Tencent Music Entertainment TME
NYSE TME
$8.68 +0.05 (+0.58%)
As of: Oct 19, 2026 · 3:59 PM EDT

Tencent Music Entertainment (TME) Gross Profit (2017 - 2026)

Updated

Tencent Music Entertainment (TME) recorded Gross Profit of $582 million in Q2 2026, up 11.3% from $523 million a year earlier and up 13.2% from the prior quarter.

Analysis

Tencent Music Entertainment (TME) Gross Profit (2017 - 2026) Analysis & Trends

On a TTM basis, Tencent Music Entertainment's Gross Profit came in at $2.17 billion as of Jun 30, 2026, up 18.1% year-over-year; for FY2025, it came in at $2.08 billion, up 26.2% from FY2024.

  • Annual Gross Profit has increased for three straight years, with a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
  • Across earlier years, Gross Profit came in at $1.65 billion in FY2024 (+19.3%), $1.38 billion in FY2023 (+8.5%), $1.27 billion in FY2022 (-13.8%) and $1.48 billion in FY2021 (+3.5%).
  • The Q2 2026 figure is the highest quarterly Gross Profit in data going back to Q4 2017.
  • On a year-over-year basis, Gross Profit has increased for 11 consecutive quarters, with growth averaging 20.8% over the last eight quarters.
  • Peak year-over-year performance for Gross Profit in the last five years was growth of 30.0% in Q3 2024, against a decline of 22.1% in Q1 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $514 million (Q1 2026), $552 million (Q4 2025) and $517 million (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

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Tencent Music Entertainment Gross Profit API

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