Quick Answer
Tencent Music Entertainment Group reported Gross Profit of $12.03 billion for fiscal year 2024.
Tencent Music Entertainment Group Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $12.03B | +22.8% |
| 2023 | $9.79B | +11.6% |
| 2022 | $8.77B | -6.7% |
| 2021 | $9.40B | +1.1% |
| 2020 | $9.30B | +7.3% |
| 2019 | $8.67B | +19.2% |
| 2018 | $7.28B | +91.0% |
| 2017 | $3.81B | +209.3% |
| 2016 | $1.23B | — |
- Tencent Music Entertainment Group showed an increase of +22.8% in Gross Profit compared to the prior fiscal year.
- Over the 2016–2024 period, Tencent Music Entertainment Group’s gross profit has grown by 876.1% (from $1.23 billion to $12.03 billion).
- The most recent figure is from Tencent Music Entertainment Group’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 23, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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