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 | 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| 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 |