Tencent Music Entertainment (TCMEF) Goodwill & Intangibles (2016 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Goodwill & Intangibles came in at $5.3 billion in Q2 2026, up 60.12% year-over-year from $3.3 billion in Q2 2025, and up 56.23% quarter-over-quarter from $3.4 billion in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Goodwill & Intangibles (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Goodwill & Intangibles across 11 years of filings, most recently posting $5.3 billion for Q2 2026.
- In Q2 2026, Goodwill & Intangibles rose 60.12% year-over-year to $5.3 billion; the TTM figure through Jun 2026 stood at $5.3 billion (up 60.12% YoY), while the FY2025 annual figure was $3.3 billion, up 12.65% from the prior year.
- Goodwill & Intangibles came in at $5.3 billion for Q2 2026 at Tencent Music Entertainment, up from $3.4 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $5.3 billion in Q2 2026 to a low of $3.0 billion in Q1 2025.
- Average Goodwill & Intangibles over 5 years is $3.3 billion, with a median of $3.2 billion recorded in 2023.
- Year-over-year, Goodwill & Intangibles decreased 10.47% in 2022 and surged 60.12% in 2026.
- Over 5 years, Goodwill & Intangibles stood at $3.1 billion in 2022, then declined by 2.52% to $3.0 billion in 2023, then rose by 0.8% to $3.0 billion in 2024, then climbed by 9.32% to $3.3 billion in 2025, then jumped by 59.14% to $5.3 billion in 2026.
- Per Business Quant data, the three most recent Goodwill & Intangibles figures were $5.3 billion in Q2 2026, $3.4 billion in Q1 2026, and $3.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.69 Bn | 311.56 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.37 Bn | 98.45 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 469.12 Mn | 108.86 Mn | 37.58 Mn |
| 5 | iQIYI | 405.47 Mn | -65.43 Mn | 152.37 Mn |
| 6 | FuboTV | 315.35 Mn | -137.06 Mn | 399.10 Mn |
| 7 | Kaltura | 217.68 Mn | 186.39 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.49 Mn | 106.09 Mn | 16.93 Mn |
| 9 | LiveOne | 53.64 Mn | 44.98 Mn | 3.94 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.26 Bn |
| Mar 31, 2026 | 3.36 Bn |
| Dec 31, 2025 | 3.30 Bn |
| Sep 30, 2025 | 3.28 Bn |
| Jun 30, 2025 | 3.28 Bn |
| Mar 31, 2025 | 2.99 Bn |
| Dec 31, 2024 | 3.02 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 |