Tencent Music Entertainment (TME) EBITDA (2016 - 2026)
Tencent Music Entertainment (TME) posted EBITDA of $410.0 million for Q1 2026, up 0.99% sequentially from $406.0 million in Q4 2025, and up 16.33% YoY from $352.4 million in Q1 2025.
Tencent Music Entertainment (TME) EBITDA (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported EBITDA for 11 years, with the latest figure at $410.0 million in Q1 2026.
- Quarterly EBITDA rose 16.33% year-over-year to $410.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 24.99% YoY) and the FY2025 annual result came in at $1.9 billion, up 60.18% from the prior year.
- EBITDA climbed to $410.0 million in Q1 2026 per TME's latest filing, from $406.0 million in the prior quarter.
- Over five years, EBITDA peaked at $411.7 million in Q2 2025 and troughed at $118.0 million in Q1 2022.
- A 5-year average of $274.4 million and a median of $271.0 million in 2024 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 87.85% in 2022, down 33.71% in 2022.
- Over 5 years, EBITDA stood at $201.0 million in 2022, then rose by 19.9% to $241.0 million in 2023, then surged by 36.93% to $330.0 million in 2024, then advanced by 23.03% to $406.0 million in 2025, then rose by 0.99% to $410.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $410.0 million, $406.0 million, and $378.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,250.36 Bn | 3,821.32 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,547.59 Bn | 1,457.33 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Taboola.com | 1,140.46 Bn | 1,140.32 Bn | 139.48 Mn | 7.26 Mn |
| 4 | Baidu | 287.92 Bn | 283.43 Bn | 1.88 Mn | 877.00 Mn |
| 5 | Spotify Technology | 105.84 Bn | 95.60 Bn | 1.75 Bn | 1.24 Bn |
| 6 | Joyy | 78.10 Bn | 77.21 Bn | 205.64 Mn | 18.27 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 102,075.00 |
| 8 | Nebius | 49.84 Bn | 40.21 Bn | 295.20 Mn | 129.50 Mn |
| 9 | 31.14 Bn | 28.35 Bn | 734.60 Mn | 231.72 Mn | |
| 10 | Tencent Music Entertainment | 27.38 Bn | 24.68 Bn | 514.00 Mn | 410.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 271.00 Mn |
| Dec 31, 2023 | 241.00 Mn |
| Sep 30, 2023 | 197.00 Mn |
| Jun 30, 2023 | 212.00 Mn |
| Mar 31, 2023 | 201.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 118.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | 143.00 Mn |
| Jun 30, 2021 | 160.00 Mn |