Tencent Music Entertainment (TME) Common Equity (2016 - 2026)

Tencent Music Entertainment's (TME) quarterly Common Equity came in at $11.2 billion in Q1 2026, up 7.9% year-on-year from $10.4 billion in Q1 2025, and down 4.5% quarter-over-quarter from $11.7 billion in Q4 2025.

Tencent Music Entertainment (TME) Common Equity (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Common Equity across 11 years of filings, most recently posting $11.2 billion for Q1 2026.

  • Common Equity for Q1 2026 came in at $11.2 billion, up 7.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.2 billion (up 7.9% YoY), and the FY2025 annual result was $11.9 billion, up 24.33% from the prior year.
  • Common Equity came in at $11.2 billion for Q1 2026 at Tencent Music Entertainment, down from $11.7 billion in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $12.1 billion in Q2 2025 to a low of $6.8 billion in Q3 2022.
  • The 5-year median for Common Equity is $8.2 billion (2023), against an average of $9.0 billion.
  • Across the five-year window, Common Equity dropped 13.57% in 2022 and surged 39.36% in 2025, its largest moves.
  • Tencent Music Entertainment's Common Equity stood at $6.9 billion in 2022, then rose by 15.02% to $7.9 billion in 2023, then climbed by 22.18% to $9.7 billion in 2024, then gained by 20.63% to $11.7 billion in 2025, then declined by 4.5% to $11.2 billion in 2026.
  • The last three Common Equity figures came in at $11.2 billion (Q1 2026), $11.7 billion (Q4 2025), and $12.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 7.24 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 478.75 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 243.68 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 9.38 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 3.18 Bn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 2.85 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 2.08 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 4.41 Bn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn 11.18 Bn

Historic Data

Download Data
DateValue
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