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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |