Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2026)
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.
Analysis
Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 655.00 Mn |
| 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 |