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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn
6 Pinterest 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
DateValue
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