Tencent Earnings Q1 2025
2025 got off to a positive start for Tencent, with Q1 revenue up 13% from last year to US$25.1 billion*. Non-IFRS net profit is also up 22%.
Our high-quality revenue streams continued to drive growth and operating leverage, supporting more investments in #AI. The integration of Yuanbao, our AI assistant, into Weixin is benefiting users and even providing growth opportunities for creators. AI-powered enhancements to our advertising tech platform and enterprise-facing services also performed well.
Our entertainment platforms saw steady increases in music subscriptions. International games revenue was up 23% from Q1 last year, while evergreen titles like Honor of Kings and CrossFire Mobile delivered record gross receipts in China.
Looking ahead, we expect our strategic AI investments to create value for users and society, and generate incrementally substantial returns for us over the longer term.
View the full results of our Q1 report here: https://static.www.tencent.com/uploads/2025/05/14/ee0333e84ef3636e45bd394cd0815f08.pdf
*Figures stated in USD are based on USD1 to RMB7.1782
*Year-on-year growth rates are calculated based on reported financial figures in RMB