Tencent Music Entertainment (TME) Goodwill (2016 - 2026)
Tencent Music Entertainment's (TME) quarterly Goodwill came in at $3.0 billion in Q1 2026, up 9.9% year-on-year from $2.7 billion in Q1 2025, and up 2.86% quarter-over-quarter from $2.9 billion in Q4 2025.
Tencent Music Entertainment (TME) Goodwill (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Goodwill across 11 years of filings, most recently posting $3.0 billion for Q1 2026.
- Goodwill for Q1 2026 came in at $3.0 billion, up 9.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.0 billion (up 9.9% YoY), and the FY2025 annual result was $2.9 billion, up 8.99% from the prior year.
- Goodwill came in at $3.0 billion for Q1 2026 at Tencent Music Entertainment, up from $2.9 billion in the prior quarter.
- In the past five years, Goodwill ranged from a high of $3.0 billion in Q1 2022 to a low of $2.7 billion in Q3 2023.
- The 5-year median for Goodwill is $2.7 billion (2022), against an average of $2.8 billion.
- Across the five-year window, Goodwill fell 8.36% in 2022 and climbed 9.9% in 2026, its largest moves.
- Tencent Music Entertainment's Goodwill stood at $2.7 billion in 2022, then dropped by 0.97% to $2.7 billion in 2023, then gained by 0.77% to $2.7 billion in 2024, then rose by 5.78% to $2.9 billion in 2025, then climbed by 2.86% to $3.0 billion in 2026.
- The last three Goodwill figures came in at $3.0 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.98 Bn |
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 2.88 Bn |
| Jun 30, 2025 | 2.86 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 2.74 Bn |
| Jun 30, 2024 | 2.70 Bn |
| Mar 31, 2024 | 2.71 Bn |
| Dec 31, 2023 | 2.71 Bn |
| Sep 30, 2023 | 2.68 Bn |
| Jun 30, 2023 | 2.69 Bn |
| Mar 31, 2023 | 2.85 Bn |
| Dec 31, 2022 | 2.74 Bn |
| Sep 30, 2022 | 2.74 Bn |
| Jun 30, 2022 | 2.91 Bn |
| Mar 31, 2022 | 3.02 Bn |
| Dec 31, 2021 | 2.99 Bn |
| Sep 30, 2021 | 2.96 Bn |
| Jun 30, 2021 | 2.95 Bn |
| Mar 31, 2021 | 2.91 Bn |