Tencent Music Entertainment (TME) Current Leases (2019 - 2026)

Tencent Music Entertainment's (TME) quarterly Current Leases came in at $27.0 million in Q1 2026, down 22.86% year-on-year from $35.0 million in Q1 2025, and down 4.25% quarter-over-quarter from $28.2 million in Q4 2025.

Tencent Music Entertainment (TME) Current Leases (2019 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Current Leases across 8 years of filings, most recently posting $27.0 million for Q1 2026.

  • Current Leases for Q1 2026 came in at $27.0 million, down 22.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.0 million (down 22.86% YoY), and the FY2025 annual result was $29.0 million, down 3.33% from the prior year.
  • Current Leases came in at $27.0 million for Q1 2026 at Tencent Music Entertainment, down from $28.2 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $56.0 million in Q2 2022 to a low of $14.8 million in Q4 2024.
  • The 5-year median for Current Leases is $32.5 million (2024), against an average of $33.0 million.
  • Across the five-year window, Current Leases slumped 37.5% in 2023 and surged 91.09% in 2025, its largest moves.
  • Tencent Music Entertainment's Current Leases stood at $17.3 million in 2022, then fell by 7.65% to $16.0 million in 2023, then retreated by 7.61% to $14.8 million in 2024, then soared by 91.09% to $28.2 million in 2025, then dropped by 4.25% to $27.0 million in 2026.
  • The last three Current Leases figures came in at $27.0 million (Q1 2026), $28.2 million (Q4 2025), and $32.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (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 2.41 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 72.59 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 7.17 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 9.93 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 33.34 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 14.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn 27.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.00 Mn
Dec 31, 2025 28.20 Mn
Sep 30, 2025 32.00 Mn
Jun 30, 2025 32.00 Mn
Mar 31, 2025 35.00 Mn
Dec 31, 2024 14.76 Mn
Jun 30, 2024 33.00 Mn
Mar 31, 2024 36.00 Mn
Dec 31, 2023 15.97 Mn
Sep 30, 2023 44.00 Mn
Jun 30, 2023 35.00 Mn
Mar 31, 2023 41.00 Mn
Dec 31, 2022 17.29 Mn
Sep 30, 2022 49.00 Mn
Jun 30, 2022 56.00 Mn
Mar 31, 2022 31.00 Mn
Dec 31, 2021 14.39 Mn
Sep 30, 2021 32.00 Mn
Jun 30, 2021 33.00 Mn
Mar 31, 2021 31.00 Mn