Tencent Music Entertainment (TME) EBITDA (2016 - 2026)

Tencent Music Entertainment's (TME) quarterly EBITDA came in at $410.0 million in Q1 2026, up 16.33% year-on-year from $352.4 million in Q1 2025, and up 0.99% quarter-over-quarter from $406.0 million in Q4 2025.

Tencent Music Entertainment (TME) EBITDA (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed EBITDA across 11 years of filings, most recently posting $410.0 million for Q1 2026.

  • EBITDA for Q1 2026 came in at $410.0 million, up 16.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 24.99% YoY), and the FY2025 annual result was $1.9 billion, up 60.18% from the prior year.
  • EBITDA came in at $410.0 million for Q1 2026 at Tencent Music Entertainment, up from $406.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $908.3 million in Q4 2023 to a low of $118.0 million in Q1 2022.
  • The 5-year median for EBITDA is $303.6 million (2024), against an average of $329.2 million.
  • Across the five-year window, EBITDA soared 316.29% in 2022 and plunged 63.67% in 2024, its largest moves.
  • Tencent Music Entertainment's EBITDA stood at $445.4 million in 2022, then soared by 103.92% to $908.3 million in 2023, then tumbled by 63.67% to $330.0 million in 2024, then rose by 23.03% to $406.0 million in 2025, then grew by 0.99% to $410.0 million in 2026.
  • The last three EBITDA figures came in at $410.0 million (Q1 2026), $406.0 million (Q4 2025), and $378.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 182.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 90.03 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -74.45 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 36.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn 410.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 410.00 Mn
Dec 31, 2025 406.00 Mn
Sep 30, 2025 378.64 Mn
Jun 30, 2025 411.72 Mn
Mar 31, 2025 352.44 Mn
Dec 31, 2024 330.00 Mn
Sep 30, 2024 299.15 Mn
Jun 30, 2024 303.62 Mn
Mar 31, 2024 273.96 Mn
Dec 31, 2023 908.32 Mn
Sep 30, 2023 197.00 Mn
Jun 30, 2023 219.73 Mn
Mar 31, 2023 201.86 Mn
Dec 31, 2022 445.43 Mn
Sep 30, 2022 184.36 Mn
Jun 30, 2022 156.00 Mn
Mar 31, 2022 118.00 Mn
Dec 31, 2021 107.00 Mn
Sep 30, 2021 142.06 Mn
Jun 30, 2021 160.00 Mn