Tencent Music Entertainment (TME) EBT (2016 - 2026)
Tencent Music Entertainment's (TME) quarterly EBT came in at $452.0 million in Q2 2026, up 8.65% year-over-year from $416.0 million in Q2 2025, and up 20.21% quarter-over-quarter from $376.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) EBT (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed EBT across 11 years of filings, most recently posting $452.0 million for Q2 2026.
- In Q2 2026, EBT rose 8.65% year-over-year to $452.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (down 6.52% YoY), while the FY2025 annual figure was $1.9 billion, up 59.05% from the prior year.
- EBT came in at $452.0 million for Q2 2026 at Tencent Music Entertainment, up from $376.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $666.0 million in Q1 2025 to a low of $117.0 million in Q1 2022.
- Average EBT over 5 years is $298.8 million, with a median of $277.3 million recorded in 2024.
- Year-over-year, EBT soared 151.32% in 2025 and tumbled 43.54% in 2026.
- Over 5 years, EBT stood at $199.0 million in 2022, then grew by 20.6% to $240.0 million in 2023, then jumped by 42.5% to $342.0 million in 2024, then increased by 15.79% to $396.0 million in 2025, then advanced by 14.14% to $452.0 million in 2026.
- Per Business Quant data, the three most recent EBT figures were $452.0 million in Q2 2026, $376.0 million in Q1 2026, and $396.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 4.07 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 836.90 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 452.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -181.90 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -16.19 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 231,000.00 |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -19.51 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -3.09 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 9.32 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -5.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 452.00 Mn |
| Mar 31, 2026 | 376.00 Mn |
| Dec 31, 2025 | 396.00 Mn |
| Sep 30, 2025 | 378.00 Mn |
| Jun 30, 2025 | 416.00 Mn |
| Mar 31, 2025 | 666.00 Mn |
| Dec 31, 2024 | 342.00 Mn |
| Sep 30, 2024 | 289.66 Mn |
| Jun 30, 2024 | 306.00 Mn |
| Mar 31, 2024 | 265.00 Mn |
| Dec 31, 2023 | 240.00 Mn |
| Sep 30, 2023 | 197.00 Mn |
| Jun 30, 2023 | 212.00 Mn |
| Mar 31, 2023 | 199.00 Mn |
| Dec 31, 2022 | 199.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 152.00 Mn |
| Mar 31, 2022 | 117.00 Mn |
| Dec 31, 2021 | 102.00 Mn |
| Sep 30, 2021 | 138.00 Mn |