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 | 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| Date | Value |
|---|---|
| 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 |