KPI data tables
Tencent operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.
| Period | Value-Added Services (gaming + social) | Online Advertising | Fintech & Business Services (incl. Cloud + AI) |
|---|---|---|---|
| Q1 2026 | 98.4 | 38.2 | 59.9 |
| Q4 2025 | 92.5 | 41.1 | 60.8 |
| Q3 2025 | 95 | 37.5 | 60 |
| Q2 2025 | 91.4 | 35.8 | 55.5 |
| Q1 2025 | 90.7 | 31.9 | 54.9 |
| Q4 2024 | 79.6 | 35 | 56.1 |
| Q3 2024 | 82.7 | 30 | 53.1 |
| Q2 2024 | 78.8 | 29.9 | 50.4 |
| Q1 2024 | 78.6 | 26.5 | 52.3 |
| Q4 2023 | 69.1 | 30 | 54.4 |
| Q3 2023 | 75.7 | 25.7 | 52 |
| Q2 2023 | 74.2 | 25 | 48.6 |
| Q1 2023 | 79.3 | 21 | 48.7 |
Source: Tencent Holdings 20-F + 6-K filings (HKEX: 0700 + pink-sheet ADR: TCEHY); quarterly earnings releases + investor presentations; segment-revenue tables disclosed in MD&A section. Cross-reference with CnEVPost + Bloomberg + Reuters + South China Morning Post coverage. Q4 2025 (Dec 2025) total RMB194.4B: Marketing Services 41.1, FinTech & Business Services 60.8, VAS the residual ~92.5; Q1 2026 (Mar 2026) total RMB196.5B: Marketing Services 38.2, FinTech & Business Services 59.9, VAS ~98.4. RMB billions; USD approximate conversion: 1 USD = ~7.2 RMB.
| Period | Tencent Cloud Annual Revenue (RMB billions) |
|---|---|
| 2025 | 45 |
| 2024 | 35 |
| 2023 | 32 |
| 2022 | 32 |
| 2021 | 30 |
| 2020 | 25 |
| 2019 | 17 |
Source: Tencent quarterly earnings call commentary + investor day decks (2019-2025); CEO Pony Ma + President Martin Lau + CFO James Mitchell remarks on Tencent Cloud revenue; cross-reference with The Information + Bloomberg + Reuters + SCMP coverage of Chinese cloud market. Annual figures are management-disclosed; quarterly granularity not available. FY2025 (results released March 18, 2026): Tencent Cloud achieved scaled full-year profitability for the first time with accelerating growth (Q4 enterprise/business services revenue up 22% YoY) amid record RMB 79.2B group capex; Tencent still does not break out a standalone Cloud revenue line, so the 2025 figure is an estimate.
| Period | WeChat Combined MAU (millions) |
|---|---|
| Q1 2026 | 1,432 |
| Q4 2025 | 1,418 |
| Q3 2025 | 1,420 |
| Q2 2025 | 1,411 |
| Q1 2025 | 1,402 |
| Q4 2024 | 1,385 |
| Q3 2024 | 1,382 |
| Q2 2024 | 1,371 |
| Q1 2024 | 1,359 |
| Q4 2023 | 1,343 |
| Q3 2023 | 1,336 |
| Q2 2023 | 1,327 |
| Q1 2023 | 1,299 |
Source: Tencent Holdings 20-F + 6-K filings (HKEX: 0700 + pink-sheet ADR: TCEHY); quarterly earnings releases; CEO Pony Ma + CFO James Mitchell earnings call commentary on WeChat MAU + mini-program ecosystem. Q4 2025 (Dec 2025) combined Weixin + WeChat MAU 1,418M; Q1 2026 (Mar 2026) 1,432M. Quarter labels align with calendar quarters.