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 | 32,902.00 | 28,401.00 | 27,752.00 | 28,339.00 | 31,244.00 | 29,153.00 | 25,434.00 | 18,985.00 | 10,981.00 | 4,361.00 |
| Cost of revenue | 18,367.00 | 16,376.00 | 17,957.00 | 19,566.00 | 21,840.00 | 19,851.00 | 16,761.00 | 11,708.00 | 7,171.00 | 3,129.00 |
| Gross profit | 14,535.00 | 12,025.00 | 9,795.00 | 8,773.00 | 9,404.00 | 9,302.00 | 8,673.00 | 7,277.00 | 3,810.00 | 1,232.00 |
| Total operating expenses | 4,798.00 | 3,315.00 | 3,736.00 | 4,330.00 | 5,604.00 | 4,592.00 | 4,051.00 | 3,972.00 | 2,404.00 | 1,139.00 |
| Operating income | 9,737.00 | 8,710.00 | 6,059.00 | 4,443.00 | 3,800.00 | 4,710.00 | 4,622.00 | 2,039.00 | 1,593.00 | 103.00 |
| Non-operating income (net) | 3,540.00 | 2.00 | -14.00 | -70.00 | -168.00 | -78.00 | -82.00 | -36.00 | 4.00 | 11.00 |
| Income before tax | 13,277.00 | 8,712.00 | 6,045.00 | 4,373.00 | 3,632.00 | 4,632.00 | 4,540.00 | 2,003.00 | 1,597.00 | 114.00 |
| Income tax expense | 1,924.00 | 1,603.00 | 825.00 | 534.00 | 417.00 | 456.00 | 563.00 | 171.00 | 278.00 | 29.00 |
| Net income | 11,056.00 | 6,644.00 | 4,920.00 | 3,677.00 | 3,029.00 | 4,155.00 | 3,982.00 | 1,833.00 | 1,326.00 | 82.00 |
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 | 7,847.25 | 7,744.59 | 8,463.00 | 8,442.00 | 7,356.00 | 7,458.00 | 7,015.00 | 7,160.00 | 6,768.00 | 6,893.00 | 6,569.00 | 7,286.00 | 7,004.00 | 7,425.00 | 7,365.00 | 1,044.18 | 6,644.00 | 7,607.00 | 7,805.00 | 8,008.00 | 7,824.00 | 8,335.00 | 7,575.00 | 977.94 | 6,311.00 | 7,293.00 | 6,507.00 | 5,898.00 | 5,736.00 | 5,736.00 | 4,969.00 | 4,503.00 | 4,116.00 | 3,586.00 | 2,910.00 | 2,242.50 | 2,242.50 | 1,219.15 | 1,219.15 | 961.35 | 961.35 |
| Cost of revenue | 4,322.70 | 175.51 | 4,781.00 | 4,693.00 | 4,114.00 | 4,205.00 | 4,024.00 | 4,150.00 | 3,997.00 | 4,252.00 | 4,227.00 | 4,789.00 | 4,689.00 | 4,978.00 | 4,962.00 | 732.21 | 4,784.00 | 5,415.00 | 5,496.00 | 5,571.00 | 5,358.00 | 5,638.00 | 5,117.00 | 671.81 | 4,334.00 | 4,805.00 | 4,296.00 | 3,957.00 | 3,703.00 | 3,703.00 | 3,006.00 | 2,708.00 | 2,433.00 | 2,192.00 | 1,876.00 | 1,551.50 | 1,551.50 | 893.86 | 893.86 | 670.65 | 670.65 |
| Gross profit | 3,524.55 | 7,569.08 | 3,682.00 | 3,749.00 | 3,242.00 | 3,253.00 | 2,991.00 | 3,010.00 | 2,771.00 | 2,641.00 | 2,342.00 | 2,497.00 | 2,315.00 | 2,447.00 | 2,403.00 | 311.97 | 1,860.00 | 2,192.00 | 2,309.00 | 2,437.00 | 2,466.00 | 2,697.00 | 2,458.00 | 306.14 | 1,977.00 | 2,488.00 | 2,211.00 | 1,941.00 | 2,033.00 | 2,033.00 | 1,963.00 | 1,795.00 | 1,683.00 | 1,394.00 | 1,034.00 | 691.00 | 691.00 | 325.29 | 325.29 | 290.71 | 290.71 |
