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 Reddit 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 Pinterest 13.92 Bn 12.62 Bn 768.96 Mn 1.01 Bn

Historic Data

Download Data
DateValue
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