Tencent Music Entertainment (TCMEF) Current Taxes (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Current Taxes came in at $147.0 million in Q2 2026, down 51.0% year-over-year from $300.0 million in Q2 2025, and down 4.55% quarter-over-quarter from $154.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Current Taxes (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Current Taxes across 10 years of filings, most recently posting $147.0 million for Q2 2026.
- In Q2 2026, Current Taxes fell 51.0% year-over-year to $147.0 million; the TTM figure through Jun 2026 stood at $147.0 million (down 51.0% YoY), while the FY2025 annual figure was $156.0 million, down 47.12% from the prior year.
- Current Taxes came in at $147.0 million for Q2 2026 at Tencent Music Entertainment, down from $154.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $300.0 million in Q2 2025 to a low of $56.8 million in Q4 2022.
- Average Current Taxes over 5 years is $119.0 million, with a median of $93.0 million recorded in 2024.
- Year-over-year, Current Taxes soared 219.35% in 2025 and sank 51.0% in 2026.
- Over 5 years, Current Taxes stood at $56.8 million in 2022, then surged by 38.63% to $78.7 million in 2023, then soared by 65.12% to $130.0 million in 2024, then rose by 18.41% to $154.0 million in 2025, then slipped by 4.52% to $147.0 million in 2026.
- Per Business Quant data, the three most recent Current Taxes figures were $147.0 million in Q2 2026, $154.0 million in Q1 2026, and $154.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 198.76 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 147.00 Mn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | 6.87 Mn |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | - |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | - |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | - |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | - |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | - |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 147.00 Mn |
| Mar 31, 2026 | 154.00 Mn |
| Dec 31, 2025 | 153.96 Mn |
| Sep 30, 2025 | 133.00 Mn |
| Jun 30, 2025 | 300.00 Mn |
| Mar 31, 2025 | 297.00 Mn |
| Dec 31, 2024 | 130.03 Mn |
| Jun 30, 2024 | 96.00 Mn |
| Mar 31, 2024 | 93.00 Mn |
| Dec 31, 2023 | 78.75 Mn |
| Sep 30, 2023 | 67.00 Mn |
| Jun 30, 2023 | 64.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | 56.80 Mn |
| Sep 30, 2022 | 67.00 Mn |
| Jun 30, 2022 | 59.00 Mn |
| Mar 31, 2022 | 67.00 Mn |
| Dec 31, 2021 | 56.78 Mn |
| Sep 30, 2021 | 63.00 Mn |
| Jun 30, 2021 | 72.00 Mn |