Tencent Music Entertainment (TCMEF) Current Deferred Revenue (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Current Deferred Revenue came in at $66.0 million in Q2 2026, up 88.57% year-over-year from $35.0 million in Q2 2025, and up 26.92% quarter-over-quarter from $52.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Current Deferred Revenue (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Current Deferred Revenue across 10 years of filings, most recently posting $66.0 million for Q2 2026.
- In Q2 2026, Current Deferred Revenue rose 88.57% year-over-year to $66.0 million; the TTM figure through Jun 2026 stood at $66.0 million (up 88.57% YoY), while the FY2025 annual figure was $43.0 million, up 72.0% from the prior year.
- Current Deferred Revenue came in at $66.0 million for Q2 2026 at Tencent Music Entertainment, up from $52.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $66.0 million in Q2 2026 to a low of $14.9 million in Q4 2022.
- Average Current Deferred Revenue over 5 years is $28.1 million, with a median of $22.0 million recorded in 2024.
- Year-over-year, Current Deferred Revenue declined 4.35% in 2024 and surged 88.57% in 2026.
- Over 5 years, Current Deferred Revenue stood at $14.9 million in 2022, then soared by 37.92% to $20.6 million in 2023, then advanced by 21.23% to $24.9 million in 2024, then surged by 71.43% to $42.7 million in 2025, then surged by 54.49% to $66.0 million in 2026.
- Per Business Quant data, the three most recent Current Deferred Revenue figures were $66.0 million in Q2 2026, $52.0 million in Q1 2026, and $42.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.06 Bn | 310.93 Bn | 6.52 Bn |
| 2 | Spotify Technology | 107.76 Bn | 96.85 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 480.57 Mn | 120.31 Mn | 37.58 Mn |
| 5 | iQIYI | 409.46 Mn | -61.43 Mn | 152.37 Mn |
| 6 | FuboTV | 316.30 Mn | -136.11 Mn | 399.10 Mn |
| 7 | Kaltura | 218.42 Mn | 187.12 Mn | 34.54 Mn |
| 8 | CuriosityStream | 155.37 Mn | 106.98 Mn | 16.93 Mn |
| 9 | LiveOne | 48.19 Mn | 39.54 Mn | 3.94 Mn |
| 10 | Cineverse | 47.96 Mn | 43.64 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.00 Mn |
| Mar 31, 2026 | 52.00 Mn |
| Dec 31, 2025 | 42.72 Mn |
| Sep 30, 2025 | 39.00 Mn |
| Jun 30, 2025 | 35.00 Mn |
| Mar 31, 2025 | 29.00 Mn |
| Dec 31, 2024 | 24.92 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 22.00 Mn |
| Dec 31, 2023 | 20.56 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 23.00 Mn |
| Mar 31, 2023 | 19.00 Mn |
| Dec 31, 2022 | 14.90 Mn |
| Sep 30, 2022 | 15.00 Mn |
| Jun 30, 2022 | 16.00 Mn |
| Mar 31, 2022 | 17.00 Mn |
| Dec 31, 2021 | 13.45 Mn |
| Sep 30, 2021 | 12.00 Mn |
| Jun 30, 2021 | 11.00 Mn |