Tencent Music Entertainment (TME) Revenue (2016 - 2022)
Tencent Music Entertainment (TME) posted Revenue of $1.0 billion for Q2 2022, little changed sequentially from $1.0 billion in Q1 2022, and down 15.51% YoY from $1.2 billion in Q2 2021.
Tencent Music Entertainment (TME) Revenue (2016 - 2022) Analysis & Trends
Tencent Music Entertainment (TME) has 5 years of Revenue data on file, last reported at $1.0 billion in Q2 2022.
- Quarterly Revenue fell 15.51% year-over-year to $1.0 billion in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $4.5 billion (up 3.4% YoY) and the FY2025 annual result came in at $4.6 billion, up 17.33% from the prior year.
- Revenue was little changed at $1.0 billion in Q2 2022 per TME's latest filing, from $1.0 billion in the prior quarter.
- The five-year high for Revenue was $1.2 billion in Q2 2021, with the low at $647.0 million in Q1 2018.
- Average Revenue over 4 years is $922.0 million, with a median of $884.5 million recorded in 2019.
- Year-over-year, Revenue surged 32.56% in 2019 and dropped 15.51% in 2022.
- Tencent Music Entertainment's Revenue stood at $780.6 million in 2018, then surged by 32.56% to $1.0 billion in 2019, then advanced by 19.77% to $1.2 billion in 2021, then slipped by 15.51% to $1.0 billion in 2022.
- Business Quant data shows TME's Revenue at $1.0 billion in Q2 2022, $1.0 billion in Q1 2022, and $1.2 billion in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | 109.90 Bn |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | 56.31 Bn |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | 4.65 Bn |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 537,519.00 |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | 581.92 Mn |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | 399.00 Mn |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | 663.41 Mn | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | 40.97 Mn |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | - |
| 10 | 13.92 Bn | 12.62 Bn | 768.96 Mn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Jun 30, 2021 | 1.24 Bn |
| Mar 31, 2021 | 1.21 Bn |
| Dec 31, 2019 | 1.03 Bn |
| Sep 30, 2019 | 910.00 Mn |
| Jun 30, 2019 | 859.00 Mn |
| Mar 31, 2019 | 855.00 Mn |
| Dec 31, 2018 | 780.57 Mn |
| Sep 30, 2018 | 730.75 Mn |
| Jun 30, 2018 | 706.79 Mn |
| Mar 31, 2018 | 646.99 Mn |
| Dec 31, 2016 | 354.25 Mn |