Tencent Music Entertainment (TME) Free Cash Flow (2017 - 2026)
Tencent Music Entertainment's (TME) quarterly Free Cash Flow came in at $336.7 million in Q1 2026, down 2.98% year-on-year from $347.0 million in Q1 2025, and down 1.56% quarter-over-quarter from $342.0 million in Q4 2025.
Tencent Music Entertainment (TME) Free Cash Flow (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Free Cash Flow across 10 years of filings, most recently posting $336.7 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $336.7 million, down 2.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 1.72% YoY), and the FY2025 annual result was $1.4 billion, up 4.14% from the prior year.
- Free Cash Flow came in at $336.7 million for Q1 2026 at Tencent Music Entertainment, down from $342.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $514.6 million in Q3 2025 to a low of $183.0 million in Q3 2022.
- The 5-year median for Free Cash Flow is $336.7 million (2026), against an average of $315.7 million.
- Across the five-year window, Free Cash Flow jumped 180.62% in 2022 and slumped 44.31% in 2025, its largest moves.
- Tencent Music Entertainment's Free Cash Flow stood at $362.0 million in 2022, then retreated by 23.2% to $278.0 million in 2023, then gained by 22.3% to $340.0 million in 2024, then climbed by 0.59% to $342.0 million in 2025, then decreased by 1.56% to $336.7 million in 2026.
- The last three Free Cash Flow figures came in at $336.7 million (Q1 2026), $342.0 million (Q4 2025), and $514.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 4.73 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 10.12 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 16.19 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 984.60 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 311.16 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 311.68 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 171.82 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 286.01 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 166.00 Mn |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 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 | 375.63 Mn |
| Mar 31, 2024 | 375.63 Mn |
| Dec 31, 2023 | 278.00 Mn |
| Dec 31, 2023 | 278.00 Mn |