Tencent Music Entertainment (TME) Inventory Average (2019 - 2026)
Tencent Music Entertainment's (TME) quarterly Inventory Average came in at $10.5 million in Q2 2026, up 200.0% year-over-year from $3.5 million in Q2 2025, and up 64.31% quarter-over-quarter from $6.4 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Inventory Average (2019 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Inventory Average across 8 years of filings, most recently posting $10.5 million for Q2 2026.
- In Q2 2026, Inventory Average rose 200.0% year-over-year to $10.5 million; the TTM figure through Jun 2026 stood at $10.5 million (up 200.0% YoY), while the FY2025 annual figure was $4.5 million, up 125.0% from the prior year.
- Inventory Average came in at $10.5 million for Q2 2026 at Tencent Music Entertainment, up from $6.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $10.5 million in Q2 2026 to a low of $1.0 million in Q3 2023.
- Average Inventory Average over 5 years is $3.6 million, with a median of $3.1 million recorded in 2022.
- Year-over-year, Inventory Average plunged 66.67% in 2023 and soared 200.0% in 2026.
- Over 5 years, Inventory Average stood at $2.5 million in 2022, then sank by 57.51% to $1.1 million in 2023, then surged by 89.47% to $2.0 million in 2024, then surged by 244.52% to $6.9 million in 2025, then soared by 52.39% to $10.5 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $10.5 million in Q2 2026, $6.4 million in Q1 2026, and $6.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | - |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 10.50 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | - |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | - |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | - |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | - |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | - |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.50 Mn |
| Mar 31, 2026 | 6.39 Mn |
| Dec 31, 2025 | 6.89 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 3.10 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.98 Mn |
| Dec 31, 2022 | 2.48 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 3.88 Mn |
| Sep 30, 2021 | 3.50 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 2.86 Mn |