GoKawiilChinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.
Tencent posted a beat on second-quarter revenue thanks to an acceleration at its China gaming unit and AI-driven advertising, but its core profit missed analyst expectations.
The Chinese tech giant also reported a rise in capital expenditure in the quarter.
Here's how Tencent did in the second quarter versus LSEG estimates:
Revenue: 204.78 billion Chinese yuan ($30.36 billion) versus 202.17 billion yuan expected
Net profit: 56 billion Chinese yuan versus 61.82 billion yuan expected
Revenue rose 11% year-on-year while profit was up nearly 1%. Tencent said that, stripping out one-time factors and certain non-cash items, its profit was 68.4 billion yuan in the quarter, up 9% versus the same time last year.
Tencent said its domestic games revenue came in at 47.3 billion yuan, up 17% year-on-year, driven by key titles such as Delta Force and Valorant PC and Mobile. That was faster than the 6% growth the division saw in the first quarter of this year, and the same level seen in the second quarter of 2025.
However, revenue at the company's international game revenue fell 0.8% year-on-year due to currency movements, Tencent said. Revenue was up 4% on a constant currency basis.
Tencent is one of the world's largest gaming companies and both domestic and international revenue are watched closely by investors.
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