Tencent capex, CY2025 Q1

Tencent reported ¥27.5B of capex for CY2025 Q1, the quarter covering January to March 2025.

Tencent provides cloud infrastructure and business services alongside games, social platforms and advertising. These figures cover capital expenditures across the group.

Capex, CY2025 Q1¥27.5B

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Verified 11 Nov 2026

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Reported quarter: CY2025 Q1 1
Calendar quarter: 2025 Q1 1
Capex (CNY) (CNY million): 27,476 1
“27,476”
Capex 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. 1

Sources

Tencent results announcement: Tencent CY2025 Q1 accessed 2026-11-11

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