Growth Metrics

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 Reddit 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 Pinterest 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 🔒
DateValue
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