Tencent Holdings Limited (HKG:0700)

Tencent Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Operating Revenue	202,265	194,166	191,854	190,276	182,666	178,893	170,151	165,777	159,133	157,437	153,252	153,517	147,849	149,002	142,321	139,014	132,529	133,494	141,389	141,015
Other Revenue	2,520	2,292	2,517	2,593	1,838	1,129	2,295	1,416	1,984	2,064	1,944	1,108	1,359	984	2,633	1,079	1,505	1,977	2,799	1,353
Revenue	204,785	196,458	194,371	192,869	184,504	180,022	172,446	167,193	161,117	159,501	155,196	154,625	149,208	149,986	144,954	140,093	134,034	135,471	144,188	142,368
Revenue Growth (YoY)	10.99%	9.13%	12.71%	15.36%	14.52%	12.87%	11.12%	8.13%	7.98%	6.34%	7.07%	10.37%	11.32%	10.71%	0.53%	-1.60%	-3.06%	0.12%	7.87%	13.49%
Cost of Revenue	86,352	85,193	85,805	84,071	79,491	79,529	81,741	78,365	75,222	75,631	77,629	78,102	78,368	81,804	82,991	78,110	76,167	78,397	86,384	79,621
Gross Profit	118,433	111,265	108,566	108,798	105,013	100,493	90,705	88,828	85,895	83,870	77,567	76,523	70,840	68,182	61,963	61,983	57,867	57,074	57,804	62,747
Selling, General & Admin	50,677	45,143	45,266	45,727	41,331	37,530	41,688	38,469	36,647	32,345	38,146	34,201	33,721	31,651	33,600	33,597	34,001	34,727	35,996	34,297
Other Operating Expenses	480	-1,253	-1,104	-483	3,578	1,397	-2,319	-2,974	-1,484	-1,031	-4,853	-2,026	828	-1,520	-4,295	-1,246	-158	-1,486	-1,261	-2,670
Operating Expenses	51,157	43,890	44,162	45,244	44,909	38,927	39,369	35,495	35,163	31,314	33,293	32,175	34,549	30,131	29,305	32,351	33,843	33,241	34,735	31,627
Operating Income	67,276	67,375	64,404	63,554	60,104	61,566	51,336	53,333	50,732	52,556	44,274	44,348	36,291	38,051	32,658	29,632	24,024	23,833	23,069	31,120
Interest Expense	-3,212	-3,134	-3,323	-3,206	-3,541	-3,386	-3,340	-3,145	-2,918	-3,044	-3,015	-3,061	-3,009	-2,800	-2,826	-2,729	-2,327	-2,103	-2,188	-2,092
Interest & Investment Income	4,750	4,397	5,130	4,699	4,883	3,994	3,996	4,101	4,084	4,538	3,982	3,563	3,750	3,059	1,792	2,373	2,647	1,780	1,738	1,788
Earnings From Equity Investments	-9,993	3,620	6,832	7,854	4,473	4,581	9,253	6,019	7,718	2,186	2,463	2,098	1,159	80	-1,692	-3,697	-4,460	-6,280	-8,267	-5,668
Currency Exchange Gain (Loss)	233	-	-1,674	-	-400	-	466	-	-194	-	-383	-	-282	-	633	-	518	-	804	-
Other Non Operating Income (Expenses)	-1,883	-926	1,146	-853	-817	197	-1,687	-426	-1,174	-758	-1,414	222	1,360	-1,401	-1,465	779	-	168	-479	150
EBT Excluding Unusual Items	57,171	71,332	72,515	72,048	64,702	66,952	60,024	59,882	58,248	55,478	45,907	47,170	39,269	36,989	29,100	26,358	20,402	17,398	14,677	25,298
