Growth Metrics

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 Reddit 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 Pinterest 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 🔒
DateValue
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