Growth Metrics

Tencent Music Entertainment (TME) Gross Margin (2016 - 2022)

Tencent Music Entertainment's Gross Margin history spans 5 years, with the latest figure at 29.88% for Q2 2022.

  • On a quarterly basis, Gross Margin fell 56.0% to 29.88% in Q2 2022 year-over-year; TTM through Jun 2022 was 30.73%, a 663.0% decrease, with the full-year FY2025 number at 45.39%, up 372.0% from a year prior.
  • Gross Margin hit 29.88% in Q2 2022 for Tencent Music Entertainment, down from 30.43% in the prior quarter.
  • Over the last five years, Gross Margin for TME hit a ceiling of 40.89% in Q1 2018 and a floor of 29.88% in Q2 2022.
  • Historically, Gross Margin has averaged 35.1% across 4 years, with a median of 34.07% in 2019.
  • The widest YoY moves for Gross Margin: up 10bps in 2019, down -695bps in 2019.
  • Tracing TME's Gross Margin over 4 years: stood at 34.02% in 2018, then rose by 0bps to 34.11% in 2019, then fell by -11bps to 30.43% in 2021, then decreased by -2bps to 29.88% in 2022.
  • Business Quant data shows Gross Margin for TME at 29.88% in Q2 2022, 30.43% in Q2 2021, and 34.11% in Q4 2019.