Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026)
Tencent Music Entertainment's (TME) quarterly Accounts Payables came in at $990.0 million in Q2 2026, up 1.96% year-over-year from $971.0 million in Q2 2025, and up 10.61% quarter-over-quarter from $895.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Accounts Payables across 10 years of filings, most recently posting $990.0 million for Q2 2026.
- In Q2 2026, Accounts Payables rose 1.96% year-over-year to $990.0 million; the TTM figure through Jun 2026 stood at $990.0 million (up 1.96% YoY), while the FY2025 annual figure was $899.0 million, down 4.56% from the prior year.
- Accounts Payables came in at $990.0 million for Q2 2026 at Tencent Music Entertainment, up from $895.0 million in the prior quarter.
- In the past five years, Accounts Payables ranged from a high of $1.0 billion in Q1 2025 to a low of $7.0 million in Q2 2022.
- Average Accounts Payables over 5 years is $737.5 million, with a median of $775.0 million recorded in 2023.
- Year-over-year, Accounts Payables tumbled 50.0% in 2022 and soared 10171.43% in 2023.
- Over 5 years, Accounts Payables stood at $702.7 million in 2022, then declined by 1.06% to $695.3 million in 2023, then jumped by 37.74% to $957.7 million in 2024, then declined by 7.48% to $886.0 million in 2025, then climbed by 11.74% to $990.0 million in 2026.
- Per Business Quant data, the three most recent Accounts Payables figures were $990.0 million in Q2 2026, $895.0 million in Q1 2026, and $886.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 814.55 Mn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 1.54 Bn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 990.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 56.09 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 1.09 Bn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 52.44 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | 775,300.00 |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 10.49 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 4.32 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | 42.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 990.00 Mn |
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 886.00 Mn |
| Sep 30, 2025 | 930.00 Mn |
| Jun 30, 2025 | 971.00 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 957.66 Mn |
| Jun 30, 2024 | 856.00 Mn |
| Mar 31, 2024 | 761.00 Mn |
| Dec 31, 2023 | 695.27 Mn |
| Sep 30, 2023 | 692.00 Mn |
| Jun 30, 2023 | 719.00 Mn |
| Mar 31, 2023 | 775.00 Mn |
| Dec 31, 2022 | 702.74 Mn |
| Sep 30, 2022 | 680.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 14.55 Mn |
| Sep 30, 2021 | 14.00 Mn |
| Jun 30, 2021 | 14.00 Mn |