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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 7.17 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |