Tencent Music Entertainment (TME) EBITDA (2025 - 2026)
Tencent Music Entertainment's EBITDA was $454 million in Q2 2026, up 7.7% from $421.53 million a year earlier and up 17.3% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) EBITDA (2025 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tencent Music Entertainment's EBITDA was $1.93 billion through Jun 30, 2026; for FY2025, it was $2.1 billion, up 58.4% from FY2024.
- EBITDA has now increased for four consecutive years, with a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- In earlier years, EBITDA was $1.33 billion in FY2024 (+33.9%), $992.44 million in FY2023 (+23.0%), $807.1 million in FY2022 (+7.2%) and $752.57 million in FY2021 (-11.1%).
- The Q2 2026 figure marks the highest quarterly EBITDA since Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 47.87 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 25.13 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 8.60 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 495.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 2.09 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 2.63 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 795.06 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 452.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 452.33 Mn |
| Mar 31, 2026 | 387.20 Mn |
| Jun 30, 2025 | 417.25 Mn |
| Mar 31, 2025 | 670.50 Mn |
API Access
Tencent Music Entertainment EBITDA 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=ebitda&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();