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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,228.49 Bn | 3,799.45 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn |
| 4 | Baidu | 289.51 Bn | 285.02 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.68 Bn | 92.45 Bn | 1.75 Bn |
| 6 | Joyy | 77.91 Bn | 77.02 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.37 Bn | 39.74 Bn | 295.20 Mn |
| 9 | 30.48 Bn | 27.69 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.07 Bn | 24.37 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 36.06 Mn |
| Dec 31, 2024 | 36.06 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 |
| Sep 30, 2023 | 28.00 Mn |
| Sep 30, 2023 | 28.00 Mn |