Tencent Music Entertainment (TME) Operating Income (2017 - 2026)
Tencent Music Entertainment's Operating Income was $447 million in Q2 2026, up 7.5% from $416 million a year earlier and up 16.4% from the prior quarter.
Powered by 
Analysis
Tencent Music Entertainment (TME) Operating Income (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tencent Music Entertainment's Operating Income was $1.62 billion through Jun 30, 2026, down 5.4% year-over-year; for FY2025, it was $1.91 billion, up 60.2% from FY2024.
- Operating Income has now increased for four consecutive years, with a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- In earlier years, Operating Income was $1.19 billion in FY2024 (+39.9%), $853 million in FY2023 (+32.5%), $644 million in FY2022 (+8.1%) and $596 million in FY2021 (-17.5%).
- The Q2 2026 figure marks the highest quarterly Operating Income since Q1 2025.
- Compared with a year earlier, Operating Income was higher in seven of the last eight quarters, with growth averaging 36.2%.
- The best year-over-year quarter for Operating Income over five years was Q1 2025 (growth of 145.8%); the worst was Q4 2021 (a decline of 46.2%).
- Per Business Quant data, TME's Operating Income in the three quarters before Q2 2026 was $384 million (Q1 2026), $406 million (Q4 2025) and $381 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 4.09 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 761.35 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 445.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 445.72 Mn |
| Mar 31, 2026 | 382.15 Mn |
| Dec 31, 2025 | 400.42 Mn |
| Sep 30, 2025 | 378.64 Mn |
| Jun 30, 2025 | 411.72 Mn |
| Mar 31, 2025 | 665.27 Mn |
| Dec 31, 2024 | 335.37 Mn |
| Sep 30, 2024 | 299.15 Mn |
| Jun 30, 2024 | 303.62 Mn |
| Mar 31, 2024 | 273.96 Mn |
| Dec 31, 2023 | 238.05 Mn |
| Sep 30, 2023 | 197.00 Mn |
| Jun 30, 2023 | 219.73 Mn |
| Mar 31, 2023 | 201.86 Mn |
| Dec 31, 2022 | 195.16 Mn |
| Sep 30, 2022 | 184.36 Mn |
| Jun 30, 2022 | 158.47 Mn |
| Mar 31, 2022 | 118.01 Mn |
| Dec 31, 2021 | 106.67 Mn |
| Sep 30, 2021 | 142.06 Mn |
API Access
Tencent Music Entertainment Operating 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=operating-income&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();