Tencent Music Entertainment (TME) Equity Income (2018 - 2026)
Tencent Music Entertainment (TME) reported Equity Income of $5 million for Q2 2026, up 150.0% from $2 million a year earlier.
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Analysis
Tencent Music Entertainment (TME) Equity Income (2018 - 2026) Analysis & Trends
For FY2025, Tencent Music Entertainment posted Equity Income of $6 million, down 53.8% from FY2024.
- Equity Income has a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- By year, Equity Income came in at $13 million in FY2024 (-26.3%), $17.64 million in FY2023 (+194.0%), $6 million in FY2022 and -$7 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Equity Income since Q2 2024.
- Year over year, Equity Income gained in two of the last five quarters, with growth averaging 6.0%.
- The high point for year-over-year Equity Income in five years was Q3 2023 (growth of 600.0%); the low point was Q2 2025 (a decline of 71.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$1 million (Q1 2026), -$1 million (Q4 2025) and $2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 137.00 Mn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | -22.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | -21.00 Mn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | -6.00 Mn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | - |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 5.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.43 Mn |
| Mar 31, 2026 | -1.01 Mn |
| Dec 31, 2025 | -1.13 Mn |
| Sep 30, 2025 | 1.54 Mn |
| Jun 30, 2025 | 2.21 Mn |
| Mar 31, 2025 | 3.16 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Sep 30, 2024 | 4.05 Mn |
| Jun 30, 2024 | 7.46 Mn |
| Mar 31, 2024 | -2.52 Mn |
| Dec 31, 2023 | 2.78 Mn |
| Sep 30, 2023 | 6.77 Mn |
| Jun 30, 2023 | 5.43 Mn |
| Mar 31, 2023 | 2.92 Mn |
| Dec 31, 2022 | 2.25 Mn |
| Sep 30, 2022 | 1.17 Mn |
| Jun 30, 2022 | -909,882.79 |
| Mar 31, 2022 | 3.15 Mn |
| Dec 31, 2021 | 156,409.59 |
| Sep 30, 2021 | 154,580.63 |
API Access
Tencent Music Entertainment Equity Income 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=equity-income&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();