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Side-by-side financial comparison of Tencent Music Entertainment Group (TME) and Townsquare Media, Inc. (TSQ). Click either name above to swap in a different company.

Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China.

Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TME
TME
TSQ
TSQ
Q4 25
$106.5M
Q3 25
$106.8M
Q2 25
$115.4M
Q1 25
$98.7M
Q4 24
$117.8M
Q3 24
$115.3M
Q2 24
$118.2M
Q1 24
$99.6M
Net Profit
TME
TME
TSQ
TSQ
Q4 25
$-5.2M
Q3 25
$-5.9M
Q2 25
$1.6M
Q1 25
$-2.0M
Q4 24
$24.6M
Q3 24
$10.8M
Q2 24
$-49.2M
Q1 24
$1.1M
Gross Margin
TME
TME
TSQ
TSQ
Q4 25
24.1%
Q3 25
26.2%
Q2 25
28.3%
Q1 25
23.2%
Q4 24
31.6%
Q3 24
27.3%
Q2 24
27.7%
Q1 24
22.8%
Operating Margin
TME
TME
TSQ
TSQ
Q4 25
9.5%
Q3 25
5.6%
Q2 25
18.2%
Q1 25
7.2%
Q4 24
18.1%
Q3 24
13.1%
Q2 24
-18.1%
Q1 24
6.7%
Net Margin
TME
TME
TSQ
TSQ
Q4 25
-4.9%
Q3 25
-5.5%
Q2 25
1.4%
Q1 25
-2.0%
Q4 24
20.8%
Q3 24
9.4%
Q2 24
-41.7%
Q1 24
1.1%
EPS (diluted)
TME
TME
TSQ
TSQ
Q4 25
Q3 25
$-0.36
Q2 25
$0.09
Q1 25
$-0.12
Q4 24
$1.76
Q3 24
$0.63
Q2 24
$-3.26
Q1 24
$0.06

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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