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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,204.12 Bn | 3,775.09 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Taboola.com | 1,133.50 Bn | 1,133.37 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.11 Bn | 284.61 Bn | 1.88 Mn | 1.24 Bn |
| 5 | Spotify Technology | 102.49 Bn | 92.25 Bn | 1.75 Bn | 984.60 Mn |
| 6 | Joyy | 77.64 Bn | 76.76 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 290,746.00 |
| 8 | Nebius | 49.21 Bn | 39.58 Bn | 295.20 Mn | 4.73 Bn |
| 9 | 30.41 Bn | 27.62 Bn | 734.60 Mn | 260.74 Mn | |
| 10 | Tencent Music Entertainment | 27.03 Bn | 24.32 Bn | 514.00 Mn | 336.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 226.46 Mn |
| Jun 30, 2025 | 226.46 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 |
| Dec 31, 2023 | 278.00 Mn |
| Dec 31, 2023 | 278.00 Mn |