Tencent Music Entertainment (TME) Cost of Revenue (2016 - 2026)
Tencent Music Entertainment (TME) posted Cost of Revenue of $630.0 million for Q1 2026, down 7.76% sequentially from $683.0 million in Q4 2025, and up 11.11% YoY from $567.0 million in Q1 2025.
Tencent Music Entertainment (TME) Cost of Revenue (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Cost of Revenue for 11 years, with the latest figure at $630.0 million in Q1 2026.
- Quarterly Cost of Revenue rose 11.11% year-over-year to $630.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 16.02% YoY) and the FY2025 annual result came in at $2.6 billion, up 17.02% from the prior year.
- Cost of Revenue eased to $630.0 million in Q1 2026 per TME's latest filing, from $683.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $755.0 million in Q1 2022 and troughed at $554.0 million in Q1 2024.
- A 5-year average of $640.5 million and a median of $655.0 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue slipped 18.89% in 2024, then grew 19.69% in 2025.
- Over 5 years, Cost of Revenue stood at $722.0 million in 2022, then retreated by 17.04% to $599.0 million in 2023, then retreated by 3.84% to $576.0 million in 2024, then grew by 18.58% to $683.0 million in 2025, then fell by 7.76% to $630.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $630.0 million, $683.0 million, and $672.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|