Tencent Music Entertainment (TCMEF) Goodwill & Intangibles (2016 - 2026)
Tencent Music Entertainment recorded quarterly Goodwill & Intangibles of $3.4 billion in Q1 2026, up 1.86% quarter-over-quarter from $3.3 billion in Q4 2025, and up 12.57% year-over-year from $3.0 billion in Q1 2025.
Tencent Music Entertainment's Goodwill & Intangibles history runs 11 years deep, the most recent figure standing at $3.4 billion for Q1 2026.
- In Q1 2026, Goodwill & Intangibles rose 12.57% year-over-year to $3.4 billion; the TTM figure through Mar 2026 stood at $3.4 billion (up 12.57% YoY), while the FY2025 annual figure was $3.3 billion, up 12.65% from the prior year.
- Goodwill & Intangibles came in at $3.4 billion for Q1 2026 at Tencent Music Entertainment, up from $3.3 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $3.4 billion in Q1 2022 to a low of $3.0 billion in Q1 2025.
- A 5-year average of $3.2 billion and a median of $3.1 billion in 2023 frame the typical range for Goodwill & Intangibles.
- Across the five-year window, Goodwill & Intangibles decreased 10.47% in 2022 and rose 12.57% in 2026, its largest moves.
- Tencent Music Entertainment's Goodwill & Intangibles stood at $3.1 billion in 2022, then fell by 2.52% to $3.0 billion in 2023, then climbed by 2.27% to $3.1 billion in 2024, then grew by 7.76% to $3.3 billion in 2025, then gained by 1.86% to $3.4 billion in 2026.
- According to Business Quant data, Goodwill & Intangibles over the past three periods registered $3.4 billion, $3.3 billion, and $3.3 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 | 3.38 Bn |
| Dec 31, 2025 | 3.30 Bn |
| Sep 30, 2025 | 3.28 Bn |
| Jun 30, 2025 | 3.25 Bn |
| Mar 31, 2025 | 2.99 Bn |
| Dec 31, 2024 | 3.06 Bn |
| Jun 30, 2024 | 2.99 Bn |
| Mar 31, 2024 | 3.02 Bn |
| Dec 31, 2023 | 3.00 Bn |
| Sep 30, 2023 | 3.00 Bn |
| Jun 30, 2023 | 3.10 Bn |
| Mar 31, 2023 | 3.19 Bn |
| Dec 31, 2022 | 3.07 Bn |
| Sep 30, 2022 | 3.21 Bn |
| Jun 30, 2022 | 3.32 Bn |
| Mar 31, 2022 | 3.44 Bn |
| Dec 31, 2021 | 3.43 Bn |
| Sep 30, 2021 | 3.38 Bn |
| Jun 30, 2021 | 3.38 Bn |
| Mar 31, 2021 | 3.30 Bn |
| Dec 31, 2020 | 2.94 Bn |
| Jun 30, 2020 | 2.70 Bn |
| Mar 31, 2020 | 2.45 Bn |
| Dec 31, 2019 | 2.66 Bn |
| Sep 30, 2019 | 2.68 Bn |
| Jun 30, 2019 | 2.76 Bn |
| Mar 31, 2019 | 2.80 Bn |
| Dec 31, 2018 | 2.73 Bn |
| Dec 31, 2017 | 2.72 Bn |
| Dec 31, 2016 | 2.60 Bn |