Tencent Music Entertainment (TCMEF) Current Deferred Revenue (2017 - 2025)
Tencent Music Entertainment recorded quarterly Current Deferred Revenue of $499.0 million in Q4 2025, up 15.77% quarter-over-quarter from $431.0 million in Q4 2024, and up 15.77% year-over-year from $431.0 million in Q4 2024.
Tencent Music Entertainment's Current Deferred Revenue history runs 9 years deep, the most recent figure standing at $499.0 million for Q4 2025.
- In Q4 2025, Current Deferred Revenue rose 15.77% year-over-year to $499.0 million; the TTM figure through Dec 2025 stood at $499.0 million (up 15.77% YoY), while the FY2025 annual figure was $499.0 million, up 15.77% from the prior year.
- Current Deferred Revenue came in at $499.0 million for Q4 2025 at Tencent Music Entertainment, up from $431.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $499.0 million in Q4 2025 to a low of $286.9 million in Q4 2021.
- A 5-year average of $383.7 million and a median of $396.4 million in 2023 frame the typical range for Current Deferred Revenue.
- Across the five-year window, Current Deferred Revenue advanced 6.36% in 2022 and increased 29.91% in 2023, its largest moves.
- Tencent Music Entertainment's Current Deferred Revenue stood at $286.9 million in 2021, then climbed by 6.36% to $305.1 million in 2022, then advanced by 29.91% to $396.4 million in 2023, then advanced by 8.74% to $431.0 million in 2024, then gained by 15.77% to $499.0 million in 2025.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $499.0 million, $431.0 million, and $396.4 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 498.97 Mn |
| Dec 31, 2024 | 431.01 Mn |
| Dec 31, 2023 | 396.38 Mn |
| Dec 31, 2022 | 305.11 Mn |
| Dec 31, 2021 | 286.86 Mn |
| Dec 31, 2020 | 242.64 Mn |
| Dec 31, 2019 | 240.35 Mn |
| Dec 31, 2018 | 206.96 Mn |
| Dec 31, 2017 | 147.82 Mn |