Tencent Music Entertainment (TME) Operating Income (2016 - 2026)
Tencent Music Entertainment's (TME) quarterly Operating Income came in at $384.0 million in Q1 2026, down 42.34% year-on-year from $666.0 million in Q1 2025, and down 5.42% quarter-over-quarter from $406.0 million in Q4 2025.
Tencent Music Entertainment (TME) Operating Income (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Operating Income across 11 years of filings, most recently posting $384.0 million for Q1 2026.
- Operating Income for Q1 2026 came in at $384.0 million, down 42.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 0.64% YoY), and the FY2025 annual result was $1.9 billion, up 60.18% from the prior year.
- Operating Income came in at $384.0 million for Q1 2026 at Tencent Music Entertainment, down from $406.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $666.0 million in Q1 2025 to a low of $118.0 million in Q1 2022.
- The 5-year median for Operating Income is $271.0 million (2024), against an average of $291.5 million.
- Across the five-year window, Operating Income jumped 145.76% in 2025 and sank 42.34% in 2026, its largest moves.
- Tencent Music Entertainment's Operating Income stood at $201.0 million in 2022, then grew by 19.9% to $241.0 million in 2023, then soared by 36.93% to $330.0 million in 2024, then rose by 23.03% to $406.0 million in 2025, then declined by 5.42% to $384.0 million in 2026.
- The last three Operating Income figures came in at $384.0 million (Q1 2026), $406.0 million (Q4 2025), and $381.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -128.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 39.70 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 22.87 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 837.08 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 182.91 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -80.29 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 90.41 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -74.45 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 36.00 Mn |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 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 |