Tencent Q1 revenue rises 9% on gaming and AI demand, but misses estimates
Published on May 13, 2026.
Tencent Holdings (0700.HK) reported a 9% growth in Q1 revenue, largely due to strong demand for its games and AI services. However, the company's net profit was only 58.1 billion yuan, lower than anticipated. The company posted revenue of 196.5 billion yuan ($28.94 billion) for the three months of the period ending March 31, compared to 198.96 billion yuan expected by analysts.
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