Tencent Music Entertainment (TCMEF) Intangibles (2016 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Intangibles came in at $869.0 million in Q2 2026, up 104.47% year-over-year from $425.0 million in Q2 2025, and up 116.17% quarter-over-quarter from $402.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Intangibles (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Intangibles across 11 years of filings, most recently posting $869.0 million for Q2 2026.
- In Q2 2026, Intangibles rose 104.47% year-over-year to $869.0 million; the TTM figure through Jun 2026 stood at $869.0 million (up 104.47% YoY), while the FY2025 annual figure was $415.0 million, up 47.69% from the prior year.
- Intangibles came in at $869.0 million for Q2 2026 at Tencent Music Entertainment, up from $402.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $869.0 million in Q2 2026 to a low of $280.0 million in Q1 2024.
- Average Intangibles over 5 years is $375.0 million, with a median of $333.0 million recorded in 2023.
- Year-over-year, Intangibles fell 26.28% in 2023 and surged 104.47% in 2026.
- Over 5 years, Intangibles stood at $333.0 million in 2022, then slipped by 15.24% to $282.2 million in 2023, then grew by 1.07% to $285.3 million in 2024, then jumped by 43.29% to $408.7 million in 2025, then soared by 112.61% to $869.0 million in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $869.0 million in Q2 2026, $402.0 million in Q1 2026, and $408.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.63 Bn | 311.50 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 109.40 Bn | 98.49 Bn | 1.86 Bn | 41.85 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 869.00 Mn |
| 4 | Huya | 478.05 Mn | 117.79 Mn | 37.58 Mn | 15.67 Mn |
| 5 | iQIYI | 408.77 Mn | -62.13 Mn | 152.37 Mn | 31.04 Mn |
| 6 | FuboTV | 315.64 Mn | -136.77 Mn | 399.10 Mn | 435.74 Mn |
| 7 | Kaltura | 219.16 Mn | 187.86 Mn | 34.54 Mn | 9.92 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn | - |
| 9 | LiveOne | 53.11 Mn | 44.45 Mn | 3.94 Mn | 33.42 Mn |
| 10 | Cineverse | 46.92 Mn | 42.60 Mn | 10.66 Mn | 41.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 869.00 Mn |
| Mar 31, 2026 | 402.00 Mn |
| Dec 31, 2025 | 408.74 Mn |
| Sep 30, 2025 | 414.00 Mn |
| Jun 30, 2025 | 425.00 Mn |
| Mar 31, 2025 | 280.00 Mn |
| Dec 31, 2024 | 285.25 Mn |
| Jun 30, 2024 | 280.00 Mn |
| Mar 31, 2024 | 280.00 Mn |
| Dec 31, 2023 | 282.22 Mn |
| Sep 30, 2023 | 293.00 Mn |
| Jun 30, 2023 | 303.00 Mn |
| Mar 31, 2023 | 333.00 Mn |
| Dec 31, 2022 | 332.95 Mn |
| Sep 30, 2022 | 350.00 Mn |
| Jun 30, 2022 | 411.00 Mn |
| Mar 31, 2022 | 425.00 Mn |
| Dec 31, 2021 | 442.48 Mn |
| Sep 30, 2021 | 429.00 Mn |
| Jun 30, 2021 | 424.00 Mn |