Merger & Restructuring Charges	-	-	-4,000	-	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Goodwill	-	-	-1,503	-	-310	-	-1,095	-97	-35	-35	-5	-	-	-	3,894	-3,894	-	-	-8,501	-
Gain (Loss) on Sale of Investments	12,519	2,637	5,047	2,680	3,003	490	4,284	3,098	321	1,377	-5,431	619	-1,093	879	78,347	23,492	3,572	11,609	93,415	20,229
Gain (Loss) on Sale of Assets	-	-	211	-	-	-	194	-	-	-	126	-	-	-	108	-	-	-	-	-
Asset Writedown	-	-	-586	-	-	-	-159	-	-	-	-93	-	-	-	-141	-	-	-	2	-
Legal Settlements	-	-	-	-	-	-	-	-	-	-	-18	-	-	-	-	-	-	-	-	-
Other Unusual Items	-	-	-	-	-	-	-	-	-	-	-2,978	-	-8	-9	171	-10	-176	-5	-	-
Pretax Income	69,690	73,969	71,684	74,728	67,395	63,442	63,248	62,883	58,534	56,820	37,508	47,789	38,168	37,859	111,479	45,946	23,798	29,002	99,593	45,527
Income Tax Expense	11,713	14,577	12,595	9,785	11,351	13,717	11,781	8,900	10,168	14,169	9,658	11,008	11,145	11,465	4,575	7,104	4,568	5,269	3,888	5,452
Earnings From Continuing Operations	57,977	59,392	59,089	64,943	56,044	49,725	51,467	53,983	48,366	42,651	27,850	36,781	27,023	26,394	106,904	38,842	19,230	23,733	95,705	40,075
Minority Interest in Earnings	-1,955	-1,299	-829	-1,810	-416	-1,904	-143	-753	-736	-762	-825	-599	-852	-556	-636	1,101	-611	-320	-747	-565
Net Income	56,022	58,093	58,260	63,133	55,628	47,821	51,324	53,230	47,630	41,889	27,025	36,182	26,171	25,838	106,268	39,943	18,619	23,413	94,958	39,510
Net Income to Common	56,022	58,093	58,260	63,133	55,628	47,821	51,324	53,230	47,630	41,889	27,025	36,182	26,171	25,838	106,268	39,943	18,619	23,413	94,958	39,510
Net Income Growth (YoY)	0.71%	21.48%	13.51%	18.60%	16.79%	14.16%	89.91%	47.12%	81.99%	62.12%	-74.57%	-9.42%	40.56%	10.36%	11.91%	1.10%	-56.28%	-50.98%	60.13%	2.51%
Shares Outstanding (Basic)	9,025	9,033	9,056	9,081	9,097	9,106	9,170	9,238	9,318	9,352	9,407	9,452	9,478	9,483	9,511	9,541	9,542	9,538	9,537	9,536
Shares Outstanding (Diluted)	9,153	9,173	9,283	9,232	9,247	9,261	9,357	9,360	9,445	9,484	9,628	9,597	9,625	9,657	9,681	9,678	9,675	9,689	9,701	9,676
Shares Change (YoY)	-1.02%	-0.95%	-0.79%	-1.37%	-2.10%	-2.35%	-2.81%	-2.47%	-1.87%	-1.79%	-0.55%	-0.84%	-0.52%	-0.33%	-0.21%	0.02%	-0.21%	0.02%	-0.01%	0.26%
EPS (Basic)	6.21	6.43	6.43	6.95	6.11	5.25	5.60	5.76	5.11	4.48	2.87	3.83	2.76	2.72	11.17	4.19	1.95	2.45	9.96	4.14
EPS (Diluted)	6.10	6.30	6.23	6.78	6.00	5.13	5.46	5.64	4.99	4.39	2.79	3.75	2.69	2.64	10.95	4.10	1.92	2.40	9.79	4.07
