Tencent Music Entertainment reported net income of $376.00M for the quarter ended Jun 2026. This income statement covers 36 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2016 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||
| Revenue | 1,046.83M | 1,047.12M | ||||||||||||||||||||||||||||||||||
| Cost of RevenueCost of Rev | 853.00M | 850.00M | 755.00M | 723.00M | 698.00M | 722.00M | 683.00M | 660.00M | 579.00M | 599.00M | 554.00M | 571.00M | 561.47M | 576.00M | 567.00M | 655.00M | 672.00M | 683.00M | 630.00M | 735.00M | ||||||||||||||||
| Gross Profit | 358.00M | 344.00M | 293.00M | 308.00M | 338.00M | 355.00M | 337.00M | 344.00M | 321.00M | 372.00M | 384.00M | 414.00M | 417.33M | 446.00M | 447.00M | 523.00M | 517.00M | 552.00M | 514.00M | 582.00M | ||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||
| Amortization - Intangibles | 20.00M | 20.00M | 19.00M | 18.00M | 18.00M | 18.00M | 17.00M | 37.83M | 43.41M | 43.00M | 56.00M | |||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 5.23M | 5.53M | 5.05M | 6.61M | ||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | -91.00M | -118.00M | -52.00M | -45.00M | -34.00M | -39.00M | -31.00M | -29.00M | -30.00M | -36.00M | -26.00M | -29.00M | -30.70M | -34.00M | -27.00M | -30.00M | -37.00M | -38.00M | -39.00M | -35.00M | ||||||||||||||||
| Selling, General & AdministrativeSG&A | -163.00M | -167.00M | -160.00M | -166.00M | -168.00M | -159.00M | -148.00M | -144.00M | -144.00M | -142.00M | -131.00M | -129.00M | -139.25M | -127.00M | -130.00M | -131.00M | -148.00M | -140.00M | -136.00M | -156.00M | ||||||||||||||||
| Other Operating ExpensesOther Opex | 18.00M | 29.00M | 13.00M | 37.00M | 15.00M | 11.00M | 8.00M | 4.00M | 11.00M | 9.00M | 6.00M | 4.00M | 10.05M | 2.00M | 336.00M | 18.00M | 13.00M | -4.65M | 10.00M | 22.00M | ||||||||||||||||
| Operating ExpensesOpex | -254.00M | -285.00M | -212.00M | -212.00M | -202.00M | -197.00M | -179.00M | -173.00M | -174.00M | -178.00M | -157.00M | -158.00M | -169.95M | -161.00M | -158.00M | -161.00M | -184.00M | -178.00M | -176.00M | -191.00M | ||||||||||||||||
| Operating IncomeOp. Inc | 143.00M | 107.00M | 118.00M | 156.00M | 177.00M | 201.00M | 201.00M | 212.00M | 195.00M | 241.00M | 271.00M | 302.00M | 299.15M | 330.00M | 666.00M | 416.00M | 381.00M | 406.00M | 384.00M | 447.00M | ||||||||||||||||
| EBIT | 142.06M | 107.00M | 118.00M | 156.00M | 184.36M | 201.00M | 201.86M | 219.73M | 197.00M | 241.00M | 271.00M | 303.62M | 299.15M | 330.00M | 666.00M | 416.00M | 378.64M | 406.00M | 382.15M | 445.72M | ||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -5.00M | -5.00M | -5.00M | -3.00M | -3.00M | -4.00M | -5.00M | -6.00M | -5.00M | -4.00M | -4.00M | -4.00M | -13.53M | 8.00M | -3.00M | -2.00M | -4.00M | -9.00M | -7.00M | -1.00M | ||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -3.00M | 5.00M | -0.32M | -21.08M | -2.00M | -1.00M | 5.00M | -3.00M | -326.72M | -0.28M | -0.29M | -4.00M | ||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 63.00M | 82.90M | 24.00M | 45.00M | 68.00M | 99.97M | 35.00M | 69.00M | 106.00M | 146.11M | 39.00M | 80.00M | 122.93M | 166.50M | 41.00M | 77.00M | 112.00M | 148.61M | 36.00M | 70.00M | ||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 2.09M | -5.00M | ||||||||||||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||
| EBT | 138.00M | 102.00M | 117.00M | 152.00M | 175.00M | 199.00M | 199.00M | 212.00M | 197.00M | 240.00M | 265.00M | 306.00M | 289.66M | 342.00M | 666.00M | 416.00M | 378.00M | 396.00M | 376.00M | 452.00M | ||||||||||||||||
