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TME

Tencent Music·NYSE
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TME fundamentals

Tencent Music (TME) released its earnings on Nov 12, 2025: revenue was 1.19B (YoY +18.96%), beat estimates; EPS was 0.098328 (YoY -29.77%), missed estimates.
Revenue / YoY
1.19B
+18.96%
EPS / YoY
0.098328
-29.77%
Report date
Nov 12, 2025
TME Earnings Call Summary for Q3,2025
  • Revenue Surge: 21% YoY growth to RMB 8.5 billion, driven by 70% subscription expansion and triple-digit offline concert revenue.
  • SVIP Dominance: ARPPU +9% to RMB 11.9, with SVIP benefits (DTS, Starlight cards) fueling premiumization.
  • Live Event Breakthrough: G Dragon's 14-city tour and TMEA/TMA concerts highlight global artist monetization.
  • AI & Platform Edge: Liquid glass themes, Automix, and AI assistants create differentiated user experiences.
  • Profitability Boost: Gross margin up 0.9ppts to 43.5%, with disciplined expense control driving 28% non-IFRS profit growth.
EPS
Revenue

Revenue & Expenses

TME has released its 2025 Q3 earnings report, with revenue of 1.19B, reflecting a YoY change of 18.92%, and net profit of 310.72M, showing a YoY change of 27.59%. The Sankey diagram below clearly presents TME's revenue sources and cost distribution.

Key Indicators

Tencent Music (TME) key financial stats and ratios, covering profitability, financial health, and leverage.
Tencent Music (TME)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Tencent Music (TME)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Tencent Music (TME)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Tencent Music (TME) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Tencent Music (TME) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield