2026 stood at $2.2 billion (up 18.09% YoY), while the FY2025 annual figure was $2.1 billion, up 26.17% from the prior year.
  • Gross Profit came in at $582.0 million for Q2 2026 at Tencent Music Entertainment, up from $514.0 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $582.0 million in Q2 2026 to a low of $293.0 million in Q1 2022.
  • Average Gross Profit over 5 years is $414.7 million, with a median of $399.0 million recorded in 2024.
  • Year-over-year, Gross Profit declined 22.07% in 2022 and soared 30.01% in 2024.
  • Over 5 years, Gross Profit stood at $355.0 million in 2022, then advanced by 4.79% to $372.0 million in 2023, then gained by 19.89% to $446.0 million in 2024, then increased by 23.77% to $552.0 million in 2025, then climbed by 5.43% to $582.0 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $582.0 million in Q2 2026, $514.0 million in Q1 2026, and $552.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 320.63 Bn 311.50 Bn 6.52 Bn
2 Spotify Technology 109.40 Bn 98.49 Bn 1.86 Bn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn
4 Huya 478.05 Mn 117.79 Mn 37.58 Mn
5 iQIYI 408.77 Mn -62.13 Mn 152.37 Mn
6 FuboTV 315.64 Mn -136.77 Mn 399.10 Mn
7 Kaltura 219.16 Mn 187.86 Mn 34.54 Mn
8 CuriosityStream 154.78 Mn 106.39 Mn 16.93 Mn
9 LiveOne 53.11 Mn 44.45 Mn 3.94 Mn
10 Cineverse 46.92 Mn 42.60 Mn 10.66 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 582.00 Mn
Mar 31, 2026 514.00 Mn
Dec 31, 2025 552.00 Mn
Sep 30, 2025 517.00 Mn
Jun 30, 2025 523.00 Mn
Mar 31, 2025 447.00 Mn
Dec 31, 2024 446.00 Mn
Sep 30, 2024 417.33 Mn
Jun 30, 2024 414.00 Mn
Mar 31, 2024 384.00 Mn
Dec 31, 2023 372.00 Mn
Sep 30, 2023 321.00 Mn
Jun 30, 2023 344.00 Mn
Mar 31, 2023 337.00 Mn
Dec 31, 2022 355.00 Mn
Sep 30, 2022 338.00 Mn
Jun 30, 2022 308.00 Mn
Mar 31, 2022 293.00 Mn
Dec 31, 2021 344.00 Mn
Sep 30, 2021 358.00 Mn