| Tax ProvisionsTaxes | -16.00M | -12.00M | -14.00M | -19.00M | -21.00M | -24.00M | -24.00M | -26.00M | -24.00M | -42.00M | -53.00M | -59.00M | -51.21M | -58.00M | -61.00M | -72.00M | -67.00M | -69.00M | -66.00M | -76.00M | ||||||||||||||||
| Profit After TaxPAT | 122.00M | 91.00M | 102.00M | 133.00M | 154.00M | 175.00M | 175.00M | 186.00M | 173.00M | 198.00M | 212.00M | 247.00M | 238.46M | 284.00M | 605.00M | 344.00M | 311.00M | 327.00M | 310.00M | 376.00M | ||||||||||||||||
| Equity Income | 3.00M | 1.00M | 2.00M | 2.92M | 5.43M | 7.00M | 2.78M | -2.00M | 7.00M | 4.05M | 4.00M | 3.16M | 2.00M | 2.00M | -1.00M | -1.00M | 5.00M | |||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 7.00M | 6.00M | 6.00M | 5.00M | 4.00M | 8.00M | 8.00M | 7.00M | 13.00M | 15.00M | 15.00M | 15.00M | 17.58M | 16.00M | 13.00M | 8.00M | 8.00M | 12.00M | 7.00M | 12.00M | ||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 153.34M | 114.00M | 131.00M | 171.00M | 204.24M | 223.00M | 224.23M | 245.86M | 223.27M | 282.00M | 318.00M | 367.17M | 340.87M | 400.00M | 727.00M | 488.00M | 442.35M | 465.00M | 440.48M | 525.91M | ||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 153.34M | 114.00M | 131.00M | 171.00M | 204.24M | 223.00M | 224.23M | 245.86M | 223.27M | 282.00M | 318.00M | 367.17M | 340.87M | 400.00M | 727.00M | 488.00M | 442.35M | 465.00M | 440.48M | 525.91M | ||||||||||||||||
| Income towards Parent CompanyParent Net Inc | 115.00M | 84.00M | 96.00M | 128.00M | 149.00M | 167.00M | 167.00M | 179.00M | 160.00M | 222.00M | 197.00M | 231.00M | 220.88M | 312.00M | 591.00M | 336.00M | 302.00M | 315.00M | 303.00M | 364.00M | ||||||||||||||||
| Net Income towards Common StockholdersNet Income | 114.39M | 84.00M | 96.00M | 128.00M | 155.12M | 167.00M | 167.81M | 185.32M | 161.47M | 222.00M | 197.00M | 232.35M | 220.88M | 312.00M | 591.00M | 336.00M | 300.81M | 315.00M | 301.88M | 362.89M | ||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.07 | 0.05 | 0.06 | 0.08 | 0.09 | 0.10 | 0.10 | 0.12 | 0.10 | 0.14 | 0.13 | 0.15 | 0.14 | 0.20 | 0.38 | 0.22 | 0.20 | 0.21 | 0.20 | 0.24 | ||||||||||||||||
| EPS (Diluted) | 0.07 | 0.05 | 0.06 | 0.08 | 0.09 | 0.10 | 0.10 | 0.11 | 0.10 | 0.14 | 0.12 | 0.15 | 0.14 | 0.20 | 0.38 | 0.21 | 0.19 | 0.20 | 0.19 | 0.23 | ||||||||||||||||
| Shares Outstanding | 1,656.76M | 1,660.53M | 1,660.53M | 1,660.53M | 1,660.53M | 1,602.00M | 1,602.00M | 1,602.00M | 1,602.00M | 1,560.83M | 1,560.83M | 1,560.83M | 1,560.83M | 1,542.12M | 1,542.12M | 1,542.12M | 1,542.12M | 1,533.63M | 1,533.63M | 1,533.63M | ||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 1,680.23M | 1,681.52M | 1,681.52M | 1,681.52M | 1,681.52M | 1,617.25M | 1,617.25M | 1,617.25M | 1,617.25M | 1,584.19M | 1,584.19M | 1,584.19M | 1,584.19M | 1,565.43M | 1,565.43M | 1,565.43M | 1,565.43M | 1,554.40M | 1,554.40M | 1,554.40M | ||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 1,660.53M | 1,602.00M | 1,560.83M | 1,542.12M | 1,573.90M | |||||||||||||||||||||||||||||||
| EBITDA | 142.06M | 107.00M | 118.00M | 156.00M | 184.36M | 201.00M | 201.86M | 219.73M | 197.00M | 241.00M | 271.00M | 303.62M | 299.15M | 330.00M | 352.44M | 427.75M | 378.64M | 406.00M | 410.00M | 480.00M | ||||||||||||||||
| Interest ExpensesInt Expense | -4.64M | -5.00M | -5.00M | -3.00M | -3.51M | -4.00M | -4.97M | -6.00M | -4.84M | -4.00M | -4.00M | -3.59M | -13.53M | 8.00M | -3.00M | -2.00M | -4.47M | -9.00M | -6.64M | -0.73M | ||||||||||||||||
| Tax Rate | -11.59% | -11.76% | -11.97% | -12.50% | -12.00% | -12.06% | -12.06% | -12.26% | -12.18% | -17.50% | -20.00% | -19.28% | -17.68% | -16.96% | -9.16% | -17.31% | -17.72% | -17.42% | -17.55% | -16.81% |