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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 663.41 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |