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 | 33.71 Bn | 30.94 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 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| Date | Value |
|---|---|
| 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 |