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) Goodwill (2016 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Goodwill came in at $4.4 billion in Q2 2026, up 53.52% year-over-year from $2.9 billion in Q2 2025, and up 47.38% quarter-over-quarter from $3.0 billion in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Goodwill (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Goodwill across 11 years of filings, most recently posting $4.4 billion for Q2 2026.

  • In Q2 2026, Goodwill rose 53.52% year-over-year to $4.4 billion; the TTM figure through Jun 2026 stood at $4.4 billion (up 53.52% YoY), while the FY2025 annual figure was $2.9 billion, up 8.99% from the prior year.
  • Goodwill came in at $4.4 billion for Q2 2026 at Tencent Music Entertainment, up from $3.0 billion in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $4.4 billion in Q2 2026 to a low of $2.7 billion in Q3 2023.
  • Average Goodwill over 5 years is $2.9 billion, with a median of $2.7 billion recorded in 2022.
  • Year-over-year, Goodwill retreated 8.36% in 2022 and surged 53.52% in 2026.
  • Over 5 years, Goodwill stood at $2.7 billion in 2022, then dropped by 0.97% to $2.7 billion in 2023, then gained by 0.77% to $2.7 billion in 2024, then rose by 5.78% to $2.9 billion in 2025, then jumped by 51.59% to $4.4 billion in 2026.
  • Per Business Quant data, the three most recent Goodwill figures were $4.4 billion in Q2 2026, $3.0 billion in Q1 2026, and $2.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 320.57 Bn 311.44 Bn 6.52 Bn
2 Spotify Technology 108.62 Bn 97.70 Bn 1.86 Bn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn
4 Huya 481.71 Mn 121.45 Mn 37.58 Mn
5 iQIYI 411.33 Mn -59.57 Mn 152.37 Mn
6 FuboTV 316.95 Mn -135.46 Mn 399.10 Mn
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn
8 CuriosityStream 155.08 Mn 106.68 Mn 16.93 Mn
9 LiveOne 48.72 Mn 40.07 Mn 3.94 Mn
10 Cineverse 46.51 Mn 42.19 Mn 10.66 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.39 Bn
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