Tencent Holdings Limited (TCEHY)

TCEHY Cash Flow Statement

Operating, investing, and financing cash flow analysis

TCEHY Quarterly Cash Flow Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Cash from Operations (CFO)	—	—	—	—	10.379B	10.592B	7.402B	11.114B	7.443B
Net Income	33.165B	8.368B	8.214B	8.819B	7.763B	6.588B	7.029B	7.583B	6.552B
Depreciation & Amortization	8.496B	2.599B	2.552B	2.408B	938.055M	824.769M	650.971M	886.386M	745.300M
Stock-Based Compensation	—	—	—	—	1.153B	1.525B	840.934M	908.467M	853.285M
Change in Accounts Receivable	30.049B	8.391B	7.143B	7.354B	7.161B	6.793B	6.602B	6.743B	7.188B
Change in Inventory	—	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—	—
Change in Working Capital	—	—	—	—	0.00	0.00	-756.567M	0.00	0.00
Cash from Investing	—	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	—	—	—	—	-3.148B	-3.168B	-3.115B	-3.936B	364.259M
Acquisitions	—	—	—	—	-1.398B	0.00	-1.075B	197.734M	-190.933M
Cash from Financing	—	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	—	—	—	—	-2.848B	-2.178B	-3.059B	-4.944B	-4.859B
Dividends Paid	—	—	—	—	-5.238B	0.00	394.993M	-410.855M	-3.970B
Free Cash Flow (FCF)	—	—	—	—	7.231B	7.424B	4.287B	7.178B	7.807B
Net Change in Cash	—	—	—	—	-3.237B	10.020B	-1.773B	-1.146B	-1.033B

TCEHY Annual Cash Flow Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Cash from Operations (CFO)	43.324B	35.407B	31.263B	21.170B	27.571B	29.739B	21.338B	15.477B
Net Income	31.268B	26.580B	16.228B	27.278B	35.382B	24.489B	13.399B	11.446B
Depreciation & Amortization	9.156B	3.031B	2.956B	3.393B	9.076B	7.779B	6.415B	4.980B
Stock-Based Compensation	3.668B	2.835B	2.968B	3.615B	3.403B	1.936B	1.454B	1.144B
Change in Accounts Receivable	7.143B	6.602B	6.564B	6.589B	7.764B	6.891B	5.146B	4.133B
Change in Inventory	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—
Change in Working Capital	2.357B	2.997B	2.709B	-2.677B	140.226M	4.201B	2.201B	711.878M
Cash from Investing	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-16.137B	-13.155B	-6.677B	-7.369B	-9.784B	-10.203B	-8.183B	-7.860B
Acquisitions	-4.963B	-1.075B	-1.254B	-1.778B	-10.541B	-2.313B	-2.209B	-6.268B
Cash from Financing	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-10.481B	-14.015B	-6.165B	-4.665B	-786.428M	0.00	-150.206M	-113.848M
Dividends Paid	-5.366B	-3.953B	-2.955B	-1.877B	-1.968B	-1.584B	-1.194B	-985.230M
Free Cash Flow (FCF)	27.187B	22.252B	24.586B	13.801B	17.787B	19.536B	13.154B	7.616B
Net Change in Cash	1.218B	-5.451B	2.195B	-1.627B	2.387B	3.034B	5.051B	-1.146B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Tencent Holdings Limited

Tencent Holdings Limited is an investment holding company that specializes in providing a wide array of value-added services (VAS) and online advertising solutions, operating both within Mainland China and across international markets. The company's diverse business operations are structured into several key segments: Value-Added Services (VAS), Online Advertising, FinTech and Business Services, and other various ventures. Tencent's offerings encompass popular online games, extensive social networking platforms, cutting-edge FinTech and cloud computing solutions, and comprehensive digital advertising services. Beyond these core areas, the company is also actively involved in the production, investment, and distribution of films and television programs for external clients, alongside managing copyright licensing, merchandise sales, and related activities. Further expanding its technological and entertainment footprint, Tencent develops proprietary software, operates its significant online gaming portfolio, and delivers services in information technology, system integration, and asset management. Its cultural ventures extend to online literature and digital music entertainment platforms. Established in 1998, Tencent Holdings maintains its headquarters in Shenzhen, People's Republic of China.

Shenzhen

110,558 employees

www.tencent.com

Communication Services / Internet Content & Information

Sector: Communication Services
Industry: Internet Content & Information
CEO: Huateng Ma

View full financials