Tencent Music Releases 2025 Financial Report: Annual Total Revenue of 32.9 Billion Yuan, Adjusted Net Profit of 9.92 Billion Yuan

LightningPacketLoss · 2026-03-17T14:34:56+00:00

Tencent Music released its financial report ending December 31, 2025: Fourth-quarter revenue of 8.64 billion yuan, up 15.9% year-over-year; full-year revenue of 329.0 billion yuan, up 15.8% year-over-year. Online music subscription revenue increased by 16%, and approximately 368 million US dollars in cash dividends were distributed.

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2026-03-17 14:34:56

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On March 17, Tencent Music Entertainment Group (hereinafter referred to as “Tencent Music”) (NYSE: TME and HKEX: 1698) announced its unaudited financial results for the fourth quarter and full year ending December 31, 2025.

Tencent Music’s total revenue for the fourth quarter was 8.64 billion yuan, a year-on-year increase of 15.9%. Adjusted net profit was 2.58 billion yuan, up 7.6% year-on-year. For the full year, total revenue reached 32.90 billion yuan, an increase of 15.8%, with adjusted net profit of 9.92 billion yuan, up 22.0%. Among these, online music subscription revenue for the full year grew 16.0% year-on-year to 17.66 billion yuan, and online music non-subscription revenue increased 39.2% to 9.07 billion yuan. Meanwhile, Tencent Music announced an annual cash dividend of approximately $368 million (about 2.576 billion yuan).

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