Tencent Music Entertainment (TME) Long-Term Deferred Tax (2016 - 2026)
Tencent Music Entertainment (TME) posted Long-Term Deferred Tax of $78.0 million for Q1 2026, up 11.09% sequentially from $70.2 million in Q4 2025, and up 44.44% YoY from $54.0 million in Q1 2025.
Tencent Music Entertainment (TME) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Long-Term Deferred Tax for 11 years, with the latest figure at $78.0 million in Q1 2026.
- Quarterly Long-Term Deferred Tax rose 44.44% year-over-year to $78.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $78.0 million (up 44.44% YoY) and the FY2025 annual result came in at $71.0 million, up 22.41% from the prior year.
- Long-Term Deferred Tax advanced to $78.0 million in Q1 2026 per TME's latest filing, from $70.2 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $78.0 million in Q1 2026 and troughed at $47.0 million in Q2 2023.
- A 5-year average of $59.2 million and a median of $57.7 million in 2022 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2023 and 2026: Long-Term Deferred Tax decreased 21.67% in 2023, then jumped 44.44% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $60.9 million in 2022, then dropped by 2.59% to $59.3 million in 2023, then increased by 13.38% to $67.2 million in 2024, then advanced by 4.42% to $70.2 million in 2025, then gained by 11.09% to $78.0 million in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $78.0 million, $70.2 million, and $76.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.00 Mn |
| Dec 31, 2025 | 70.21 Mn |
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | 60.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 67.24 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Mar 31, 2024 | 50.00 Mn |
| Dec 31, 2023 | 59.30 Mn |
| Sep 30, 2023 | 51.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 51.00 Mn |
| Dec 31, 2022 | 60.88 Mn |
| Sep 30, 2022 | 55.00 Mn |
| Jun 30, 2022 | 60.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 61.63 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Jun 30, 2021 | 53.00 Mn |
| Mar 31, 2021 | 47.00 Mn |