Tencent Music Entertainment (TME) Intangibles (2016 - 2026)
Tencent Music Entertainment's Intangibles came in at $869 million for Q2 2026, up 104.5% from $425 million a year earlier and up 116.2% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Intangibles (2016 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Intangibles was $415 million, up 47.7% from FY2024.
- Intangibles carries a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- Going back by year, Intangibles was $281 million in FY2024 (-1.7%), $286 million in FY2023 (-16.6%), $343 million in FY2022 (-22.7%) and $444 million in FY2021 (+43.2%).
- The Q2 2026 figure represents the highest quarterly Intangibles in data going back to Q4 2016.
- Year-over-year, Intangibles has increased for three consecutive quarters, with growth averaging 40.7% over the last six quarters.
- The fastest year-over-year change in Intangibles over five years came in Q2 2026 (growth of 104.5%), and the weakest in Q2 2023 (a decline of 26.3%).
- Business Quant data shows TME's Intangibles at $402 million (Q1 2026), $408.74 million (Q4 2025) and $414 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 9.11 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 | 2.46 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 852.00 Mn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 2.00 Mn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 41.12 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 867.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 867.73 Mn |
| Mar 31, 2026 | 400.78 Mn |
| Dec 31, 2025 | 414.37 Mn |
| Sep 30, 2025 | 413.52 Mn |
| Jun 30, 2025 | 424.84 Mn |
| Mar 31, 2025 | 279.37 Mn |
| Dec 31, 2024 | 280.76 Mn |
| Jun 30, 2024 | 279.89 Mn |
| Mar 31, 2024 | 279.94 Mn |
| Dec 31, 2023 | 285.92 Mn |
| Sep 30, 2023 | 292.61 Mn |
| Jun 30, 2023 | 302.68 Mn |
| Mar 31, 2023 | 333.17 Mn |
| Dec 31, 2022 | 340.08 Mn |
| Sep 30, 2022 | 349.67 Mn |
| Jun 30, 2022 | 410.61 Mn |
| Mar 31, 2022 | 424.19 Mn |
| Dec 31, 2021 | 443.97 Mn |
| Sep 30, 2021 | 427.23 Mn |
| Jun 30, 2021 | 423.95 Mn |
API Access
Tencent Music Entertainment Intangibles 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=intangibles&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();