Tencent Music Entertainment (TME) Intangibles (2016 - 2026)
Tencent Music Entertainment's (TME) quarterly Intangibles came in at $869.0 million in Q2 2026, up 104.47% year-over-year from $425.0 million in Q2 2025, and up 116.17% quarter-over-quarter from $402.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Intangibles (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Intangibles across 11 years of filings, most recently posting $869.0 million for Q2 2026.
- In Q2 2026, Intangibles rose 104.47% year-over-year to $869.0 million; the TTM figure through Jun 2026 stood at $869.0 million (up 104.47% YoY), while the FY2025 annual figure was $415.0 million, up 47.69% from the prior year.
- Intangibles came in at $869.0 million for Q2 2026 at Tencent Music Entertainment, up from $402.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $869.0 million in Q2 2026 to a low of $280.0 million in Q1 2024.
- Average Intangibles over 5 years is $375.0 million, with a median of $333.0 million recorded in 2023.
- Year-over-year, Intangibles fell 26.28% in 2023 and surged 104.47% in 2026.
- Over 5 years, Intangibles stood at $333.0 million in 2022, then slipped by 15.24% to $282.2 million in 2023, then grew by 1.07% to $285.3 million in 2024, then jumped by 43.29% to $408.7 million in 2025, then soared by 112.61% to $869.0 million in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $869.0 million in Q2 2026, $402.0 million in Q1 2026, and $408.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 41.85 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 869.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 435.74 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 31.04 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 15.67 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | 966,300.00 |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 9.92 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | 41.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 869.00 Mn |
| Mar 31, 2026 | 402.00 Mn |
| Dec 31, 2025 | 408.74 Mn |
| Sep 30, 2025 | 414.00 Mn |
| Jun 30, 2025 | 425.00 Mn |
| Mar 31, 2025 | 280.00 Mn |
| Dec 31, 2024 | 285.25 Mn |
| Jun 30, 2024 | 280.00 Mn |
| Mar 31, 2024 | 280.00 Mn |
| Dec 31, 2023 | 282.22 Mn |
| Sep 30, 2023 | 293.00 Mn |
| Jun 30, 2023 | 303.00 Mn |
| Mar 31, 2023 | 333.00 Mn |
| Dec 31, 2022 | 332.95 Mn |
| Sep 30, 2022 | 350.00 Mn |
| Jun 30, 2022 | 411.00 Mn |
| Mar 31, 2022 | 425.00 Mn |
| Dec 31, 2021 | 442.48 Mn |
| Sep 30, 2021 | 429.00 Mn |
| Jun 30, 2021 | 424.00 Mn |