Tencent Music Entertainment (TME) Free Cash Flow (2017 - 2026)
Tencent Music Entertainment (TME) posted Free Cash Flow of $336.7 million for Q1 2026, down 1.56% sequentially from $342.0 million in Q4 2025, and down 2.98% YoY from $347.0 million in Q1 2025.
Analysis
Tencent Music Entertainment (TME) Free Cash Flow (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Free Cash Flow for 10 years, with the latest figure at $336.7 million in Q1 2026.
- Quarterly Free Cash Flow fell 2.98% year-over-year to $336.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 1.72% YoY) and the FY2025 annual result came in at $1.4 billion, up 4.14% from the prior year.
- Free Cash Flow declined to $336.7 million in Q1 2026 per TME's latest filing, from $342.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $514.6 million in Q3 2025 and troughed at $176.0 million in Q3 2022.
- A 5-year average of $314.4 million and a median of $336.7 million in 2026 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow soared 180.62% in 2022, then slumped 44.31% in 2025.
- Over 5 years, Free Cash Flow stood at $362.0 million in 2022, then slipped by 23.2% to $278.0 million in 2023, then climbed by 22.3% to $340.0 million in 2024, then increased by 0.59% to $342.0 million in 2025, then dropped by 1.56% to $336.7 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $336.7 million, $342.0 million, and $514.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 971.73 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 7.90 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 260.74 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 420.61 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 269.93 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 352.53 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 120.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 420.61 Mn |
| Jun 30, 2026 | 420.61 Mn |
| Mar 31, 2026 | 336.67 Mn |
| Mar 31, 2026 | 336.67 Mn |
| Dec 31, 2025 | 342.00 Mn |
| Dec 31, 2025 | 342.00 Mn |
| Sep 30, 2025 | 514.58 Mn |
| Sep 30, 2025 | 514.58 Mn |
| Jun 30, 2025 | 229.00 Mn |
| Jun 30, 2025 | 229.00 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Dec 31, 2024 | 340.00 Mn |
| Dec 31, 2024 | 340.00 Mn |
| Sep 30, 2024 | 302.08 Mn |
| Sep 30, 2024 | 302.08 Mn |
| Jun 30, 2024 | 406.67 Mn |
| Jun 30, 2024 | 406.67 Mn |
| Mar 31, 2024 | 372.00 Mn |
| Mar 31, 2024 | 372.00 Mn |