Tencent Music Entertainment (TME) Minority Interest (2017 - 2026)
Tencent Music Entertainment (TME) posted Minority Interest of $413 million for Q2 2026, up 18.3% from $349 million a year earlier and up 2.2% from the prior quarter.
Tencent Music Entertainment (TME) Minority Interest (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Minority Interest came in at $395 million, up 54.9% from FY2024.
- Annual Minority Interest has increased for eight consecutive years, with a five-year compound annual growth rate of 39.8% (FY2020 to FY2025).
- In prior years, Tencent Music Entertainment's Minority Interest was $255 million in FY2024 (+40.1%), $182 million in FY2023 (+22.1%), $149 million in FY2022 (+28.4%) and $116 million in FY2021 (+56.8%).
- The Q2 2026 figure stands as the highest quarterly Minority Interest in data going back to Q4 2017.
- On a year-over-year basis, Minority Interest has increased in each of the last three quarters, with growth averaging 41.1% over the last five quarters.
- Over the past five years, the year-over-year growth in Minority Interest ranged from 1.3% (Q2 2023) to 72.2% (Q2 2022).
- According to Business Quant data, Minority Interest for the three prior quarters was $404 million (Q1 2026), $389.56 million (Q4 2025) and $377 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 412.30 Mn |
| Mar 31, 2026 | 403.67 Mn |
| Dec 31, 2025 | 394.93 Mn |
| Sep 30, 2025 | 376.72 Mn |
| Jun 30, 2025 | 348.15 Mn |
| Mar 31, 2025 | 270.14 Mn |
| Dec 31, 2024 | 255.27 Mn |
| Jun 30, 2024 | 229.80 Mn |
| Mar 31, 2024 | 199.13 Mn |
| Dec 31, 2023 | 182.21 Mn |
| Sep 30, 2023 | 169.04 Mn |
| Jun 30, 2023 | 156.51 Mn |
| Mar 31, 2023 | 157.63 Mn |
| Dec 31, 2022 | 147.64 Mn |
| Sep 30, 2022 | 150.20 Mn |
| Jun 30, 2022 | 154.93 Mn |
| Mar 31, 2022 | 124.33 Mn |
| Dec 31, 2021 | 115.82 Mn |
| Sep 30, 2021 | 102.32 Mn |
| Jun 30, 2021 | 90.20 Mn |
Tencent Music Entertainment Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=TME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();