Tencent vs Alphabet: Revenue Comparison

Tencent (TCEHY) and Alphabet (GOOGL) are peers in AI Software. Tencent reported revenue of $26.8B as of Q1 2026, compared with $119.8B for Alphabet. Alphabet leads on revenue.

Tencent's gross margin is 54.6% versus 61.6% for Alphabet. Tencent's net margin is 29.6% versus 93.7% for Alphabet.

Tencent logo
Tencent
Alphabet logo
Alphabet

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: Tencent 26.752, Alphabet 119.796.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Tencent, Alphabet.
MetricTencentAlphabet
Market Cap--
Revenue$26.75B$119.80B
Cost of Revenue$12.15B$45.94B
Gross Profit$14.60B$73.85B
Operating Income$9.00B$40.77B
Net Income$7.91B$112.19B
R&D Expense$3.07B$18.22B
Earnings Per Share$0.86$9.11
Gross Margin54.6%61.6%
Operating Margin33.7%34.0%
Net Profit Margin29.6%93.7%
Free Cash Flow$8.82B$-16.76B
Cumulative Free Cash Flow$217.58B$574.22B
Operating Cash Flow$13.88B$28.16B
Cash & Equivalents$30.76B$55.91B

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