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.

Tencent Group Quarterly Revenue by Segment (RMB billions)
PeriodValue-Added Services (gaming + social)Online AdvertisingFintech & Business Services (incl. Cloud + AI)
Q1 202698.438.259.9
Q4 202592.541.160.8
Q3 20259537.560
Q2 202591.435.855.5
Q1 202590.731.954.9
Q4 202479.63556.1
Q3 202482.73053.1
Q2 202478.829.950.4
Q1 202478.626.552.3
Q4 202369.13054.4
Q3 202375.725.752
Q2 202374.22548.6
Q1 202379.32148.7

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.

Tencent Cloud Revenue Commentary Series (Selective Quarterly Datapoints) (RMB billions (annual))
PeriodTencent Cloud Annual Revenue (RMB billions)
202545
202435
202332
202232
202130
202025
201917

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.

Tencent WeChat Combined MAU (Weixin + WeChat International) (millions of MAU)
PeriodWeChat Combined MAU (millions)
Q1 20261,432
Q4 20251,418
Q3 20251,420
Q2 20251,411
Q1 20251,402
Q4 20241,385
Q3 20241,382
Q2 20241,371
Q1 20241,359
Q4 20231,343
Q3 20231,336
Q2 20231,327
Q1 20231,299

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.

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Tencent (TCEHY) - KPIs | Sterling