Tencent Music Entertainment (TCMEF) EBITDA (2016 - 2026)
Tencent Music Entertainment recorded quarterly EBITDA of $410.0 million in Q1 2026, up 0.99% quarter-over-quarter from $406.0 million in Q4 2025, and up 16.33% year-over-year from $352.4 million in Q1 2025.
Tencent Music Entertainment's EBITDA history runs 11 years deep, the most recent figure standing at $410.0 million for Q1 2026.
- In Q1 2026, EBITDA rose 16.33% year-over-year to $410.0 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 24.99% YoY), while the FY2025 annual figure was $1.9 billion, up 60.18% from the prior year.
- EBITDA came in at $410.0 million for Q1 2026 at Tencent Music Entertainment, up from $406.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $908.3 million in Q4 2023 to a low of $118.0 million in Q1 2022.
- A 5-year average of $329.2 million and a median of $303.6 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA jumped 316.29% in 2022 and tumbled 63.67% in 2024, its largest moves.
- Tencent Music Entertainment's EBITDA stood at $445.4 million in 2022, then jumped by 103.92% to $908.3 million in 2023, then slumped by 63.67% to $330.0 million in 2024, then gained by 23.03% to $406.0 million in 2025, then increased by 0.99% to $410.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $410.0 million, $406.0 million, and $378.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 39.70 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 22.87 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 837.08 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 182.91 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -128.00 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -80.29 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 90.03 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -74.45 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 250.55 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 410.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 410.00 Mn |
| Dec 31, 2025 | 406.00 Mn |
| Sep 30, 2025 | 378.64 Mn |
| Jun 30, 2025 | 411.72 Mn |
| Mar 31, 2025 | 352.44 Mn |
| Dec 31, 2024 | 330.00 Mn |
| Sep 30, 2024 | 299.15 Mn |
| Jun 30, 2024 | 303.62 Mn |
| Mar 31, 2024 | 273.96 Mn |
| Dec 31, 2023 | 908.32 Mn |
| Sep 30, 2023 | 197.00 Mn |
| Jun 30, 2023 | 219.73 Mn |
| Mar 31, 2023 | 201.86 Mn |
| Dec 31, 2022 | 445.43 Mn |
| Sep 30, 2022 | 184.36 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 118.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | 142.06 Mn |
| Jun 30, 2021 | 160.00 Mn |
| Mar 31, 2021 | 178.00 Mn |
| Dec 31, 2020 | 199.00 Mn |
| Sep 30, 2020 | 182.04 Mn |
| Jun 30, 2020 | 157.00 Mn |
| Mar 31, 2020 | 148.00 Mn |
| Dec 31, 2019 | 173.00 Mn |
| Sep 30, 2019 | 169.49 Mn |
| Jun 30, 2019 | 159.19 Mn |
| Mar 31, 2019 | 171.00 Mn |
| Dec 31, 2018 | -141.00 Mn |
| Sep 30, 2018 | 156.18 Mn |
| Jun 30, 2018 | 159.16 Mn |
| Mar 31, 2018 | 146.66 Mn |
| Dec 31, 2017 | 98.24 Mn |
| Dec 31, 2016 | 8.50 Mn |