Tencent Music Entertainment (TME) Inventory Average (2019 - 2026)
Tencent Music Entertainment's (TME) quarterly Inventory Average came in at $6.4 million in Q1 2026, up 106.08% year-on-year from $3.1 million in Q1 2025, and down 7.26% quarter-over-quarter from $6.9 million in Q4 2025.
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 $6.4 million for Q1 2026.
- Inventory Average for Q1 2026 came in at $6.4 million, up 106.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.4 million (up 106.08% YoY), and the FY2025 annual result was $4.5 million, up 125.0% from the prior year.
- Inventory Average came in at $6.4 million for Q1 2026 at Tencent Music Entertainment, down from $6.9 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $6.9 million in Q4 2025 to a low of $1.0 million in Q3 2023.
- The 5-year median for Inventory Average is $3.0 million (2022), against an average of $3.2 million.
- Across the five-year window, Inventory Average sank 66.67% in 2023 and jumped 106.08% in 2026, its largest moves.
- Tencent Music Entertainment's Inventory Average stood at $2.5 million in 2022, then tumbled 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 retreated by 7.26% to $6.4 million in 2026.
- The last three Inventory Average figures came in at $6.4 million (Q1 2026), $6.9 million (Q4 2025), and $6.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (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 | 337,338.64 |
| 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 | 6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2020 | 4.00 Mn |