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) EBITDA (2016 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly EBITDA came in at $480.0 million in Q2 2026, up 12.21% year-over-year from $427.8 million in Q2 2025, and up 17.07% quarter-over-quarter from $410.0 million in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) EBITDA (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed EBITDA across 11 years of filings, most recently posting $480.0 million for Q2 2026.

  • In Q2 2026, EBITDA rose 12.21% year-over-year to $480.0 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 18.82% YoY), while the FY2025 annual figure was $1.9 billion, up 60.18% from the prior year.
  • EBITDA came in at $480.0 million for Q2 2026 at Tencent Music Entertainment, up from $410.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $480.0 million in Q2 2026 to a low of $118.0 million in Q1 2022.
  • Average EBITDA over 5 years is $287.8 million, with a median of $286.6 million recorded in 2024.
  • The largest YoY upside for EBITDA was 87.85% in 2022 against a maximum downside of 33.71% in 2022.
  • Over 5 years, EBITDA stood at $201.0 million in 2022, then grew by 19.9% to $241.0 million in 2023, then soared by 36.93% to $330.0 million in 2024, then rose by 23.03% to $406.0 million in 2025, then rose by 18.23% to $480.0 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $480.0 million in Q2 2026, $410.0 million in Q1 2026, and $406.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Netflix 320.63 Bn 311.50 Bn 6.52 Bn 4.19 Bn
2 Spotify Technology 109.40 Bn 98.49 Bn 1.86 Bn 761.35 Mn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn 480.00 Mn
4 Huya 478.05 Mn 117.79 Mn 37.58 Mn -1.03 Mn
5 iQIYI 408.77 Mn -62.13 Mn 152.37 Mn -15.38 Mn
6 FuboTV 315.64 Mn -136.77 Mn 399.10 Mn 30.43 Mn
7 Kaltura 219.16 Mn 187.86 Mn 34.54 Mn -775,000.00
8 CuriosityStream 154.78 Mn 106.39 Mn 16.93 Mn 9.18 Mn
9 LiveOne 53.11 Mn 44.45 Mn 3.94 Mn -3.68 Mn
10 Cineverse 46.92 Mn 42.60 Mn 10.66 Mn -5.12 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 480.00 Mn
Mar 31, 2026 410.00 Mn
Dec 31, 2025 406.00 Mn
Sep 30, 2025 378.64 Mn
Jun 30, 2025 427.75 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 241.00 Mn
Sep 30, 2023 197.00 Mn
Jun 30, 2023 219.73 Mn
Mar 31, 2023 201.86 Mn
Dec 31, 2022 201.00 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