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 has reported Revenue for 5 years, with the latest figure 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 steadied at $1.0 billion in Q2 2022 per TME's latest filing, from $1.0 billion in the prior quarter.
- Over five years, Revenue peaked at $1.2 billion in Q2 2021 and troughed at $647.0 million in Q1 2018.
- A 4-year average of $922.0 million and a median of $884.5 million in 2019 frame the typical range for Revenue.
- The sharpest annual moves came in 2019 and 2022: Revenue soared 32.56% in 2019, then decreased 15.51% in 2022.
- Over 4 years, Revenue stood at $780.6 million in 2018, then jumped by 32.56% to $1.0 billion in 2019, then gained by 19.77% to $1.2 billion in 2021, then decreased by 15.51% to $1.0 billion in 2022.
- According to Business Quant data, Revenue over the past three periods registered $1.0 billion, $1.0 billion, and $1.2 billion for Q2 2022, Q1 2022, and Q2 2021 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,322.94 Bn | 3,893.90 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,508.67 Bn | 1,418.41 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Baidu | 298.52 Bn | 295.97 Bn | 1.88 Mn | 4.65 Bn |
| 4 | Spotify Technology | 100.48 Bn | 90.25 Bn | 1.75 Bn | 5.31 Bn |
| 5 | Joyy | 78.32 Bn | 77.46 Bn | 205.64 Mn | 581.92 Mn |
| 6 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 537,519.00 |
| 7 | Nebius | 48.55 Bn | 38.93 Bn | 295.20 Mn | 399.00 Mn |
| 8 | 31.08 Bn | 28.30 Bn | 734.60 Mn | 804.91 Mn | |
| 9 | Tencent Music Entertainment | 29.33 Bn | 27.04 Bn | 514.00 Mn | - |
| 10 | Kanzhun | 15.28 Bn | 13.18 Bn | 255.62 Bn | 299.91 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 | 900.35 Mn |