Tencent capex by quarter
Tencent reported ¥52.8B of capex for CY2026 Q2, +176% on the same quarter a year earlier. The table holds 7 quarters from CY2024 Q4 to CY2026 Q2.
Tencent provides cloud infrastructure and business services alongside games, social platforms and advertising. These figures cover capital expenditures across the group. Definition: Tencent group capital expenditures for IT infrastructure, datacenters, land use rights, offices and intellectual property excluding media content. This recorded capex differs from capex cash payments.
Capex by calendar quarter
CNY, as reported- Tencent
| Calendar quarter | Tencent |
|---|---|
| Q4 2024 | ¥36.6B |
| Q1 2025 | ¥27.5B |
| Q2 2025 | ¥19.1B |
| Q3 2025 | ¥13B |
| Q4 2025 | ¥19.6B |
| Q1 2026 | ¥31.9B |
| Q2 2026 | ¥52.8B |
Every reading
Open in the sortable table| Reported quarter | Calendar | Capex | YoY | Guidance | Announced | Source |
|---|---|---|---|---|---|---|
| CY2026 Q2 | Q2 2026 | ¥52.8B | +176% | — | — | tencent.com |
| CY2026 Q1 | Q1 2026 | ¥31.9B | +16% | — | — | static.www.tencent.com |
| CY2025 Q4 | Q4 2025 | ¥19.6B | −46% | — | — | static.www.tencent.com |
| CY2025 Q3 | Q3 2025 | ¥13B | — | — | — | static.www.tencent.com |
| CY2025 Q2 | Q2 2025 | ¥19.1B | — | — | — | tencent.com |
| CY2025 Q1 | Q1 2025 | ¥27.5B | — | — | — | static.www.tencent.com |
| CY2024 Q4 | Q4 2024 | ¥36.6B | — | — | — | static.www.tencent.com |
Also in China cloud
- Alibaba¥67.7B in CY2026 Q2
- Baidu¥11.4B in CY2026 Q2
- China cloud: all companies togethergroup page
- How we define capex per companymethodology