EPS Growth (YoY)	1.80%	22.88%	14.08%	20.11%	20.08%	16.93%	95.95%	50.42%	85.31%	66.19%	-74.54%	-8.58%	40.69%	9.79%	11.84%	0.74%	-56.34%	-51.11%	60.30%	2.79%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Free Cash Flow	-5,905	64,351	38,559	71,304	56,294	49,413	31,301	50,387	55,915	57,991	49,315	55,011	38,742	57,886	25,287	41,365	29,909	26,851	43,680	35,058
Free Cash Flow Per Share	-0.65	7.01	4.15	7.72	6.09	5.34	3.35	5.38	5.92	6.12	5.12	5.73	4.03	5.99	2.61	4.27	3.09	2.77	4.50	3.62
Dividend Per Share	-	-	4.763	-	-	-	4.229	-	-	-	3.086	-	-	-	2.123	-	-	-	1.303	-
Dividend Growth (YoY)	-	-	12.63%	-	-	-	37.02%	-	-	-	45.37%	-	-	-	62.87%	-	-	-	-3.25%	-
Gross Margin	57.83%	56.64%	55.85%	56.41%	56.92%	55.82%	52.60%	53.13%	53.31%	52.58%	49.98%	49.49%	47.48%	45.46%	42.75%	44.24%	43.17%	42.13%	40.09%	44.07%
Operating Margin	32.85%	34.29%	33.13%	32.95%	32.58%	34.20%	29.77%	31.90%	31.49%	32.95%	28.53%	28.68%	24.32%	25.37%	22.53%	21.15%	17.92%	17.59%	16.00%	21.86%
Profit Margin	27.36%	29.57%	29.97%	32.73%	30.15%	26.56%	29.76%	31.84%	29.56%	26.26%	17.41%	23.40%	17.54%	17.23%	73.31%	28.51%	13.89%	17.28%	65.86%	27.75%
Free Cash Flow Margin	-2.88%	32.76%	19.84%	36.97%	30.51%	27.45%	18.15%	30.14%	34.71%	36.36%	31.78%	35.58%	25.96%	38.59%	17.45%	29.53%	22.31%	19.82%	30.29%	24.63%
EBITDA	77,515	76,510	71,339	71,679	66,826	67,553	56,089	59,285	56,420	58,295	48,538	50,103	41,531	43,782	36,531	36,201	30,337	30,495	27,983	37,469
EBITDA Margin	37.85%	38.95%	36.70%	37.16%	36.22%	37.52%	32.53%	35.46%	35.02%	36.55%	31.27%	32.40%	27.83%	29.19%	25.20%	25.84%	22.63%	22.51%	19.41%	26.32%
D&A For EBITDA	10,239	9,135	6,935	8,125	6,722	5,987	4,753	5,952	5,688	5,739	4,264	5,755	5,240	5,731	3,873	6,569	6,313	6,662	4,914	6,349
EBIT	67,276	67,375	64,404	63,554	60,104	61,566	51,336	53,333	50,732	52,556	44,274	44,348	36,291	38,051	32,658	29,632	24,024	23,833	23,069	31,120
EBIT Margin	32.85%	34.29%	33.13%	32.95%	32.58%	34.20%	29.77%	31.90%	31.49%	32.95%	28.53%	28.68%	24.32%	25.37%	22.53%	21.15%	17.92%	17.59%	16.00%	21.86%
Effective Tax Rate	16.81%	19.71%	17.57%	13.09%	16.84%	21.62%	18.63%	14.15%	17.37%	24.94%	25.75%	23.04%	29.20%	30.28%	4.10%	15.46%	19.20%	18.17%	3.90%	11.97%
Revenue as Reported	204,785	196,458	194,371	192,869	184,504	180,022	172,446	167,193	161,117	159,501	155,196	154,625	149,208	149,986	144,954	140,093	134,034	135,471	144,188	142,368
Advertising Expenses	9,191	8,716	-	-	6,693	5,090	-	-	6,366	4,988	-	-	-	4,264	-	-	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 18, 2026

Data Sources Report a data error