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) Equity Average (2017 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Equity Average came in at $11.6 billion in Q2 2026, up 3.17% year-over-year from $11.2 billion in Q2 2025, and up 1.05% quarter-over-quarter from $11.4 billion in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Equity Average (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Equity Average across 9 years of filings, most recently posting $11.6 billion for Q2 2026.

  • In Q2 2026, Equity Average rose 3.17% year-over-year to $11.6 billion; the TTM figure through Jun 2026 stood at $11.6 billion (up 3.17% YoY), while the FY2025 annual figure was $10.7 billion, up 21.69% from the prior year.
  • Equity Average came in at $11.6 billion for Q2 2026 at Tencent Music Entertainment, up from $11.4 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $12.0 billion in Q3 2025 to a low of $6.8 billion in Q4 2022.
  • Average Equity Average over 5 years is $9.0 billion, with a median of $8.0 billion recorded in 2022.
  • Year-over-year, Equity Average fell 13.54% in 2022 and jumped 31.37% in 2025.
  • Over 5 years, Equity Average stood at $6.8 billion in 2022, then increased by 13.21% to $7.8 billion in 2023, then grew by 10.06% to $8.5 billion in 2024, then surged by 38.93% to $11.9 billion in 2025, then declined by 2.44% to $11.6 billion in 2026.
  • Per Business Quant data, the three most recent Equity Average figures were $11.6 billion in Q2 2026, $11.4 billion in Q1 2026, and $11.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Netflix 320.19 Bn 311.06 Bn 6.52 Bn 30.64 Bn
2 Spotify Technology 108.64 Bn 97.73 Bn 1.86 Bn 9.56 Bn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn 11.57 Bn
4 Huya 471.18 Mn 110.92 Mn 37.58 Mn 680.49 Mn
5 iQIYI 405.33 Mn -65.56 Mn 152.37 Mn 1.86 Bn
6 FuboTV 313.61 Mn -138.81 Mn 399.10 Mn 595.41 Mn
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn 3.17 Mn
8 CuriosityStream 153.89 Mn 105.50 Mn 16.93 Mn 41.47 Mn
9 LiveOne 52.71 Mn 44.05 Mn 3.94 Mn -17.11 Mn
10 Cineverse 46.61 Mn 42.29 Mn 10.66 Mn 42.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.57 Bn
Mar 31, 2026 11.45 Bn
Dec 31, 2025 11.86 Bn
Sep 30, 2025 12.03 Bn
Jun 30, 2025 11.21 Bn
Mar 31, 2025 10.03 Bn
Jun 30, 2024 8.53 Bn
Mar 31, 2024 8.18 Bn
Dec 31, 2023 7.75 Bn
Sep 30, 2023 7.55 Bn
Jun 30, 2023 7.56 Bn
Mar 31, 2023 7.24 Bn
Dec 31, 2022 6.85 Bn
Sep 30, 2022 7.00 Bn
Jun 30, 2022 7.49 Bn
Mar 31, 2022 7.87 Bn
Dec 31, 2021 7.92 Bn
Sep 30, 2021 7.98 Bn
Jun 30, 2021 8.08 Bn
Mar 31, 2021 8.00 Bn