Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TCMEF) Tax Provisions (2017 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Tax Provisions came in at -$76.0 million in Q2 2026, down 5.56% year-over-year from -$80.5 million in Q2 2025, and down 15.15% quarter-over-quarter from -$66.0 million in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Tax Provisions (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Tax Provisions across 10 years of filings, most recently posting -$76.0 million for Q2 2026.

  • In Q2 2026, Tax Provisions fell 5.56% year-over-year to -$76.0 million; the TTM figure through Jun 2026 stood at -$278.0 million (down 14.78% YoY), while the FY2025 annual figure was -$275.0 million, down 25.0% from the prior year.
  • Tax Provisions came in at -$76.0 million for Q2 2026 at Tencent Music Entertainment, down from -$66.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of -$14.0 million in Q1 2022 to a low of -$76.0 million in Q2 2026.
  • Average Tax Provisions over 5 years is -$45.9 million, with a median of -$52.1 million recorded in 2024.
  • Year-over-year, Tax Provisions increased 26.32% in 2022 and slumped 126.92% in 2024.
  • Over 5 years, Tax Provisions stood at -$24.0 million in 2022, then plunged by 75.0% to -$42.0 million in 2023, then sank by 38.1% to -$58.0 million in 2024, then retreated by 18.97% to -$69.0 million in 2025, then slipped by 10.14% to -$76.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$76.0 million in Q2 2026, -$66.0 million in Q1 2026, and -$69.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Netflix 320.42 Bn 311.30 Bn 6.52 Bn 667.17 Mn
2 Spotify Technology 108.66 Bn 97.75 Bn 1.86 Bn 203.41 Mn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn -76.00 Mn
4 Huya 480.57 Mn 120.31 Mn 37.58 Mn -268,000.00
5 iQIYI 410.98 Mn -59.91 Mn 152.37 Mn -32.28 Mn
6 FuboTV 315.64 Mn -136.77 Mn 399.10 Mn -1.21 Mn
7 Kaltura 217.68 Mn 186.39 Mn 34.54 Mn 2.46 Mn
8 CuriosityStream 153.60 Mn 105.20 Mn 16.93 Mn 434,000.00
9 LiveOne 49.39 Mn 40.73 Mn 3.94 Mn 8,000.00
10 Cineverse 46.51 Mn 42.19 Mn 10.66 Mn 19,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -76.00 Mn
Mar 31, 2026 -66.00 Mn
Dec 31, 2025 -69.00 Mn
Sep 30, 2025 -67.00 Mn
Jun 30, 2025 -72.00 Mn
Mar 31, 2025 -61.00 Mn
Dec 31, 2024 -58.00 Mn
Sep 30, 2024 -51.21 Mn
Jun 30, 2024 -59.00 Mn
Mar 31, 2024 -53.00 Mn
Dec 31, 2023 -42.00 Mn
Sep 30, 2023 -24.00 Mn
Jun 30, 2023 -26.00 Mn
Mar 31, 2023 -24.00 Mn
Dec 31, 2022 -24.00 Mn
Sep 30, 2022 -21.00 Mn
Jun 30, 2022 -19.00 Mn
Mar 31, 2022 -14.00 Mn
Dec 31, 2021 -12.00 Mn
Sep 30, 2021 -16.00 Mn