Tencent Music Entertainment Group (NYSE: TME, HKEX: 1698) reported its unaudited financial results for the fourth quarter and full year ended December 31, 2025, on March 17, 2026.
In the fourth quarter, Tencent Music recorded total revenue of RMB 8.64 billion, a year-over-year increase of 15.9%, with adjusted net profit reaching RMB 2.58 billion, up 7.6% compared to the same period last year. For the full year, total revenue amounted to RMB 32.90 billion, rising 15.8% year-over-year, while adjusted net profit grew 22.0% to RMB 9.92 billion. Full-year online music subscription revenue increased by 16.0% to RMB 17.66 billion, and non-subscription online music revenue rose 39.2% to RMB 9.07 billion. Additionally, Tencent Music announced the distribution of approximately USD 368 million (roughly RMB 2.576 billion) in annual cash dividends.