Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2026)
Tencent Music Entertainment's (TME) quarterly Current Deferred Revenue came in at $553.0 million in Q1 2026, up 21.01% year-on-year from $457.0 million in Q1 2025, and up 10.83% quarter-over-quarter from $499.0 million in Q4 2025.
Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Current Deferred Revenue across 10 years of filings, most recently posting $553.0 million for Q1 2026.
- Current Deferred Revenue for Q1 2026 came in at $553.0 million, up 21.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $553.0 million (up 21.01% YoY), and the FY2025 annual result was $506.0 million, up 19.34% from the prior year.
- Current Deferred Revenue came in at $553.0 million for Q1 2026 at Tencent Music Entertainment, up from $499.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $553.0 million in Q1 2026 to a low of $283.0 million in Q2 2022.
- The 5-year median for Current Deferred Revenue is $401.2 million (2023), against an average of $396.0 million.
- Across the five-year window, Current Deferred Revenue changed 0.0% in 2022 and grew 29.91% in 2023, its largest moves.
- Tencent Music Entertainment's Current Deferred Revenue stood at $305.1 million in 2022, then gained by 29.91% to $396.4 million in 2023, then gained by 8.74% to $431.0 million in 2024, then rose by 15.77% to $499.0 million in 2025, then rose by 10.83% to $553.0 million in 2026.
- The last three Current Deferred Revenue figures came in at $553.0 million (Q1 2026), $499.0 million (Q4 2025), and $479.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 553.00 Mn |
| Dec 31, 2025 | 498.97 Mn |
| Sep 30, 2025 | 479.00 Mn |
| Jun 30, 2025 | 479.00 Mn |
| Mar 31, 2025 | 457.00 Mn |
| Dec 31, 2024 | 431.01 Mn |
| Jun 30, 2024 | 406.00 Mn |
| Mar 31, 2024 | 414.00 Mn |
| Dec 31, 2023 | 396.38 Mn |
| Sep 30, 2023 | 350.00 Mn |
| Jun 30, 2023 | 335.00 Mn |
| Mar 31, 2023 | 340.00 Mn |
| Dec 31, 2022 | 305.11 Mn |
| Sep 30, 2022 | 314.00 Mn |
| Jun 30, 2022 | 283.00 Mn |
| Mar 31, 2022 | 295.00 Mn |
| Dec 31, 2021 | 286.86 Mn |
| Sep 30, 2021 | 263.00 Mn |
| Jun 30, 2021 | 277.00 Mn |
| Mar 31, 2021 | 295.00 Mn |