Tencent Music Entertainment (TME) EBT (2017 - 2026)
Tencent Music Entertainment (TME) posted EBT of $452 million for Q2 2026, up 8.7% from $416 million a year earlier and up 20.2% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) EBT (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT at Tencent Music Entertainment was $1.6 billion, down 6.5% year-over-year; for FY2025, it was $1.9 billion, up 59.0% from FY2024.
- Annual EBT has increased for four consecutive years, with a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- In prior years, Tencent Music Entertainment's EBT was $1.19 billion in FY2024 (+40.3%), $851 million in FY2023 (+34.2%), $634 million in FY2022 (+11.2%) and $570 million in FY2021 (-19.7%).
- The Q2 2026 figure stands as the highest quarterly EBT since Q1 2025.
- On a year-over-year basis, EBT increased in seven of the last eight quarters, with growth averaging 36.0%.
- The strongest year-over-year quarter for EBT in the past five years was Q1 2025, with growth of 151.3%; the weakest was Q4 2021, with a decline of 48.2%.
- According to Business Quant data, EBT for the three prior quarters was $376 million (Q1 2026), $396 million (Q4 2025) and $378 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 138.75 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 18.76 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 4.07 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 3.29 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.78 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 3.28 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 2.56 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 6.06 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 836.90 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 450.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.42 Mn |
| Mar 31, 2026 | 374.50 Mn |
| Dec 31, 2025 | 390.83 Mn |
| Sep 30, 2025 | 375.70 Mn |
| Jun 30, 2025 | 412.27 Mn |
| Mar 31, 2025 | 664.99 Mn |
| Dec 31, 2024 | 347.90 Mn |
| Sep 30, 2024 | 289.66 Mn |
| Jun 30, 2024 | 307.49 Mn |
| Mar 31, 2024 | 267.25 Mn |
| Dec 31, 2023 | 236.66 Mn |
| Sep 30, 2023 | 198.94 Mn |
| Jun 30, 2023 | 219.16 Mn |
| Mar 31, 2023 | 199.82 Mn |
| Dec 31, 2022 | 193.05 Mn |
| Sep 30, 2022 | 182.02 Mn |
| Jun 30, 2022 | 154.07 Mn |
| Mar 31, 2022 | 116.44 Mn |
| Dec 31, 2021 | 101.98 Mn |
| Sep 30, 2021 | 137.58 Mn |
API Access
Tencent Music Entertainment EBT 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=ebt&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();