Tencent Music Entertainment (TCMEF) Free Cash Flow (2017 - 2026)
Tencent Music Entertainment recorded quarterly Free Cash Flow of $336.7 million in Q1 2026, down 1.56% quarter-over-quarter from $342.0 million in Q4 2025, and down 2.98% year-over-year from $347.0 million in Q1 2025.
Tencent Music Entertainment's Free Cash Flow history runs 10 years deep, the most recent figure standing at $336.7 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 2.98% year-over-year to $336.7 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 1.72% YoY), while the FY2025 annual figure was $1.4 billion, up 4.14% from the prior year.
- Free Cash Flow came in at $336.7 million for Q1 2026 at Tencent Music Entertainment, down from $342.0 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.
- A 5-year average of $315.7 million and a median of $336.7 million in 2026 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 180.62% in 2022 and sank 44.31% in 2025, its largest moves.
- Tencent Music Entertainment's Free Cash Flow stood at $362.0 million in 2022, then decreased by 23.2% to $278.0 million in 2023, then advanced by 22.3% to $340.0 million in 2024, then grew by 0.59% to $342.0 million in 2025, then slipped by 1.56% to $336.7 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $336.7 million, $342.0 million, and $514.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 10.12 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 16.19 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 984.60 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 311.16 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 4.73 Bn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 311.68 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 171.82 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 286.01 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 173.97 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 336.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 338.00 Mn |
| Mar 31, 2026 | 338.00 Mn |
| Dec 31, 2025 | 342.00 Mn |
| Dec 31, 2025 | 342.00 Mn |
| Sep 30, 2025 | 514.58 Mn |
| Sep 30, 2025 | 514.58 Mn |
| Jun 30, 2025 | 226.46 Mn |
| Jun 30, 2025 | 226.46 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Dec 31, 2024 | 340.00 Mn |
| Dec 31, 2024 | 340.00 Mn |
| Sep 30, 2024 | 302.08 Mn |
| Sep 30, 2024 | 302.08 Mn |
| Jun 30, 2024 | 406.67 Mn |
| Jun 30, 2024 | 406.67 Mn |
| Mar 31, 2024 | 375.63 Mn |
| Mar 31, 2024 | 375.63 Mn |
| Dec 31, 2023 | 278.00 Mn |
| Dec 31, 2023 | 278.00 Mn |
| Sep 30, 2023 | 199.22 Mn |
| Sep 30, 2023 | 199.22 Mn |
| Jun 30, 2023 | 295.12 Mn |
| Jun 30, 2023 | 295.12 Mn |
| Mar 31, 2023 | 270.71 Mn |
| Mar 31, 2023 | 270.71 Mn |
| Dec 31, 2022 | 362.00 Mn |
| Dec 31, 2022 | 362.00 Mn |
| Sep 30, 2022 | 183.04 Mn |
| Sep 30, 2022 | 183.04 Mn |
| Jun 30, 2022 | 191.99 Mn |
| Jun 30, 2022 | 191.99 Mn |
| Mar 31, 2022 | 395.84 Mn |
| Mar 31, 2022 | 395.84 Mn |
| Dec 31, 2021 | 129.00 Mn |
| Dec 31, 2021 | 129.00 Mn |
| Sep 30, 2021 | 246.56 Mn |
| Sep 30, 2021 | 246.56 Mn |
| Jun 30, 2021 | 153.74 Mn |
| Jun 30, 2021 | 153.74 Mn |
| Mar 31, 2021 | 293.02 Mn |
| Mar 31, 2021 | 293.02 Mn |
| Dec 31, 2020 | 286.00 Mn |
| Dec 31, 2020 | 286.00 Mn |
| Sep 30, 2020 | 74.55 Mn |
| Sep 30, 2020 | 74.55 Mn |
| Jun 30, 2020 | 204.00 Mn |
| Jun 30, 2020 | 204.00 Mn |
| Mar 31, 2020 | 151.00 Mn |
| Mar 31, 2020 | 151.00 Mn |
| Dec 31, 2019 | 292.00 Mn |
| Dec 31, 2019 | 292.00 Mn |
| Sep 30, 2019 | 192.89 Mn |
| Sep 30, 2019 | 192.89 Mn |
| Jun 30, 2019 | 277.15 Mn |
| Jun 30, 2019 | 277.15 Mn |
| Mar 31, 2019 | 138.00 Mn |
| Mar 31, 2019 | 138.00 Mn |
| Dec 31, 2018 | 281.00 Mn |
| Dec 31, 2018 | 281.00 Mn |
| Sep 30, 2018 | 241.77 Mn |
| Sep 30, 2018 | 241.77 Mn |
| Jun 30, 2018 | 311.09 Mn |
| Jun 30, 2018 | 311.09 Mn |
| Mar 31, 2018 | 11.63 Mn |
| Mar 31, 2018 | 11.63 Mn |
| Dec 31, 2017 | -38.24 Mn |
| Dec 31, 2017 | -38.24 Mn |