Tencent Music Entertainment (TCMEF) Receivables (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Receivables came in at $617.4 million in Q2 2026, up 18.51% year-over-year from $521.0 million in Q2 2025, and up 11.81% quarter-over-quarter from $552.2 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Receivables (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Receivables across 10 years of filings, most recently posting $617.4 million for Q2 2026.
- In Q2 2026, Receivables rose 18.51% year-over-year to $617.4 million; the TTM figure through Jun 2026 stood at $617.4 million (up 18.51% YoY), while the FY2025 annual figure was $571.5 million, up 16.36% from the prior year.
- Receivables came in at $617.4 million for Q2 2026 at Tencent Music Entertainment, up from $552.2 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $617.4 million in Q2 2026 to a low of $345.9 million in Q3 2023.
- Average Receivables over 5 years is $452.2 million, with a median of $426.3 million recorded in 2022.
- Year-over-year, Receivables plunged 32.1% in 2022 and rose 25.22% in 2026.
- Over 5 years, Receivables stood at $391.4 million in 2022, then rose by 8.29% to $423.9 million in 2023, then climbed by 18.33% to $501.6 million in 2024, then gained by 12.41% to $563.8 million in 2025, then advanced by 9.51% to $617.4 million in 2026.
- Per Business Quant data, the three most recent Receivables figures were $617.4 million in Q2 2026, $552.2 million in Q1 2026, and $563.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.80 Bn | 311.67 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 109.48 Bn | 98.57 Bn | 1.86 Bn | 906.64 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 617.44 Mn |
| 4 | Huya | 471.23 Mn | 110.97 Mn | 37.58 Mn | 100.95 Mn |
| 5 | iQIYI | 404.25 Mn | -66.65 Mn | 152.37 Mn | 387.53 Mn |
| 6 | FuboTV | 315.50 Mn | -136.91 Mn | 399.10 Mn | 371.94 Mn |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | 30.30 Mn |
| 8 | CuriosityStream | 154.19 Mn | 105.79 Mn | 16.93 Mn | 6.40 Mn |
| 9 | LiveOne | 53.37 Mn | 44.71 Mn | 3.94 Mn | 9.68 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn | 43.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 617.44 Mn |
| Mar 31, 2026 | 552.22 Mn |
| Dec 31, 2025 | 563.83 Mn |
| Sep 30, 2025 | 514.44 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Dec 31, 2024 | 501.59 Mn |
| Jun 30, 2024 | 417.72 Mn |
| Mar 31, 2024 | 392.69 Mn |
| Dec 31, 2023 | 423.88 Mn |
| Sep 30, 2023 | 345.90 Mn |
| Jun 30, 2023 | 351.08 Mn |
| Mar 31, 2023 | 397.88 Mn |
| Dec 31, 2022 | 391.44 Mn |
| Sep 30, 2022 | 426.32 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 576.53 Mn |
| Sep 30, 2021 | 415.20 Mn |
| Jun 30, 2021 | 403.00 Mn |