Tencent Music's second quarter revenue was 84.4 billion yuan, an increase of 17.9% year-on-year.
Tencent Music Entertainment Group today announced its unaudited financial performance for the second quarter ending June 30, 2025: total revenue was 8.44 billion yuan, a year-on-year increase of 17.9%, adjusted net profit was 2.64 billion yuan, a year-on-year increase of 33.0%. In the second quarter, online music service revenue increased by 26.4% year-on-year to 6.85 billion yuan, the number of online music paying users increased by 6.3% year-on-year to 124.4 million, and the average monthly income per paying user increased from 10.7 yuan in the same period of 2024 to 11.7 yuan.
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