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 Reddit 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
DateValue
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