Growth Metrics

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 Reddit 33.71 Bn 30.94 Bn 511.94 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn
6 Pinterest 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 🔒
DateValue
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