Tencent Music Entertainment (TCMEF) Leases (2019 - 2026)
Tencent Music Entertainment recorded quarterly Leases of $39.0 million in Q1 2026, down 3.62% quarter-over-quarter from $40.5 million in Q4 2025, and down 11.36% year-over-year from $44.0 million in Q1 2025.
Tencent Music Entertainment's Leases history runs 8 years deep, the most recent figure standing at $39.0 million for Q1 2026.
- In Q1 2026, Leases fell 11.36% year-over-year to $39.0 million; the TTM figure through Mar 2026 stood at $39.0 million (down 11.36% YoY), while the FY2025 annual figure was $41.0 million, up 2.5% from the prior year.
- Leases came in at $39.0 million for Q1 2026 at Tencent Music Entertainment, down from $40.5 million in the prior quarter.
- In the past five years, Leases ranged from a high of $69.0 million in Q2 2022 to a low of $39.0 million in Q1 2026.
- A 5-year average of $48.0 million and a median of $44.0 million in 2024 frame the typical range for Leases.
- Across the five-year window, Leases jumped 46.81% in 2022 and tumbled 33.33% in 2023, its largest moves.
- Tencent Music Entertainment's Leases stood at $56.0 million in 2022, then dropped by 8.91% to $51.0 million in 2023, then retreated by 19.43% to $41.1 million in 2024, then dropped by 1.47% to $40.5 million in 2025, then retreated by 3.62% to $39.0 million in 2026.
- According to Business Quant data, Leases over the past three periods registered $39.0 million, $40.5 million, and $43.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 15.51 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 23.27 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 265.76 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 19.00 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 1.27 Bn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 152.34 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 19.26 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 563.78 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.00 Mn |
| Dec 31, 2025 | 40.46 Mn |
| Sep 30, 2025 | 43.00 Mn |
| Jun 30, 2025 | 43.00 Mn |
| Mar 31, 2025 | 44.00 Mn |
| Dec 31, 2024 | 41.07 Mn |
| Jun 30, 2024 | 42.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Dec 31, 2023 | 50.97 Mn |
| Sep 30, 2023 | 53.00 Mn |
| Jun 30, 2023 | 46.00 Mn |
| Mar 31, 2023 | 53.00 Mn |
| Dec 31, 2022 | 55.96 Mn |
| Sep 30, 2022 | 61.00 Mn |
| Jun 30, 2022 | 69.00 Mn |
| Mar 31, 2022 | 42.00 Mn |
| Dec 31, 2021 | 44.26 Mn |
| Sep 30, 2021 | 45.00 Mn |
| Jun 30, 2021 | 47.00 Mn |
| Mar 31, 2021 | 45.00 Mn |
| Dec 31, 2020 | 46.93 Mn |
| Jun 30, 2020 | 19.00 Mn |
| Mar 31, 2020 | 18.00 Mn |
| Dec 31, 2019 | 21.00 Mn |
| Sep 30, 2019 | 20.00 Mn |
| Jun 30, 2019 | 20.00 Mn |
| Mar 31, 2019 | 14.00 Mn |