Tencent Music Entertainment (TME) Market Capitalization (2018 - 2026)
Tencent Music Entertainment's (TME) quarterly Market Capitalization came in at $13.1 billion in Q2 2026, down 56.47% year-over-year from $30.2 billion in Q2 2025, and down 10.02% quarter-over-quarter from $14.6 billion in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Market Capitalization (2018 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Market Capitalization across 9 years of filings, most recently posting $13.1 billion for Q2 2026.
- In Q2 2026, Market Capitalization fell 56.47% year-over-year to $13.1 billion; the TTM figure through Jun 2026 stood at $13.1 billion (down 56.47% YoY), while the FY2025 annual figure was $27.6 billion, up 56.94% from the prior year.
- Market Capitalization came in at $13.1 billion for Q2 2026 at Tencent Music Entertainment, down from $14.6 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $36.2 billion in Q3 2025 to a low of $6.7 billion in Q3 2022.
- Average Market Capitalization over 5 years is $17.4 billion, with a median of $15.0 billion recorded in 2023.
- Year-over-year, Market Capitalization sank 76.18% in 2022 and soared 103.94% in 2024.
- Over 5 years, Market Capitalization stood at $13.3 billion in 2022, then climbed by 16.57% to $15.5 billion in 2023, then grew by 13.7% to $17.6 billion in 2024, then soared by 56.94% to $27.6 billion in 2025, then sank by 52.37% to $13.1 billion in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $13.1 billion in Q2 2026, $14.6 billion in Q1 2026, and $27.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.14 Bn |
| Mar 31, 2026 | 14.61 Bn |
| Dec 31, 2025 | 27.59 Bn |
| Sep 30, 2025 | 36.15 Bn |
| Jun 30, 2025 | 30.19 Bn |
| Mar 31, 2025 | 22.32 Bn |
| Dec 31, 2024 | 17.58 Bn |
| Sep 30, 2024 | 20.68 Bn |
| Jun 30, 2024 | 24.11 Bn |
| Mar 31, 2024 | 19.20 Bn |
| Dec 31, 2023 | 15.46 Bn |
| Sep 30, 2023 | 10.22 Bn |
| Jun 30, 2023 | 11.82 Bn |
| Mar 31, 2023 | 13.26 Bn |
| Dec 31, 2022 | 13.26 Bn |
| Sep 30, 2022 | 6.74 Bn |
| Jun 30, 2022 | 8.34 Bn |
| Mar 31, 2022 | 8.09 Bn |
| Dec 31, 2021 | 11.37 Bn |
| Sep 30, 2021 | 12.01 Bn |