# Tencent Music (TME) — Earnings

TME · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/tme/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.23 |
| EPS estimate | $0.23 |
| EPS surprise | +1.32% |
| Revenue surprise | +1.34% |
| Revenue | $1.3B |
| Revenue estimate | $1.3B |
| Reported | Aug 11, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1744676/000095010326012141/dp251620_6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/057ebcf4-eceb-9890-b8a8-686e2381a39c.html) |

Tencent Music reported Q2 2026 results on August 11, 2026. Earnings per share were $0.23, matching the $0.23 estimate in rounded terms and 1.32% ahead on the source's surprise figure. Revenue was about $1.3 billion, 1.34% above the consensus. A year earlier, Q2 2025 EPS was $0.22 and revenue about $1.2 billion, so both edged up.

Annual EPS has risen every full year in the table: $0.33 in 2022, $0.44 in 2023, $0.59 in 2024 and $0.99 in 2025. The 2025 total includes Q1 2025, an unusually strong quarter at $0.38, more than double the $0.17 estimate. The first half of 2026 adds up to $0.42, below the $0.60 of the same period in 2025, which held that Q1. Quarterly revenue stayed near $1.0 billion from 2022 through 2024 and has since reached about $1.3 billion, the highest in the table. Tencent Music beat in 8 of the last 20 quarters and missed in 12, including three misses in a row from Q3 2025 to Q1 2026.

Q3 results have come out between November 8 and November 15 in each of the past five years. That points to mid-November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 11, 2026 | $0.23 | $0.23 | 1.32% | $1.3B | $1.3B |
| Q1 2026 | May 12, 2026 | $0.20 | $0.19 | -2.07% | $1.1B | $1.1B |
| Q4 2025 | Mar 17, 2026 | $0.22 | $0.20 | -9.39% | $1.2B | $1.2B |
| Q3 2025 | Nov 12, 2025 | $0.21 | $0.19 | -6.06% | $1.2B | $1.2B |
| Q2 2025 | Aug 12, 2025 | $0.20 | $0.22 | 8.86% | $1.1B | $1.2B |
| Q1 2025 | May 13, 2025 | $0.17 | $0.38 | 119.18% | $1.0B | $1.0B |
| Q4 2024 | Mar 18, 2025 | $0.17 | $0.17 | 3.54% | $999.4M | $1.0B |
| Q3 2024 | Nov 12, 2024 | $0.16 | $0.14 | -10.29% | $998.3M | $999.4M |
| Q2 2024 | Aug 13, 2024 | $0.15 | $0.15 | -2.65% | $983.3M | $984.9M |
| Q1 2024 | May 13, 2024 | $0.13 | $0.13 | -2.70% | $908.5M | $937.0M |
| Q4 2023 | Mar 19, 2024 | $0.13 | $0.12 | -8.17% | $944.2M | $970.9M |
| Q3 2023 | Nov 14, 2023 | $0.11 | $0.10 | -6.55% | $867.8M | $899.5M |
| Q2 2023 | Aug 15, 2023 | $0.12 | $0.11 | -6.92% | $1.0B | $1.0B |
| Q1 2023 | May 16, 2023 | $0.10 | $0.11 | 4.22% | $1.0B | $1.0B |
| Q4 2022 | Mar 21, 2023 | $0.11 | $0.10 | -8.51% | $1.1B | $1.1B |
| Q3 2022 | Nov 15, 2022 | $0.08 | $0.09 | 9.32% | $994.6M | $1.0B |
| Q2 2022 | Aug 15, 2022 | $0.07 | $0.08 | 8.21% | $996.7M | $1.0B |
| Q1 2022 | May 16, 2022 | $0.07 | $0.06 | -18.92% | $1.0B | $1.0B |
| Q4 2021 | Mar 21, 2022 | $0.06 | $0.05 | -19.10% | $1.2B | $1.2B |
| Q3 2021 | Nov 8, 2021 | $0.06 | $0.07 | 6.73% | $1.2B | $1.2B |

## Frequently Asked Questions

### When did Tencent Music (TME) last report earnings?

Tencent Music last reported on Aug 11, 2026, covering fiscal Q2 2026.

### Did TME beat earnings estimates?

Yes. Tencent Music reported EPS of $0.23 for Q2 2026 against a $0.23 estimate — a 1.32% beat.

### How much revenue did TME report last quarter?

Tencent Music reported $1.3B in revenue for Q2 2026, against a consensus estimate of $1.3B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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