Tencent Music Entertainment (TCMEF) Long-Term Deferred Tax (2016 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Long-Term Deferred Tax came in at $93.0 million in Q2 2026, up 55.0% year-over-year from $60.0 million in Q2 2025, and up 19.23% quarter-over-quarter from $78.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Long-Term Deferred Tax across 11 years of filings, most recently posting $93.0 million for Q2 2026.
- In Q2 2026, Long-Term Deferred Tax rose 55.0% year-over-year to $93.0 million; the TTM figure through Jun 2026 stood at $93.0 million (up 55.0% YoY), while the FY2025 annual figure was $71.0 million, up 22.41% from the prior year.
- Long-Term Deferred Tax came in at $93.0 million for Q2 2026 at Tencent Music Entertainment, up from $78.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $93.0 million in Q2 2026 to a low of $47.0 million in Q2 2023.
- Average Long-Term Deferred Tax over 5 years is $59.3 million, with a median of $55.0 million recorded in 2022.
- Year-over-year, Long-Term Deferred Tax retreated 21.67% in 2023 and surged 55.0% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $48.8 million in 2022, then gained by 0.2% to $48.9 million in 2023, then rose by 20.17% to $58.7 million in 2024, then climbed by 19.52% to $70.2 million in 2025, then soared by 32.45% to $93.0 million in 2026.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $93.0 million in Q2 2026, $78.0 million in Q1 2026, and $70.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.63 Bn | 311.50 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.40 Bn | 98.49 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 478.05 Mn | 117.79 Mn | 37.58 Mn |
| 5 | iQIYI | 408.77 Mn | -62.13 Mn | 152.37 Mn |
| 6 | FuboTV | 315.64 Mn | -136.77 Mn | 399.10 Mn |
| 7 | Kaltura | 219.16 Mn | 187.86 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn |
| 9 | LiveOne | 53.11 Mn | 44.45 Mn | 3.94 Mn |
| 10 | Cineverse | 46.92 Mn | 42.60 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.00 Mn |
| 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 | 48.89 Mn |
| Sep 30, 2023 | 51.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 51.00 Mn |
| Dec 31, 2022 | 48.79 Mn |
| Sep 30, 2022 | 55.00 Mn |
| Jun 30, 2022 | 60.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 54.12 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Jun 30, 2021 | 53.00 Mn |