Tencent Music Entertainment (TME) Non-Current Deferred Tax Liability (2016 - 2026)
Tencent Music Entertainment (TME) posted Non-Current Deferred Tax Liability of $85.0 million for Q1 2026, up 19.62% sequentially from $71.1 million in Q4 2025, and up 174.19% YoY from $31.0 million in Q1 2025.
Analysis
Tencent Music Entertainment (TME) Non-Current Deferred Tax Liability (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Non-Current Deferred Tax Liability for 11 years, with the latest figure at $85.0 million in Q1 2026.
- Quarterly Non-Current Deferred Tax Liability rose 174.19% year-over-year to $85.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.0 million (up 174.19% YoY) and the FY2025 annual result came in at $72.0 million, up 166.67% from the prior year.
- Non-Current Deferred Tax Liability grew to $85.0 million in Q1 2026 per TME's latest filing, from $71.1 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $95.0 million in Q3 2025 and troughed at $20.0 million in Q2 2023.
- A 5-year average of $45.9 million and a median of $37.0 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2023 and 2026: Non-Current Deferred Tax Liability tumbled 45.95% in 2023, then surged 174.19% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $41.8 million in 2022, then advanced by 4.43% to $43.6 million in 2023, then slipped by 17.32% to $36.1 million in 2024, then jumped by 97.08% to $71.1 million in 2025, then climbed by 19.62% to $85.0 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $85.0 million, $71.1 million, and $95.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.00 Mn |
| Jun 30, 2026 | 215.00 Mn |
| Mar 31, 2026 | 85.00 Mn |
| Mar 31, 2026 | 85.00 Mn |
| Dec 31, 2025 | 71.06 Mn |
| Dec 31, 2025 | 71.06 Mn |
| Sep 30, 2025 | 95.00 Mn |
| Sep 30, 2025 | 95.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 31.00 Mn |
| Mar 31, 2025 | 31.00 Mn |
| Dec 31, 2024 | 27.56 Mn |
| Dec 31, 2024 | 27.56 Mn |
| Jun 30, 2024 | 37.00 Mn |
| Jun 30, 2024 | 37.00 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Dec 31, 2023 | 43.61 Mn |
| Dec 31, 2023 | 43.61 Mn |