Tencent Music Entertainment ( (TME) ) has released its Q3 earnings. Here is a breakdown of the information Tencent Music Entertainment presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Tencent Music Entertainment Group (TME) is the leading online music and audio entertainment platform in China, offering a range of services including online music, karaoke, and live streaming through popular apps like QQ Music and WeSing.
In the third quarter of 2025, Tencent Music reported a significant increase in revenue and profit, driven by strong growth in its online music services. The company achieved a 20.6% year-over-year increase in total revenues, reaching RMB8.46 billion, with online music services contributing significantly to this growth.
Key financial highlights include a 27.2% increase in revenues from online music services and a 36.0% rise in net profit attributable to equity holders. The company’s strategic focus on expanding its music catalog and enhancing user experiences through partnerships and innovative offerings has bolstered its market position. Additionally, the successful hosting of live concerts and the introduction of new membership options have contributed to increased user engagement and revenue.
Looking ahead, Tencent Music aims to further enhance its platform efficiency and capitalize on emerging opportunities in the music industry. The company remains committed to driving music creation and consumption, supported by its strong financial position and operational excellence.