The Value Thesis

The Value Thesis

Earnings

Tencent Q3 2025 Earnings

Quarterly Review #1

Arda Solmaz's avatar
Arda Solmaz
Nov 15, 2025
∙ Paid

Headline Results

It’s rare to see a company of this size grow revenue double-digits and grow profit even faster, and I think this is exactly where the market is overlooking what’s happening.

Revenue was up 15%, and gross profit grew 22%.

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