Tencent Music Entertainment (TME) EBT (2016 - 2026)
Tencent Music Entertainment (TME) posted EBT of $376.0 million for Q1 2026, down 5.05% sequentially from $396.0 million in Q4 2025, and down 43.54% YoY from $666.0 million in Q1 2025.
Tencent Music Entertainment (TME) EBT (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported EBT for 11 years, with the latest figure at $376.0 million in Q1 2026.
- Quarterly EBT fell 43.54% year-over-year to $376.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 2.35% YoY) and the FY2025 annual result came in at $1.9 billion, up 59.05% from the prior year.
- EBT slipped to $376.0 million in Q1 2026 per TME's latest filing, from $396.0 million in the prior quarter.
- Over five years, EBT peaked at $666.0 million in Q1 2025 and troughed at $117.0 million in Q1 2022.
- A 5-year average of $289.7 million and a median of $265.0 million in 2024 frame the typical range for EBT.
- The sharpest annual moves came in 2025 and 2026: EBT jumped 151.32% in 2025, then plunged 43.54% in 2026.
- Over 5 years, EBT stood at $199.0 million in 2022, then rose by 20.6% to $240.0 million in 2023, then soared by 42.5% to $342.0 million in 2024, then gained by 15.79% to $396.0 million in 2025, then retreated by 5.05% to $376.0 million in 2026.
- According to Business Quant data, EBT over the past three periods registered $376.0 million, $396.0 million, and $378.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn | 138.75 Bn |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn | 18.76 Bn |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | 7.29 Mn |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn | 554.00 Mn |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn | 1.10 Bn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 40.69 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 102,234.00 |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | 2.40 |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | 256.84 Mn | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn | 376.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 152.00 Mn |