Tencent Music Entertainment (TME) Revenue (2016 - 2022)

Tencent Music Entertainment's (TME) quarterly Revenue came in at $1.0 billion in Q2 2022, down 16.81% year-on-year from $1.2 billion in Q2 2021, and down 16.81% quarter-over-quarter from $1.2 billion in Q2 2021.

Tencent Music Entertainment (TME) Revenue (2016 - 2022) Analysis & Trends

Tencent Music Entertainment has disclosed Revenue across 5 years of filings, most recently posting $1.0 billion for Q2 2022.

  • Revenue for Q2 2022 came in at $1.0 billion, down 16.81% year-over-year; the trailing twelve-month figure through Jun 2022 was $4.2 billion (up 4.25% YoY), and the FY2025 annual result was $4.6 billion, up 17.33% from the prior year.
  • Revenue came in at $1.0 billion for Q2 2022 at Tencent Music Entertainment, down from $1.2 billion in the prior quarter.
  • In the past five years, Revenue ranged from a high of $1.2 billion in Q2 2021 to a low of $647.0 million in Q1 2018.
  • The 4-year median for Revenue is $857.0 million (2019), against an average of $879.4 million.
  • Across the five-year window, Revenue jumped 32.56% in 2019 and dropped 16.81% in 2022, its largest moves.
  • Tencent Music Entertainment's Revenue stood at $780.6 million in 2018, then surged by 32.56% to $1.0 billion in 2019, then increased by 19.77% to $1.2 billion in 2021, then decreased by 16.81% to $1.0 billion in 2022.
  • The last three Revenue figures came in at $1.0 billion (Q2 2022), $1.2 billion (Q2 2021), and $1.0 billion (Q4 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 399.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 109.90 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 56.31 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 5.31 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 663.41 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 1.01 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 299.91 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.53 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 708.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 1.03 Bn
Jun 30, 2021 1.24 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