Tencent Music Entertainment (TME) Net Income (2017 - 2026)
Tencent Music Entertainment's Net Income came in at $376 million for Q2 2026, up 9.3% from $344 million a year earlier and up 21.9% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Net Income (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tencent Music Entertainment reported Net Income of $1.32 billion, down 10.3% year-over-year; for FY2025, it was $1.62 billion, up 66.6% from FY2024.
- Net Income has increased in each of the last four years, with a five-year compound annual growth rate of 20.5% (FY2020 to FY2025).
- Going back by year, Net Income was $974 million in FY2024 (+32.5%), $735 million in FY2023 (+32.0%), $557 million in FY2022 (+10.3%) and $505 million in FY2021 (-21.1%).
- The Q2 2026 figure represents the highest quarterly Net Income since Q1 2025.
- Year-over-year, Net Income increased in seven of the last eight quarters, with growth averaging 38.3%.
- The fastest year-over-year change in Net Income over five years came in Q1 2025 (growth of 182.8%), and the weakest in Q4 2021 (a decline of 51.1%).
- Business Quant data shows TME's Net Income at $308.52 million (Q1 2026), $327 million (Q4 2025) and $309.06 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,913.53 Bn | 3,671.06 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,642.57 Bn | 1,345.09 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Netflix | 273.25 Bn | 234.54 Bn | 6.80 Bn | 3.66 Bn |
| 4 | Alibaba Group Holding | 231.74 Bn | 45.51 Bn | 15.11 Bn | 1.53 Bn |
| 5 | Shopify | 219.10 Bn | 196.28 Bn | 1.71 Bn | 1.50 Bn |
| 6 | Uber Technologies | 136.46 Bn | 108.26 Bn | 6.38 Bn | 2.42 Bn |
| 7 | Spotify Technology | 120.16 Bn | 77.08 Bn | 1.89 Bn | 595.92 Mn |
| 8 | Booking Holdings | 120.06 Bn | 53.11 Bn | - | 1.95 Bn |
| 9 | PDD Holdings | 110.60 Bn | -133.17 Bn | 9.45 Bn | 3.99 Bn |
| 10 | Tencent Music Entertainment | 13.12 Bn | -9.61 Bn | 579.95 Mn | 374.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 374.93 Mn |
| Mar 31, 2026 | 308.52 Mn |
| Dec 31, 2025 | 322.31 Mn |
| Sep 30, 2025 | 309.06 Mn |
| Jun 30, 2025 | 341.07 Mn |
| Mar 31, 2025 | 603.64 Mn |
| Dec 31, 2024 | 289.01 Mn |
| Sep 30, 2024 | 238.46 Mn |
| Jun 30, 2024 | 247.82 Mn |
| Mar 31, 2024 | 213.96 Mn |
| Dec 31, 2023 | 195.69 Mn |
| Sep 30, 2023 | 174.61 Mn |
| Jun 30, 2023 | 192.46 Mn |
| Mar 31, 2023 | 175.41 Mn |
| Dec 31, 2022 | 169.43 Mn |
| Sep 30, 2022 | 159.80 Mn |
| Jun 30, 2022 | 135.27 Mn |
| Mar 31, 2022 | 102.26 Mn |
| Dec 31, 2021 | 90.25 Mn |
| Sep 30, 2021 | 121.81 Mn |
API Access
Tencent Music Entertainment Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();