Tencent Music Entertainment (TCMEF) Retained Earnings (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Retained Earnings came in at $4.6 billion in Q2 2026, up 31.22% year-over-year from $3.5 billion in Q2 2025, and up 10.43% quarter-over-quarter from $4.2 billion in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Retained Earnings (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Retained Earnings across 10 years of filings, most recently posting $4.6 billion for Q2 2026.
- In Q2 2026, Retained Earnings rose 31.22% year-over-year to $4.6 billion; the TTM figure through Jun 2026 stood at $4.6 billion (up 31.22% YoY), while the FY2025 annual figure was $4.2 billion, up 52.93% from the prior year.
- Retained Earnings came in at $4.6 billion for Q2 2026 at Tencent Music Entertainment, up from $4.2 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $4.6 billion in Q2 2026 to a low of $1.5 billion in Q3 2022.
- Average Retained Earnings over 5 years is $2.8 billion, with a median of $2.4 billion recorded in 2023.
- Year-over-year, Retained Earnings fell 27.26% in 2022 and surged 53.76% in 2025.
- Over 5 years, Retained Earnings stood at $1.7 billion in 2022, then soared by 39.08% to $2.4 billion in 2023, then climbed by 18.44% to $2.8 billion in 2024, then soared by 48.4% to $4.1 billion in 2025, then gained by 10.71% to $4.6 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $4.6 billion in Q2 2026, $4.2 billion in Q1 2026, and $4.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.44 Bn | 311.31 Bn | 6.52 Bn | 50.97 Bn |
| 2 | Spotify Technology | 109.52 Bn | 98.60 Bn | 1.86 Bn | 7.70 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 4.59 Bn |
| 4 | Huya | 470.63 Mn | 110.37 Mn | 37.58 Mn | -329.19 Mn |
| 5 | iQIYI | 405.47 Mn | -65.43 Mn | 152.37 Mn | -6.55 Bn |
| 6 | FuboTV | 315.32 Mn | -137.09 Mn | 399.10 Mn | 281.49 Mn |
| 7 | Kaltura | 218.42 Mn | 187.12 Mn | 34.54 Mn | 525.92 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn | 381.03 Mn |
| 9 | LiveOne | 53.64 Mn | 44.98 Mn | 3.94 Mn | -290.12 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn | 565.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.59 Bn |
| Mar 31, 2026 | 4.15 Bn |
| Dec 31, 2025 | 4.14 Bn |
| Sep 30, 2025 | 3.82 Bn |
| Jun 30, 2025 | 3.50 Bn |
| Mar 31, 2025 | 3.12 Bn |
| Dec 31, 2024 | 2.79 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.36 Bn |
| Sep 30, 2023 | 2.15 Bn |
| Jun 30, 2023 | 2.00 Bn |
| Mar 31, 2023 | 1.92 Bn |
| Dec 31, 2022 | 1.69 Bn |
| Sep 30, 2022 | 1.54 Bn |
| Jun 30, 2022 | 2.34 Bn |
| Mar 31, 2022 | 2.34 Bn |
| Dec 31, 2021 | 2.22 Bn |
| Sep 30, 2021 | 2.12 Bn |
| Jun 30, 2021 | 1.99 Bn |