TME Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	33,441	32,902	28,401	27,752	28,339	31,244
Revenue Growth (YoY)	15.36%	15.85%	2.34%	-2.07%	-9.30%	7.17%
Cost of Revenue	18,602	18,367	16,376	17,957	19,566	21,840
Gross Profit	14,839	14,535	12,025	9,795	8,773	9,404
Selling, General & Admin	4,925	4,857	4,676	5,018	5,557	6,687
Other Operating Expenses	-1,261	-3,686	-1,361	-1,282	-1,227	-1,083
Total Operating Expenses	3,664	1,171	3,315	3,736	4,330	5,604
Operating Income	11,175	13,364	8,710	6,059	4,443	3,800
Interest Expense	-150	-129	-94	-141	-108	-121
Other Non-Operating Income (Expense)	12	42	96	127	38	-47
Total Non-Operating Income (Expense)	-138	-87	2	-14	-70	-168
Pretax Income	11,037	13,277	8,712	6,045	4,373	3,632
Provision for Income Taxes	1,935	1,924	1,603	825	534	417
Net Income	8,856	11,056	6,644	4,920	3,677	3,029
Minority Interest in Earnings	246	297	465	300	162	186
Net Income to Common	8,856	11,056	6,644	4,920	3,677	3,029
Net Income Growth	-6.91%	66.41%	35.04%	33.80%	21.39%	-27.10%
Shares Outstanding (Basic)	1,537	1,534	1,542	1,561	1,602	1,661
Shares Outstanding (Diluted)	1,556	1,554	1,565	1,584	1,617	1,682
Shares Change (YoY)	-0.25%	-0.70%	-1.18%	-2.04%	-3.82%	0.08%
EPS (Basic)	5.78	7.20	4.30	3.16	2.30	1.82
EPS (Diluted)	5.70	7.12	4.24	3.10	2.28	1.80
EPS Growth	-6.86%	67.92%	36.77%	35.97%	26.67%	-27.42%
Shares Outstanding	1,550	1,550	1,541	1,690	1,689	1,687
Free Cash Flow	10,044	9,926	9,956	7,172	15,023	10,450
Free Cash Flow Growth	1.19%	-0.30%	38.82%	-52.26%	43.76%	7.49%
Free Cash Flow Per Share	6.45	6.39	6.36	4.53	9.29	6.21
Dividends Per Share	1.679	1.679	1.314	0.972	-	-
Dividend Growth	-	27.77%	35.23%	-	-	-
Gross Margin	44.37%	44.18%	42.34%	35.29%	30.96%	30.10%
Operating Margin	33.42%	40.62%	30.67%	21.83%	15.68%	12.16%
Profit Margin	27.22%	34.51%	25.03%	18.81%	13.55%	10.29%
FCF Margin	30.04%	30.17%	35.06%	25.84%	53.01%	33.45%
EBITDA	11,175	14,739	9,688	7,063	5,603	4,801
EBITDA Margin	33.42%	44.80%	34.11%	25.45%	19.77%	15.37%
EBIT	11,175	13,364	8,710	6,059	4,443	3,800
EBIT Margin	33.42%	40.62%	30.67%	21.83%	15.68%	12.16%
Effective Tax Rate	17.53%	14.49%	18.40%	13.65%	12.21%	11.48%

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q