TME
Income statement / Annual
Last year (2025), Tencent Music Entertainment Group's total revenue was $32.01 B,
an increase of 12.69% from the previous year.
In 2025, Tencent Music Entertainment Group's net income was $10.75 B.
See Tencent Music Entertainment Group,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$32.01 B |
$28.40 B |
$27.75 B |
$28.34 B |
$31.24 B |
$29.15 B |
$25.43 B |
$18.99 B |
$10.98 B |
$4.36 B |
| Cost of Revenue |
$13.76 B
|
$16.38 B
|
$17.96 B
|
$19.57 B
|
$21.84 B
|
$19.85 B
|
$16.76 B
|
$11.71 B
|
$7.17 B
|
$3.13 B
|
| Gross Profit |
$18.24 B
|
$12.03 B
|
$9.80 B
|
$8.77 B
|
$9.40 B
|
$9.30 B
|
$8.67 B
|
$7.28 B
|
$3.81 B
|
$1.23 B
|
| Gross Profit Ratio |
0.57
|
0.42
|
0.35
|
0.31
|
0.3
|
0.32
|
0.34
|
0.38
|
0.35
|
0.28
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$2.53 B
|
$2.58 B
|
$0.00
|
$0.00
|
$1.16 B
|
$937.00 M
|
$797.00 M
|
$449.00 M
|
| General & Administrative Expenses |
$1.60 B
|
$3.81 B
|
$4.12 B
|
$4.41 B
|
$4.01 B
|
$3.10 B
|
$2.70 B
|
$2.26 B
|
$1.52 B
|
$783.00 M
|
| Selling & Marketing Expenses |
$941.00 M
|
$865.00 M
|
$897.00 M
|
$1.14 B
|
$2.68 B
|
$2.48 B
|
$2.04 B
|
$1.71 B
|
$913.00 M
|
$365.00 M
|
| Selling, General & Administrative Expenses |
$2.54 B
|
$4.68 B
|
$5.02 B
|
$5.56 B
|
$6.69 B
|
$5.58 B
|
$4.74 B
|
$3.97 B
|
$2.43 B
|
$1.15 B
|
| Other Expenses |
$2.56 B
|
-$1.36 B
|
-$3.81 B
|
-$3.81 B
|
-$1.08 B
|
-$984.00 M
|
-$1.85 B
|
-$1.58 B
|
$6.00 M
|
$1.00 M
|
| Operating Expenses |
$5.10 B
|
$3.32 B
|
$3.74 B
|
$4.33 B
|
$5.60 B
|
$4.59 B
|
$4.05 B
|
$3.97 B
|
$2.40 B
|
$1.14 B
|
| Cost And Expenses |
$18.86 B
|
$19.69 B
|
$21.69 B
|
$23.90 B
|
$27.44 B
|
$24.44 B
|
$20.81 B
|
$15.68 B
|
$9.58 B
|
$4.27 B
|
| Interest Income |
$1.03 B
|
$1.20 B
|
$1.05 B
|
$711.00 M
|
$530.00 M
|
$622.00 M
|
$615.00 M
|
$282.00 M
|
$93.00 M
|
$32.00 M
|
| Interest Expense |
$125.49 M
|
$124.00 M
|
$124.00 M
|
$115.00 M
|
$121.00 M
|
$97.00 M
|
$64.00 M
|
$35.00 M
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$1.38 B
|
$978.00 M
|
$720.00 M
|
$1.16 B
|
$1.00 B
|
$824.00 M
|
$522.00 M
|
$369.00 M
|
$379.00 M
|
$236.00 M
|
| EBITDA |
$14.77 B |
$9.81 B |
$5.72 B |
$5.65 B |
$4.75 B |
$5.56 B |
$4.61 B |
$2.41 B |
$1.98 B |
$329.00 M |
| EBITDA Ratio |
0.46
|
0.35
|
0.21
|
0.2
|
0.15
|
0.19
|
0.18
|
0.13
|
0.18
|
0.08
|
| Operating Income Ratio |
0.41
|
0.31
|
0.22
|
0.16
|
0.12
|
0.16
|
0.18
|
0.11
|
0.15
|
0.02
|
| Total Other Income/Expenses Net |
-$226.65 M
|
$2.00 M
|
-$14.00 M
|
-$70.00 M
|
-$168.00 M
|
-$78.00 M
|
-$82.00 M
|
-$36.00 M
|
$185.00 M
|
$20.00 M
|
| Income Before Tax |
$12.92 B
|
$8.71 B
|
$6.05 B
|
$4.37 B
|
$3.63 B
|
$4.63 B
|
$4.54 B
|
$2.00 B
|
$1.60 B
|
$114.00 M
|
| Income Before Tax Ratio |
0.4
|
0.31
|
0.22
|
0.15
|
0.12
|
0.16
|
0.18
|
0.11
|
0.15
|
0.03
|
| Income Tax Expense |
$1.87 B
|
$1.60 B
|
$825.00 M
|
$534.00 M
|
$417.00 M
|
$456.00 M
|
$563.00 M
|
$171.00 M
|
$278.00 M
|
$29.00 M
|
| Net Income |
$10.75 B
|
$6.64 B
|
$4.92 B
|
$3.68 B
|
$3.03 B
|
$4.16 B
|
$3.98 B
|
$1.83 B
|
$1.33 B
|
$82.00 M
|
| Net Income Ratio |
0.34
|
0.23
|
0.18
|
0.13
|
0.1
|
0.14
|
0.16
|
0.1
|
0.12
|
0.02
|
| EPS |
7 |
4.3 |
3.16 |
2.3 |
1.82 |
2.5 |
2.44 |
1.19 |
0.82 |
0.0505 |
| EPS Diluted |
6.92 |
4.24 |
3.1 |
2.28 |
1.8 |
2.48 |
2.38 |
1.16 |
0.81 |
0.0501 |
| Weighted Average Shares Out |
$1.53 B
|
$1.57 B
|
$1.58 B
|
$1.60 B
|
$1.66 B
|
$1.66 B
|
$1.64 B
|
$1.54 B
|
$1.62 B
|
$1.62 B
|
| Weighted Average Shares Out Diluted |
$1.55 B
|
$1.57 B
|
$1.58 B
|
$1.62 B
|
$1.68 B
|
$1.68 B
|
$1.67 B
|
$1.58 B
|
$1.64 B
|
$1.64 B
|
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