Tencent Music Entertainment Group (TCMEF) stock
TCMEFOTCRadio Broadcasting StationsFiscal year ends December 31Also trades as TME
$4.69+0.70 (+17.54%)
Close on Oct 19, 2026Market cap $7.38BP/E –Yield –
Tencent Music Entertainment gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 44.2%, against 42.3% the year before. The highest annual figure on record is 44.2% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 44.2% | +1.8 |
| FY2024 | Dec 31, 2024 | 42.3% | +7.0 |
| FY2023 | Dec 31, 2023 | 35.3% | +4.3 |
| FY2022 | Dec 31, 2022 | 31.0% | +0.9 |
| FY2021 | Dec 31, 2021 | 30.1% | −1.8 |
| FY2020 | Dec 31, 2020 | 31.9% | −2.2 |
| FY2019 | Dec 31, 2019 | 34.1% | −4.2 |
| FY2018 | Dec 31, 2018 | 38.3% | +3.6 |
| FY2017 | Dec 31, 2017 | 34.7% | +6.4 |
| FY2016 | Dec 31, 2016 | 28.3% | – |
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