Tencent Music Entertainment (TME) Non-Current Deferred Tax Liability (2016 - 2026)
Tencent Music Entertainment's (TME) quarterly Non-Current Deferred Tax Liability came in at $215.0 million in Q2 2026, up 150.0% year-over-year from $86.0 million in Q2 2025, and up 152.94% quarter-over-quarter from $85.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Non-Current Deferred Tax Liability (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Non-Current Deferred Tax Liability across 11 years of filings, most recently posting $215.0 million for Q2 2026.
- In Q2 2026, Non-Current Deferred Tax Liability rose 150.0% year-over-year to $215.0 million; the TTM figure through Jun 2026 stood at $215.0 million (up 150.0% YoY), while the FY2025 annual figure was $72.0 million, up 166.67% from the prior year.
- Non-Current Deferred Tax Liability came in at $215.0 million for Q2 2026 at Tencent Music Entertainment, up from $85.0 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $215.0 million in Q2 2026 to a low of $20.0 million in Q2 2023.
- Average Non-Current Deferred Tax Liability over 5 years is $54.0 million, with a median of $33.2 million recorded in 2023.
- Year-over-year, Non-Current Deferred Tax Liability slumped 45.95% in 2023 and jumped 174.19% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $29.7 million in 2022, then gained by 11.89% to $33.2 million in 2023, then fell by 16.96% to $27.6 million in 2024, then soared by 157.79% to $71.1 million in 2025, then jumped by 202.56% to $215.0 million in 2026.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $215.0 million in Q2 2026, $85.0 million in Q1 2026, and $71.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 | 215.00 Mn |
| Mar 31, 2026 | 85.00 Mn |
| Dec 31, 2025 | 71.06 Mn |
| Sep 30, 2025 | 95.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 31.00 Mn |
| Dec 31, 2024 | 27.56 Mn |
| Jun 30, 2024 | 37.00 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Dec 31, 2023 | 33.19 Mn |
| Sep 30, 2023 | 28.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 28.00 Mn |
| Dec 31, 2022 | 29.67 Mn |
| Sep 30, 2022 | 31.00 Mn |
| Jun 30, 2022 | 37.00 Mn |
| Mar 31, 2022 | 40.00 Mn |
| Dec 31, 2021 | 42.39 Mn |
| Sep 30, 2021 | 39.00 Mn |
| Jun 30, 2021 | 44.00 Mn |