Tencent Music Entertainment Group annual operating margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tencent Music Entertainment Group Operating Margin Growth & History (TME)
Tencent Music Entertainment Group's operating margin was 29.59% for fiscal 2025.
View full Tencent Music Entertainment Group company overviewTencent Music Entertainment Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 29.59% | −1.07 pp |
| 2024 | 2024-12-31 | 30.67% | +8.84 pp |
| 2023 | 2023-12-31 | 21.83% | +6.15 pp |
| 2022 | 2022-12-31 | 15.68% | +3.52 pp |
| 2021 | 2021-12-31 | 12.16% | −3.99 pp |
| 2020 | 2020-12-31 | 16.16% | −2.02 pp |
| 2019 | 2019-12-31 | 18.17% | +7.43 pp |
| 2018 | 2018-12-31 | 10.74% | −3.77 pp |
| 2017 | 2017-12-31 | 14.51% | +12.15 pp |
| 2016 | 2016-12-31 | 2.36% | — |
Tencent Music Entertainment Group quarterly operating margin
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 30.30% | −0.41 pp |
| Q1 2026 | 2026-03-31 | 29.58% | +1.04 pp |
| Q4 2025 | 2025-12-31 | 30.95% | — |
| Q3 2025 | 2025-09-30 | 28.02% | — |
| Q2 2025 | 2025-06-30 | 30.72% | — |
| Q1 2025 | 2025-03-31 | 28.53% | — |
Tencent Music Entertainment Group operating margin trends
Over the last five fiscal years, Tencent Music Entertainment Group's operating margin increased from 16.16% to 29.59%, a change of +13.44 percentage points. The latest reported quarter, Q2 2026, shows 30.30%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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