Tencent Music Entertainment Group Cost of Goods Sold 2018-2026 | TME
Tencent Music Entertainment Group annual/quarterly cost of goods sold history and growth rate from 2018 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Tencent Music Entertainment Group cost of goods sold for the quarter ending March 31, 2026 was $630M, a 11.11% increase year-over-year.
- Tencent Music Entertainment Group cost of goods sold for the twelve months ending March 31, 2026 was $2.618B, a 13.46% increase year-over-year.
- Tencent Music Entertainment Group annual cost of goods sold for 2025 was $2.626B, a 15.28% increase from 2024.
- Tencent Music Entertainment Group annual cost of goods sold for 2024 was $2.278B, a 10.22% decline from 2023.
- Tencent Music Entertainment Group annual cost of goods sold for 2023 was $2.537B, a 12.73% decline from 2022.
|
Tencent Music Entertainment Group Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2025 | $2,626 |
| 2024 | $2,278 |
| 2023 | $2,537 |
| 2022 | $2,908 |
| 2021 | $3,385 |
| 2020 | $2,876 |
| 2019 | $2,425 |
| 2018 | $1,769 |
| 2017 | $1,061 |
|
Tencent Music Entertainment Group Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2026-03-31 | $630 |
| 2025-12-31 | $661 |
| 2025-09-30 | $672 |
| 2025-06-30 | $655 |
| 2025-03-31 | $567 |
| 2024-06-30 | $571 |
| 2024-03-31 | $554 |
| 2023-12-31 | $615 |
| 2023-09-30 | $579 |
| 2023-06-30 | $660 |
| 2023-03-31 | $683 |
| 2022-12-31 | $732 |
| 2022-09-30 | $698 |
| 2022-06-30 | $723 |
| 2022-03-31 | $755 |
| 2021-12-31 | $851 |
| 2021-09-30 | $853 |
| 2021-06-30 | $863 |
| 2021-03-31 | $818 |
| 2020-12-31 | $836 |
| 2020-09-30 | $754 |
| 2020-06-30 | $674 |
| 2020-03-31 | $612 |
| 2019-12-31 | $696 |
| 2019-09-30 | $601 |
| 2019-06-30 | $576 |
| 2019-03-31 | $552 |
| 2018-12-31 | |
| 2018-09-30 | |
| 2017-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Consumer Discretionary | Media Conglomerates | $14.498B | $4.705B |
| Tencent Music Entertainment Group provides an online music entertainment platform primarily in China. The Company offers online music, recording, and music-centric live streaming services. Tencent Music Entertainment Group is based in Shenzhen, China. | |||
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