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) Free Cash Flow (2017 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Free Cash Flow came in at $422.0 million in Q2 2026, up 84.28% year-over-year from $229.0 million in Q2 2025, and up 25.34% quarter-over-quarter from $336.7 million in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Free Cash Flow (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Free Cash Flow across 10 years of filings, most recently posting $422.0 million for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 84.28% year-over-year to $422.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 32.61% YoY), while the FY2025 annual figure was $1.5 billion, up 3.69% from the prior year.
  • Free Cash Flow came in at $422.0 million for Q2 2026 at Tencent Music Entertainment, up from $336.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $514.6 million in Q3 2025 to a low of $183.0 million in Q3 2022.
  • Average Free Cash Flow over 5 years is $321.8 million, with a median of $338.3 million recorded in 2024.
  • Year-over-year, Free Cash Flow surged 180.62% in 2022 and sank 43.69% in 2025.
  • Over 5 years, Free Cash Flow stood at $362.0 million in 2022, then retreated by 23.2% to $278.0 million in 2023, then gained by 22.3% to $340.0 million in 2024, then climbed by 0.59% to $342.0 million in 2025, then rose by 23.39% to $422.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $422.0 million in Q2 2026, $336.7 million in Q1 2026, and $342.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Netflix 320.63 Bn 311.50 Bn 6.52 Bn 1.53 Bn
2 Spotify Technology 109.40 Bn 98.49 Bn 1.86 Bn 971.73 Mn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn 422.00 Mn
4 Huya 478.05 Mn 117.79 Mn 37.58 Mn -
5 iQIYI 408.77 Mn -62.13 Mn 152.37 Mn 52.81 Mn
6 FuboTV 315.64 Mn -136.77 Mn 399.10 Mn -314.66 Mn
7 Kaltura 219.16 Mn 187.86 Mn 34.54 Mn -2.56 Mn
8 CuriosityStream 154.78 Mn 106.39 Mn 16.93 Mn -
9 LiveOne 53.11 Mn 44.45 Mn 3.94 Mn -2.95 Mn
10 Cineverse 46.92 Mn 42.60 Mn 10.66 Mn -1.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 422.00 Mn
Mar 31, 2026 336.67 Mn
Dec 31, 2025 342.00 Mn
Sep 30, 2025 514.58 Mn
Jun 30, 2025 229.00 Mn
Mar 31, 2025 347.00 Mn
Dec 31, 2024 340.00 Mn
Sep 30, 2024 302.08 Mn
Jun 30, 2024 406.67 Mn
Mar 31, 2024 375.63 Mn
Dec 31, 2023 278.00 Mn
Sep 30, 2023 199.22 Mn
Jun 30, 2023 295.12 Mn
Mar 31, 2023 270.71 Mn
Dec 31, 2022 362.00 Mn
Sep 30, 2022 183.04 Mn
Jun 30, 2022 191.99 Mn
Mar 31, 2022 395.84 Mn
Dec 31, 2021 129.00 Mn
Sep 30, 2021 246.56 Mn