Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2025)

Tencent Music Entertainment (TME) posted Current Deferred Revenue of $499.0 million for Q4 2025, up 15.77% sequentially from $431.0 million in Q4 2024, and up 15.77% YoY from $431.0 million in Q4 2024.

Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2025) Analysis & Trends

Tencent Music Entertainment has reported Current Deferred Revenue for 9 years, with the latest figure at $499.0 million in Q4 2025.

  • Quarterly Current Deferred Revenue rose 15.77% year-over-year to $499.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $499.0 million (up 15.77% YoY) and the FY2025 annual result came in at $499.0 million, up 15.77% from the prior year.
  • Current Deferred Revenue rose to $499.0 million in Q4 2025 per TME's latest filing, from $431.0 million in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $499.0 million in Q4 2025 and troughed at $286.9 million in Q4 2021.
  • A 5-year average of $383.7 million and a median of $396.4 million in 2023 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2022 and 2023: Current Deferred Revenue climbed 6.36% in 2022, then rose 29.91% in 2023.
  • Over 5 years, Current Deferred Revenue stood at $286.9 million in 2021, then grew by 6.36% to $305.1 million in 2022, then climbed by 29.91% to $396.4 million in 2023, then climbed by 8.74% to $431.0 million in 2024, then advanced by 15.77% to $499.0 million in 2025.
  • According to Business Quant data, Current Deferred Revenue over the past three periods registered $499.0 million, $431.0 million, and $396.4 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,184.14 Bn 3,755.10 Bn 73.85 Bn
2 Meta Platforms 1,531.53 Bn 1,441.27 Bn 49.47 Bn
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn
4 Baidu 288.26 Bn 283.77 Bn 1.88 Mn
5 Spotify Technology 103.22 Bn 92.98 Bn 1.75 Bn
6 Joyy 77.36 Bn 76.47 Bn 205.64 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00
8 Nebius 49.14 Bn 39.51 Bn 295.20 Mn
9 Reddit 30.07 Bn 27.28 Bn 734.60 Mn
10 Tencent Music Entertainment 26.88 Bn 24.18 Bn 514.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 498.97 Mn
Dec 31, 2024 431.01 Mn
Dec 31, 2023 396.38 Mn
Dec 31, 2022 305.11 Mn
Dec 31, 2021 286.86 Mn
Dec 31, 2020 254.41 Mn
Jun 30, 2020 234.42 Mn
Dec 31, 2019 249.85 Mn
Dec 31, 2018 206.96 Mn
Dec 31, 2017 147.82 Mn