Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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