Tencent Music Entertainment (TME) Common Equity (2016 - 2026)
Tencent Music Entertainment (TME) posted Common Equity of $11.2 billion for Q1 2026, down 4.5% sequentially from $11.7 billion in Q4 2025, and up 7.9% YoY from $10.4 billion in Q1 2025.
Tencent Music Entertainment (TME) Common Equity (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Common Equity for 11 years, with the latest figure at $11.2 billion in Q1 2026.
- Quarterly Common Equity rose 7.9% year-over-year to $11.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.2 billion (up 7.9% YoY) and the FY2025 annual result came in at $11.9 billion, up 24.33% from the prior year.
- Common Equity slipped to $11.2 billion in Q1 2026 per TME's latest filing, from $11.7 billion in the prior quarter.
- Over five years, Common Equity peaked at $12.1 billion in Q2 2025 and troughed at $6.8 billion in Q3 2022.
- A 5-year average of $9.0 billion and a median of $8.2 billion in 2023 frame the typical range for Common Equity.
- The sharpest annual moves came in 2022 and 2025: Common Equity fell 13.57% in 2022, then jumped 39.36% in 2025.
- Over 5 years, Common Equity stood at $6.9 billion in 2022, then advanced by 15.02% to $7.9 billion in 2023, then increased by 22.18% to $9.7 billion in 2024, then climbed by 20.63% to $11.7 billion in 2025, then retreated by 4.5% to $11.2 billion in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $11.2 billion, $11.7 billion, and $12.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,239.00 Bn | 3,809.96 Bn | 73.85 Bn | 640.48 Bn |
| 2 | Meta Platforms | 1,535.20 Bn | 1,444.94 Bn | 49.47 Bn | 261.22 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 937.99 Mn |
| 4 | Baidu | 289.02 Bn | 284.53 Bn | 1.88 Mn | 40.44 Bn |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | 9.38 Bn |
| 6 | Joyy | 77.84 Bn | 76.96 Bn | 205.64 Mn | 6.58 Bn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 1.16 Mn |
| 8 | Nebius | 49.06 Bn | 39.43 Bn | 295.20 Mn | 7.24 Bn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 3.29 Bn | |
| 10 | Tencent Music Entertainment | 27.04 Bn | 24.34 Bn | 514.00 Mn | 11.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.18 Bn |
| Dec 31, 2025 | 11.71 Bn |
| Sep 30, 2025 | 12.00 Bn |
| Jun 30, 2025 | 12.06 Bn |
| Mar 31, 2025 | 10.36 Bn |
| Dec 31, 2024 | 9.71 Bn |
| Jun 30, 2024 | 8.65 Bn |
| Mar 31, 2024 | 8.41 Bn |
| Dec 31, 2023 | 7.94 Bn |
| Sep 30, 2023 | 7.56 Bn |
| Jun 30, 2023 | 7.55 Bn |
| Mar 31, 2023 | 7.58 Bn |
| Dec 31, 2022 | 6.91 Bn |
| Sep 30, 2022 | 6.79 Bn |
| Jun 30, 2022 | 7.21 Bn |
| Mar 31, 2022 | 7.76 Bn |
| Dec 31, 2021 | 7.99 Bn |
| Sep 30, 2021 | 7.86 Bn |
| Jun 30, 2021 | 8.11 Bn |
| Mar 31, 2021 | 8.05 Bn |