Tencent Music Entertainment (TCMEF) Long-Term Deferred Tax (2016 - 2026)
Tencent Music Entertainment recorded quarterly Long-Term Deferred Tax of $78.0 million in Q1 2026, up 11.09% quarter-over-quarter from $70.2 million in Q4 2025, and up 44.44% year-over-year from $54.0 million in Q1 2025.
Tencent Music Entertainment's Long-Term Deferred Tax history runs 11 years deep, the most recent figure standing at $78.0 million for Q1 2026.
- In Q1 2026, Long-Term Deferred Tax rose 44.44% year-over-year to $78.0 million; the TTM figure through Mar 2026 stood at $78.0 million (up 44.44% YoY), while the FY2025 annual figure was $71.0 million, up 22.41% from the prior year.
- Long-Term Deferred Tax came in at $78.0 million for Q1 2026 at Tencent Music Entertainment, up from $70.2 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $78.0 million in Q1 2026 to a low of $6.9 million in Q4 2022.
- A 5-year average of $55.3 million and a median of $55.5 million in 2022 frame the typical range for Long-Term Deferred Tax.
- On a YoY basis, Long-Term Deferred Tax climbed as much as 760.79% in 2023 and fell as far as 21.67% in 2023.
- Tencent Music Entertainment's Long-Term Deferred Tax stood at $6.9 million in 2022, then surged by 760.79% to $59.3 million in 2023, then fell by 0.94% to $58.7 million in 2024, then grew by 19.52% to $70.2 million in 2025, then rose by 11.09% to $78.0 million in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $78.0 million, $70.2 million, and $76.0 million 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 | 78.00 Mn |
| Dec 31, 2025 | 70.21 Mn |
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | 60.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 58.75 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Mar 31, 2024 | 50.00 Mn |
| Dec 31, 2023 | 59.30 Mn |
| Sep 30, 2023 | 51.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 51.00 Mn |
| Dec 31, 2022 | 6.89 Mn |
| Sep 30, 2022 | 55.00 Mn |
| Jun 30, 2022 | 60.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Jun 30, 2021 | 53.00 Mn |
| Mar 31, 2021 | 47.00 Mn |
| Dec 31, 2020 | 8.30 Mn |
| Jun 30, 2020 | 30.00 Mn |
| Mar 31, 2020 | 27.00 Mn |
| Dec 31, 2019 | 27.24 Mn |
| Sep 30, 2019 | 18.00 Mn |
| Jun 30, 2019 | 18.00 Mn |
| Mar 31, 2019 | 19.00 Mn |
| Dec 31, 2018 | 2.75 Mn |
| Dec 31, 2017 | 906,852.03 |
| Dec 31, 2016 | 12.75 Mn |