Tencent Music Entertainment Group (TCMEF) Operating Expenses (2017 - 2026)

Tencent Music Entertainment (TCMEF) has 10 years of Operating Expenses data on file, last reported at -$176.0 million in Q1 2026.

• Quarterly Operating Expenses fell 11.39% year-over-year to -$176.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$699.0 million (down 8.05% YoY) and the FY2025 annual result came in at -$695.0 million, down 8.42% from the prior year.
• Operating Expenses rose to -$176.0 million in Q1 2026 per TCMEF's latest filing, from -$178.0 million in the prior quarter.
• The five-year high for Operating Expenses was -$157.0 million in Q1 2024, with the low at -$212.0 million in Q1 2022.
• Average Operating Expenses over 5 years is -$178.2 million, with a median of -$176.0 million recorded in 2026.
• Year-over-year, Operating Expenses jumped 30.88% in 2022 and slipped 11.39% in 2026.
• Tencent Music Entertainment's Operating Expenses stood at -$197.0 million in 2022, then gained by 9.64% to -$178.0 million in 2023, then increased by 9.55% to -$161.0 million in 2024, then retreated by 10.56% to -$178.0 million in 2025, then advanced by 1.12% to -$176.0 million in 2026.
• Business Quant data shows TCMEF's Operating Expenses at -$176.0 million in Q1 2026, -$178.0 million in Q4 2025, and -$184.0 million in Q3 2025.