Tencent Music Entertainment (TME) Current Taxes (2017 - 2026)
Tencent Music Entertainment (TME) reported Current Taxes of $147 million for Q2 2026, down 51.0% from $300 million a year earlier and down 4.5% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Current Taxes (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment posted Current Taxes of $156 million, down 47.1% from FY2024.
- Current Taxes has a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- By year, Current Taxes came in at $295 million in FY2024 (+268.8%), $80 million in FY2023 (+35.6%), $59 million in FY2022 (+3.5%) and $57 million in FY2021 (-16.2%).
- Five-year quarterly Current Taxes spans a low of $56.78 million in Q4 2021 and a high of $300 million in Q2 2025.
- Year over year, Current Taxes gained in four of the last six quarters, with growth averaging 69.4%.
- The high point for year-over-year Current Taxes in five years was Q1 2025 (growth of 219.4%); the low point was Q2 2026 (a decline of 51.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $154 million (Q1 2026), $153.96 million (Q4 2025) and $133 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,170.47 Bn | 3,927.99 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,765.68 Bn | 1,468.20 Bn | 49.47 Bn | - |
| 3 | Netflix | 294.36 Bn | 254.56 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 1.36 Bn |
| 5 | Shopify | 227.87 Bn | 205.05 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 141.82 Bn | 113.62 Bn | 6.38 Bn | - |
| 7 | Booking Holdings | 126.68 Bn | 59.73 Bn | - | - |
| 8 | PDD Holdings | 113.62 Bn | -130.15 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 109.05 Bn | 66.55 Bn | 1.86 Bn | 195.32 Mn |
| 10 | Tencent Music Entertainment | 13.10 Bn | -9.64 Bn | 579.95 Mn | 147.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 147.05 Mn |
| Mar 31, 2026 | 153.22 Mn |
| Dec 31, 2025 | 156.09 Mn |
| Sep 30, 2025 | 133.16 Mn |
| Jun 30, 2025 | 299.35 Mn |
| Mar 31, 2025 | 296.30 Mn |
| Dec 31, 2024 | 127.98 Mn |
| Jun 30, 2024 | 95.77 Mn |
| Mar 31, 2024 | 92.71 Mn |
| Dec 31, 2023 | 79.78 Mn |
| Sep 30, 2023 | 67.26 Mn |
| Jun 30, 2023 | 63.57 Mn |
| Mar 31, 2023 | 60.26 Mn |
| Dec 31, 2022 | 58.02 Mn |
| Sep 30, 2022 | 66.82 Mn |
| Jun 30, 2022 | 58.66 Mn |
| Mar 31, 2022 | 66.97 Mn |
| Dec 31, 2021 | 56.97 Mn |
| Sep 30, 2021 | 62.91 Mn |
| Jun 30, 2021 | 72.41 Mn |
API Access
Tencent Music Entertainment Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();