Tencent Music Entertainment (TME) Operating Income (2016 - 2026)

Tencent Music Entertainment (TME) posted Operating Income of $384.0 million for Q1 2026, down 5.42% sequentially from $406.0 million in Q4 2025, and down 42.34% YoY from $666.0 million in Q1 2025.

Tencent Music Entertainment (TME) Operating Income (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has reported Operating Income for 11 years, with the latest figure at $384.0 million in Q1 2026.

  • Quarterly Operating Income fell 42.34% year-over-year to $384.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 0.64% YoY) and the FY2025 annual result came in at $1.9 billion, up 60.18% from the prior year.
  • Operating Income retreated to $384.0 million in Q1 2026 per TME's latest filing, from $406.0 million in the prior quarter.
  • Over five years, Operating Income peaked at $666.0 million in Q1 2025 and troughed at $118.0 million in Q1 2022.
  • A 5-year average of $291.5 million and a median of $271.0 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2025 and 2026: Operating Income soared 145.76% in 2025, then sank 42.34% in 2026.
  • Over 5 years, Operating Income stood at $201.0 million in 2022, then rose by 19.9% to $241.0 million in 2023, then surged by 36.93% to $330.0 million in 2024, then advanced by 23.03% to $406.0 million in 2025, then retreated by 5.42% to $384.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $384.0 million, $406.0 million, and $381.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alphabet 4,254.79 Bn 3,825.76 Bn 73.85 Bn 40.77 Bn
2 Meta Platforms 1,547.49 Bn 1,457.23 Bn 49.47 Bn 18.78 Bn
3 Taboola.com 1,140.73 Bn 1,140.60 Bn 139.48 Mn 7.26 Mn
4 Baidu 287.62 Bn 283.13 Bn 1.88 Mn 495.00 Mn
5 Spotify Technology 104.76 Bn 94.52 Bn 1.75 Bn 1.24 Bn
6 Joyy 78.25 Bn 77.36 Bn 205.64 Mn 18.27 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 102,075.00
8 Nebius 50.08 Bn 40.46 Bn 295.20 Mn -128.00 Mn
9 Reddit 30.62 Bn 27.83 Bn 734.60 Mn 231.72 Mn
10 Tencent Music Entertainment 27.35 Bn 24.64 Bn 514.00 Mn 384.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 160.00 Mn