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

Tencent Music Entertainment (TME) posted Current Leases of $27.0 million for Q1 2026, down 4.25% sequentially from $28.2 million in Q4 2025, and down 22.86% YoY from $35.0 million in Q1 2025.

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

Tencent Music Entertainment has reported Current Leases for 8 years, with the latest figure at $27.0 million in Q1 2026.

  • Quarterly Current Leases fell 22.86% year-over-year to $27.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.0 million (down 22.86% YoY) and the FY2025 annual result came in at $29.0 million, down 3.33% from the prior year.
  • Current Leases retreated to $27.0 million in Q1 2026 per TME's latest filing, from $28.2 million in the prior quarter.
  • Over five years, Current Leases peaked at $56.0 million in Q2 2022 and troughed at $14.8 million in Q4 2024.
  • A 5-year average of $33.0 million and a median of $32.5 million in 2024 frame the typical range for Current Leases.
  • The sharpest annual moves came in 2023 and 2025: Current Leases slumped 37.5% in 2023, then jumped 91.09% in 2025.
  • Over 5 years, Current Leases stood at $17.3 million in 2022, then decreased by 7.65% to $16.0 million in 2023, then slipped by 7.61% to $14.8 million in 2024, then surged by 91.09% to $28.2 million in 2025, then fell by 4.25% to $27.0 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $27.0 million, $28.2 million, and $32.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Alphabet 4,253.34 Bn 3,824.30 Bn 73.85 Bn -
2 Meta Platforms 1,548.59 Bn 1,458.33 Bn 49.47 Bn 2.43 Bn
3 Taboola.com 1,144.63 Bn 1,144.50 Bn 139.48 Mn 33.79 Mn
4 Baidu 289.09 Bn 284.60 Bn 1.88 Mn 571.00 Mn
5 Spotify Technology 104.28 Bn 94.04 Bn 1.75 Bn 72.59 Mn
6 Joyy 78.58 Bn 77.69 Bn 205.64 Mn 8.94 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 49.00 Bn 39.37 Bn 295.20 Mn -
9 Reddit 30.74 Bn 27.96 Bn 734.60 Mn 7.78 Mn
10 Tencent Music Entertainment 27.35 Bn 24.65 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