Tencent Music Entertainment Group (TME) Revenue

Price: $14
Market Cap: $9.80B
Avg Volume: 8.27M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Beta: 0.69
52W Range: $9.41-15.77
Website: Tencent Music Entertainment Group

What is Tencent Music Entertainment Group's Revenue?

Tencent Music Entertainment Group's quarterly revenue as of Q4 2024 is $7.46B.

Tencent Music Entertainment Group's annual revenue for the fiscal year 2024 is $28.40B.

Related metrics for Tencent Music Entertainment Group (quarterly):

  • Cost of Revenue: $4.21B
  • Gross Profit: $3.25B
  • Gross Profit Ratio: 43.62%
  • Revenue Per Share: $2.40
  • Revenue Growth: 6.32%

Apple's quarterly revenue was $7.46B, with a cost of revenue of $4.21B, which leaves $3.25B gross profit and a gross profit ratio of 43.62%.

Related metrics for Tencent Music Entertainment Group (annual):

  • Cost of Revenue: $16.38B
  • Gross Profit: $12.03B
  • Gross Profit Ratio: 42.34%
  • Revenue Per Share: $9.06
  • Revenue Growth: 2.34%

Apple's annual revenue was $28.40B, with a cost of revenue of $16.38B, which leaves $12.03B gross profit and a gross profit ratio of 42.34%.

Understanding Revenue

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. It is often referred to as the "top line" because it sits at the top of the income statement.

Tencent Music Entertainment Group's Historical Revenue$35.00B$35.00B$28.00B$28.00B$21.00B$21.00B$14.00B$14.00B$7.00B$7.00B$0.00$0.00Revenue2017201720182018201920192020202020212021202220222023202320242024
Tencent Music Entertainment Group's Revenue Growth160.00%160.00%120.00%120.00%80.00%80.00%40.00%40.00%0.00%0.00%-40.00%-40.00%Growth Rate (%)201720172018201820192019202020202021202120222022202320232024202420252025
Tencent Music Entertainment Group's Revenue Per Share$10.00$10.00$8.00$8.00$6.00$6.00$4.00$4.00$2.00$2.00$0.00$0.00Revenue Per Share2017201720182018201920192020202020212021202220222023202320242024
End of Year Revenue

The table below shows the revenue for each fiscal year, with the latest data available for 2024.

Year Revenue Change
2024 $28.40B 2.34%
2023 $27.75B -2.07%
2022 $28.34B -9.30%
2021 $31.24B 7.17%
2020 $29.15B 14.62%
2019 $25.43B 33.97%
2018 $18.98B 72.89%
2017 $10.98B 151.80%
2016 $4.36B N/A

Related Metrics

Explore detailed financial metrics and analysis for TME.