Growth Metrics

Tencent Music Entertainment (TCMEF) Goodwill (2016 - 2026)

Tencent Music Entertainment recorded quarterly Goodwill of $3.0 billion in Q1 2026, up 2.86% quarter-over-quarter from $2.9 billion in Q4 2025, and up 9.9% year-over-year from $2.7 billion in Q1 2025.

Tencent Music Entertainment's Goodwill history runs 11 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • In Q1 2026, Goodwill rose 9.9% year-over-year to $3.0 billion; the TTM figure through Mar 2026 stood at $3.0 billion (up 9.9% YoY), while the FY2025 annual figure was $2.9 billion, up 8.99% from the prior year.
  • Goodwill came in at $3.0 billion for Q1 2026 at Tencent Music Entertainment, up from $2.9 billion in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $3.0 billion in Q1 2022 to a low of $2.7 billion in Q3 2023.
  • A 5-year average of $2.8 billion and a median of $2.7 billion in 2022 frame the typical range for Goodwill.
  • Across the five-year window, Goodwill retreated 8.36% in 2022 and grew 9.9% in 2026, its largest moves.
  • Tencent Music Entertainment's Goodwill stood at $2.7 billion in 2022, then declined by 0.97% to $2.7 billion in 2023, then advanced by 0.77% to $2.7 billion in 2024, then gained by 5.78% to $2.9 billion in 2025, then grew by 2.86% to $3.0 billion in 2026.
  • According to Business Quant data, Goodwill over the past three periods registered $3.0 billion, $2.9 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn
10 Tencent Music Entertainment - - 514.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 2.98 Bn
Dec 31, 2025 2.89 Bn
Sep 30, 2025 2.88 Bn
Jun 30, 2025 2.86 Bn
Mar 31, 2025 2.71 Bn
Dec 31, 2024 2.74 Bn
Jun 30, 2024 2.70 Bn
Mar 31, 2024 2.71 Bn
Dec 31, 2023 2.71 Bn
Sep 30, 2023 2.68 Bn
Jun 30, 2023 2.69 Bn
Mar 31, 2023 2.85 Bn
Dec 31, 2022 2.74 Bn
Sep 30, 2022 2.74 Bn
Jun 30, 2022 2.91 Bn
Mar 31, 2022 3.02 Bn
Dec 31, 2021 2.99 Bn
Sep 30, 2021 2.96 Bn
Jun 30, 2021 2.95 Bn
Mar 31, 2021 2.91 Bn
Dec 31, 2020 2.64 Bn
Jun 30, 2020 2.43 Bn
Mar 31, 2020 2.42 Bn
Dec 31, 2019 2.43 Bn
Sep 30, 2019 2.40 Bn
Jun 30, 2019 2.50 Bn
Mar 31, 2019 2.55 Bn
Dec 31, 2018 2.47 Bn
Dec 31, 2017 2.46 Bn
Dec 31, 2016 2.31 Bn