Tencent Music Released 2025 Financial Report with Annual Revenue of 32.9 Billion Yuan, Up 15.8% Year-over-Year

Phoenix Technology News, March 17 — Chinese online music and audio entertainment platform Tencent Music Entertainment Group announced its unaudited financial results for the fourth quarter and full year ending December 31, 2025, demonstrating steady overall growth. The company also announced its annual cash dividend distribution plan.

According to the financial report, in Q4 2025, Tencent Music’s total revenue reached 8.64 billion yuan, a 15.9% increase year-over-year; adjusted net profit was 2.58 billion yuan, up 7.6%. For the full year, the company’s total revenue was 32.90 billion yuan, a 15.8% increase; adjusted net profit was 9.92 billion yuan, up 22.0%, with profitability continuing to improve.

Online music remains the core driver of the company’s high-quality growth, showing a diversified and healthy growth trend. Notably, full-year subscription revenue from online music was 17.66 billion yuan, a 16.0% increase; non-subscription revenue from online music grew even more strongly, reaching 9.07 billion yuan for the year, a 39.2% increase year-over-year.

Meanwhile, Tencent Music announced an annual cash dividend of approximately $368 million (about 2.576 billion yuan). In 2025, the company continued to deepen its “integrated content and platform with two wings” strategy, expanding into live performances, music peripherals, artist collaborations, and other businesses to unlock the value of music IP. It also leveraged AI technology to empower music creation and user experience, further consolidating its industry advantages. Looking ahead, Tencent Music will continue to create long-term value and work with industry partners to promote industry development.