Tencent Music Entertainment (TCMEF) Tax Provisions (2017 - 2026)
Tencent Music Entertainment recorded quarterly Tax Provisions of -$66.0 million in Q1 2026, up 4.35% quarter-over-quarter from -$69.0 million in Q4 2025, and down 8.2% year-over-year from -$71.9 million in Q1 2025.
Tencent Music Entertainment's Tax Provisions history runs 10 years deep, the most recent figure standing at -$66.0 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 8.2% year-over-year to -$66.0 million; the TTM figure through Mar 2026 stood at -$274.0 million (down 19.54% YoY), while the FY2025 annual figure was -$275.0 million, down 25.0% from the prior year.
- Tax Provisions came in at -$66.0 million for Q1 2026 at Tencent Music Entertainment, up from -$69.0 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 -$72.0 million in Q2 2025.
- A 5-year average of -$44.1 million and a median of -$51.2 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions increased 26.32% in 2022 and slumped 126.92% in 2024, its largest moves.
- Tencent Music Entertainment's Tax Provisions stood at -$24.0 million in 2022, then sank by 75.0% to -$42.0 million in 2023, then slumped by 38.1% to -$58.0 million in 2024, then decreased by 18.97% to -$69.0 million in 2025, then advanced by 4.35% to -$66.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$66.0 million, -$69.0 million, and -$67.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 14.83 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | -5.02 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | - |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 1.75 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -5.80 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 10.09 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -43.34 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 3.20 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 33.70 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | -66.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -18.00 Mn |
| Mar 31, 2021 | -19.00 Mn |
| Dec 31, 2020 | -11.00 Mn |
| Sep 30, 2020 | -17.00 Mn |
| Jun 30, 2020 | -20.00 Mn |
| Mar 31, 2020 | -18.00 Mn |
| Dec 31, 2019 | -21.00 Mn |
| Sep 30, 2019 | -20.00 Mn |
| Jun 30, 2019 | -19.00 Mn |
| Mar 31, 2019 | -21.00 Mn |
| Dec 31, 2018 | 14.00 Mn |
| Sep 30, 2018 | -12.50 Mn |
| Jun 30, 2018 | -14.91 Mn |
| Mar 31, 2018 | -13.36 Mn |
| Dec 31, 2017 | -17.08 Mn |