Tencent Music Entertainment (TCMEF) Operating Income (2016 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Operating Income came in at $447.0 million in Q2 2026, up 7.45% year-over-year from $416.0 million in Q2 2025, and up 16.41% quarter-over-quarter from $384.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Operating Income (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Operating Income across 11 years of filings, most recently posting $447.0 million for Q2 2026.
- In Q2 2026, Operating Income rose 7.45% year-over-year to $447.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (down 5.44% YoY), while the FY2025 annual figure was $1.9 billion, up 60.18% from the prior year.
- Operating Income came in at $447.0 million for Q2 2026 at Tencent Music Entertainment, up from $384.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $666.0 million in Q1 2025 to a low of $118.0 million in Q1 2022.
- Average Operating Income over 5 years is $300.2 million, with a median of $285.1 million recorded in 2024.
- Year-over-year, Operating Income surged 145.76% in 2025 and plunged 42.34% in 2026.
- Over 5 years, Operating Income stood at $201.0 million in 2022, then grew by 19.9% to $241.0 million in 2023, then soared by 36.93% to $330.0 million in 2024, then rose by 23.03% to $406.0 million in 2025, then increased by 10.1% to $447.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $447.0 million in Q2 2026, $384.0 million in Q1 2026, and $406.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.44 Bn | 311.31 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Spotify Technology | 109.52 Bn | 98.60 Bn | 1.86 Bn | 761.35 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 447.00 Mn |
| 4 | Huya | 470.63 Mn | 110.37 Mn | 37.58 Mn | -1.03 Mn |
| 5 | iQIYI | 405.47 Mn | -65.43 Mn | 152.37 Mn | -15.38 Mn |
| 6 | FuboTV | 315.32 Mn | -137.09 Mn | 399.10 Mn | 31.23 Mn |
| 7 | Kaltura | 218.42 Mn | 187.12 Mn | 34.54 Mn | -775,000.00 |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn | 9.18 Mn |
| 9 | LiveOne | 53.64 Mn | 44.98 Mn | 3.94 Mn | -3.68 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn | -5.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 447.00 Mn |
| Mar 31, 2026 | 384.00 Mn |
| Dec 31, 2025 | 406.00 Mn |
| Sep 30, 2025 | 381.00 Mn |
| Jun 30, 2025 | 416.00 Mn |
| Mar 31, 2025 | 666.00 Mn |
| Dec 31, 2024 | 330.00 Mn |
| Sep 30, 2024 | 299.15 Mn |
| Jun 30, 2024 | 302.00 Mn |
| Mar 31, 2024 | 271.00 Mn |
| Dec 31, 2023 | 241.00 Mn |
| Sep 30, 2023 | 195.00 Mn |
| Jun 30, 2023 | 212.00 Mn |
| Mar 31, 2023 | 201.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 118.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | 143.00 Mn |