Tencent Music Entertainment Group · TME · Next earnings

Tencent Music Entertainment Group reports Tuesday, Nov 17, 2026

TME reports before market open with consensus EPS at $0.22 and revenue at $1.37B. Last quarter: Tencent Music: Growth broadens as Ximalaya and AI expand the platform

Reports Before market open13 days awayDate estimated Communication Services

What the street expects

Consensus for the coming report
Consensus EPS $0.22 Calendar consensus
Consensus revenue $1.37B Calendar consensus
Report date Nov 17, 2026 Tuesday, date estimated
Session Before market open 13 days away

Where TME left off: FY2026 Q2

Full report

Tencent Music: Growth broadens as Ximalaya and AI expand the platform

EPS surprise +4.2% Reported $0.25 vs $0.24
Revenue surprise +1.1% Reported $1.32B vs $1.30B
Stock move -11.9% Event window
Subsequent drift -9.5% Up to 20 sessions

No formal guidance was provided in the supplied current-quarter analysis; management outlined product, integration, and shareholder-return priorities instead.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Advertising headwinds and intensifying competition in music and short-form audio.
  • Potential margin pressure from the expanding offline performance business.
  • Ximalaya integration risks and regulatory scrutiny around copyright and AI use.

Questions analysts left open

  • Whether IP-related revenue momentum can continue through the rest of 2026.
  • The margin and earnings impact of consolidating Ximalaya.
  • Whether SVIP growth, advertising, and AI initiatives can scale efficiently.

Ask FN2 about TME next report

Transcript, numbers and history already loaded
What should I watch for in TME's next earnings report?How did TME guide last quarter, and is consensus above or below that?Give me the bull and bear case going into TME earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the TME recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent TME quarters

All TME earnings
-11.9%FY2026 Q2-24.7%FY2025 Q4-8.4%FY2025 Q3+11.9%FY2025 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.