Income Statement - Tencent Music Entertainment Group (TME)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 32.90 | 28.40 | 27.75 | 28.34 | 31.24 | 29.15 | 25.43 | 18.99 | 10.98 | 4.36 |
| Cost of revenue | 18.37 | 16.38 | 17.96 | 19.57 | 21.84 | 19.85 | 16.76 | 11.71 | 7.17 | 3.13 |
| Gross profit | 14.54 | 12.03 | 9.80 | 8.77 | 9.40 | 9.30 | 8.67 | 7.28 | 3.81 | 1.23 |
| Total operating expenses | 4.80 | 3.32 | 3.74 | 4.33 | 5.60 | 4.59 | 4.05 | 3.97 | 2.40 | 1.14 |
| Operating income | 9.74 | 8.71 | 6.06 | 4.44 | 3.80 | 4.71 | 4.62 | 2.04 | 1.59 | 0.10 |
| Non-operating income (net) | 3.54 | 0.00 | -0.01 | -0.07 | -0.17 | -0.08 | -0.08 | -0.04 | 0.00 | 0.01 |
| Income before tax | 13.28 | 8.71 | 6.05 | 4.37 | 3.63 | 4.63 | 4.54 | 2.00 | 1.60 | 0.11 |
| Income tax expense | 1.92 | 1.60 | 0.83 | 0.53 | 0.42 | 0.46 | 0.56 | 0.17 | 0.28 | 0.03 |
| Net income | 11.06 | 6.64 | 4.92 | 3.68 | 3.03 | 4.16 | 3.98 | 1.83 | 1.33 | 0.08 |
Show Quarterly Income Statement
Income Statement - Tencent Music Entertainment Group (TME)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7.85 | 7.74 | 8.46 | 8.44 | 7.36 | 7.46 | 7.02 | 7.16 | 6.77 | 6.89 | 6.57 | 7.29 | 7.00 | 7.43 | 7.37 | 1.04 | 6.64 | 7.61 | 7.81 | 8.01 | 7.82 | 8.34 | 7.58 | 0.98 | 6.31 | 7.29 | 6.51 | 5.90 | 5.74 | 5.74 | 4.97 | 4.50 | 4.12 | 3.59 | 2.91 | 2.24 | 2.24 | 1.22 | 1.22 | 0.96 | 0.96 |
| Cost of revenue | 4.32 | 0.18 | 4.78 | 4.69 | 4.11 | 4.21 | 4.02 | 4.15 | 4.00 | 4.25 | 4.23 | 4.79 | 4.69 | 4.98 | 4.96 | 0.73 | 4.78 | 5.42 | 5.50 | 5.57 | 5.36 | 5.64 | 5.12 | 0.67 | 4.33 | 4.81 | 4.30 | 3.96 | 3.70 | 3.70 | 3.01 | 2.71 | 2.43 | 2.19 | 1.88 | 1.55 | 1.55 | 0.89 | 0.89 | 0.67 | 0.67 |
| Gross profit | 3.52 | 7.57 | 3.68 | 3.75 | 3.24 | 3.25 | 2.99 | 3.01 | 2.77 | 2.64 | 2.34 | 2.50 | 2.32 | 2.45 | 2.40 | 0.31 | 1.86 | 2.19 | 2.31 | 2.44 | 2.47 | 2.70 | 2.46 | 0.31 | 1.98 | 2.49 | 2.21 | 1.94 | 2.03 | 2.03 | 1.96 | 1.80 | 1.68 | 1.39 | 1.03 | 0.69 | 0.69 | 0.33 | 0.33 | 0.29 | 0.29 |
| Total operating expenses | 1.20 | 4.95 | 0.97 | 0.77 | -1.59 | 0.84 | 0.85 | 0.81 | 0.81 | 1.07 | 0.92 | 0.96 | 0.93 | 1.06 | 1.14 | 0.21 | 1.11 | 1.51 | 1.39 | 1.40 | 1.30 | 1.40 | 1.20 | 0.18 | 0.93 | 1.29 | 1.24 | 1.05 | 1.04 | 1.04 | 0.98 | 0.83 | 0.81 | 0.85 | 0.59 | 0.47 | 0.47 | 0.22 | 0.22 | 0.36 | 0.36 |
| Operating income | 2.32 | 2.62 | 2.71 | 2.98 | 4.84 | 2.41 | 2.14 | 2.20 | 1.96 | 1.71 | 1.43 | 1.54 | 1.38 | 1.39 | 1.26 | 0.10 | 0.75 | 0.68 | 0.92 | 1.04 | 1.16 | 1.30 | 1.26 | 0.12 | 1.05 | 1.20 | 1.19 | 1.09 | 1.15 | 1.15 | 1.06 | 1.01 | 0.93 | 0.65 | 0.46 | 0.21 | 0.21 | 0.12 | 0.12 | -0.07 | -0.07 |
| Non-operating income (net) | 0.26 | -0.21 | -0.02 | 0.00 | 0.00 | 0.09 | -0.07 | 0.03 | -0.05 | -0.01 | 0.01 | 0.00 | -0.01 | -0.02 | -0.02 | 0.06 | -0.01 | -0.03 | -0.03 | -0.05 | -0.06 | -0.01 | -0.01 | 0.03 | -0.03 | -0.02 | -0.02 | -0.03 | -0.02 | -0.02 | -0.01 | -0.02 | -0.01 | 0.00 | 0.01 | 0.03 | 0.03 | 0.00 | 0.00 | 0.01 | 0.01 |
| Income before tax | 2.58 | 2.41 | 2.69 | 2.98 | 4.83 | 2.50 | 2.08 | 2.23 | 1.91 | 1.70 | 1.44 | 1.54 | 1.37 | 1.37 | 1.25 | 0.15 | 0.74 | 0.65 | 0.89 | 0.98 | 1.11 | 1.28 | 1.25 | 0.15 | 1.02 | 1.19 | 1.17 | 1.06 | 1.13 | 1.13 | 1.05 | 1.00 | 0.93 | 0.65 | 0.47 | 0.24 | 0.24 | 0.12 | 0.12 | -0.06 | -0.06 |
| Income tax expense | 0.45 | 0.43 | 0.48 | 0.52 | 0.45 | 0.42 | 0.37 | 0.43 | 0.38 | 0.30 | 0.18 | 0.19 | 0.17 | 0.17 | 0.15 | 0.02 | 0.09 | 0.08 | 0.10 | 0.11 | 0.13 | 0.07 | 0.12 | 0.02 | 0.13 | 0.15 | 0.15 | 0.13 | 0.14 | 0.14 | 0.09 | 0.10 | 0.09 | 0.11 | 0.08 | 0.04 | 0.04 | 0.00 | 0.00 | 0.01 | 0.01 |
| Net income | 2.08 | 1.90 | 2.15 | 2.41 | 4.29 | 1.96 | 1.58 | 1.68 | 1.42 | 1.31 | 1.17 | 1.30 | 1.15 | 1.15 | 1.06 | 0.13 | 0.61 | 0.54 | 0.74 | 0.83 | 0.93 | 1.20 | 1.13 | 0.13 | 0.89 | 1.04 | 1.03 | 0.93 | 0.99 | 0.99 | 0.96 | 0.90 | 0.84 | 0.54 | 0.39 | 0.20 | 0.20 | 0.11 | 0.11 | -0.07 | -0.07 |