| Total operating expenses | 1,203.68 | 4,951.16 | 972.00 | 771.00 | -1,594.00 | 844.00 | 847.00 | 812.00 | 812.00 | 1,071.00 | 917.00 | 958.00 | 934.00 | 1,059.00 | 1,142.00 | 214.28 | 1,111.00 | 1,510.00 | 1,390.00 | 1,402.00 | 1,302.00 | 1,401.00 | 1,198.00 | 183.82 | 930.00 | 1,286.00 | 1,237.00 | 1,050.00 | 1,039.00 | 1,039.00 | 977.00 | 833.00 | 810.00 | 845.00 | 592.00 | 472.50 | 472.50 | 219.71 | 219.71 | 355.29 | 355.29 |
| Operating income | 2,320.88 | 2,617.92 | 2,710.00 | 2,978.00 | 4,836.00 | 2,409.00 | 2,144.00 | 2,198.00 | 1,959.00 | 1,714.00 | 1,425.00 | 1,539.00 | 1,381.00 | 1,388.00 | 1,261.00 | 97.69 | 749.00 | 682.00 | 919.00 | 1,035.00 | 1,164.00 | 1,296.00 | 1,260.00 | 122.31 | 1,047.00 | 1,202.00 | 1,188.00 | 1,085.00 | 1,147.00 | 1,147.00 | 1,062.00 | 1,014.00 | 933.00 | 650.00 | 464.00 | 209.50 | 209.50 | 118.04 | 118.04 | -71.04 | -71.04 |
| Non-operating income (net) | 257.43 | -207.65 | -21.00 | 4.00 | -2.00 | 90.00 | -68.00 | 28.00 | -48.00 | -10.00 | 14.00 | -4.00 | -14.00 | -15.00 | -16.00 | 55.95 | -10.00 | -30.00 | -29.00 | -51.00 | -58.00 | -13.00 | -9.00 | 30.33 | -31.00 | -15.00 | -20.00 | -25.00 | -22.00 | -22.00 | -13.00 | -16.00 | -8.00 | -3.00 | 8.00 | 29.50 | 29.50 | 3.57 | 3.57 | 6.43 | 6.43 |
| Income before tax | 2,578.31 | 2,410.27 | 2,689.00 | 2,982.00 | 4,834.00 | 2,499.00 | 2,076.00 | 2,226.00 | 1,911.00 | 1,704.00 | 1,439.00 | 1,535.00 | 1,367.00 | 1,373.00 | 1,245.00 | 153.64 | 739.00 | 652.00 | 890.00 | 984.00 | 1,106.00 | 1,283.00 | 1,251.00 | 152.64 | 1,016.00 | 1,187.00 | 1,168.00 | 1,060.00 | 1,125.00 | 1,125.00 | 1,049.00 | 998.00 | 925.00 | 647.00 | 472.00 | 239.00 | 239.00 | 121.61 | 121.61 | -64.61 | -64.61 |
| Income tax expense | 454.24 | 433.58 | 477.00 | 515.00 | 446.00 | 423.00 | 367.00 | 432.00 | 381.00 | 295.00 | 176.00 | 187.00 | 167.00 | 168.00 | 152.00 | 18.75 | 90.00 | 75.00 | 102.00 | 113.00 | 127.00 | 71.00 | 116.00 | 19.61 | 130.00 | 147.00 | 145.00 | 132.00 | 139.00 | 139.00 | 85.00 | 95.00 | 85.00 | 113.00 | 82.00 | 41.50 | 41.50 | 3.18 | 3.18 | 11.32 | 11.32 |
| Net income | 2,078.35 | 1,901.78 | 2,153.00 | 2,409.00 | 4,291.00 | 1,957.00 | 1,583.00 | 1,682.00 | 1,422.00 | 1,306.00 | 1,168.00 | 1,298.00 | 1,148.00 | 1,151.00 | 1,061.00 | 129.44 | 609.00 | 536.00 | 740.00 | 827.00 | 926.00 | 1,197.00 | 1,132.00 | 132.47 | 887.00 | 1,042.00 | 1,026.00 | 927.00 | 987.00 | 987.00 | 964.00 | 904.00 | 841.00 | 536.00 | 394.00 | 198.00 | 198.00 | 113.73 | 113.73 | -72.73 | -72.73 |