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 $85.0 million in Q1 2026, up 174.19% year-on-year from $31.0 million in Q1 2025, and up 19.62% quarter-over-quarter from $71.1 million in Q4 2025.

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 $85.0 million for Q1 2026.

  • Non-Current Deferred Tax Liability for Q1 2026 came in at $85.0 million, up 174.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $85.0 million (up 174.19% YoY), and the FY2025 annual result was $72.0 million, up 166.67% from the prior year.
  • Non-Current Deferred Tax Liability came in at $85.0 million for Q1 2026 at Tencent Music Entertainment, up from $71.1 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $95.0 million in Q3 2025 to a low of $10.4 million in Q4 2023.
  • The 5-year median for Non-Current Deferred Tax Liability is $36.1 million (2024), against an average of $44.0 million.
  • Across the five-year window, Non-Current Deferred Tax Liability tumbled 45.95% in 2023 and jumped 246.15% in 2024, its largest moves.
  • Tencent Music Entertainment's Non-Current Deferred Tax Liability stood at $31.0 million in 2022, then tumbled by 66.4% to $10.4 million in 2023, then surged by 246.15% to $36.1 million in 2024, then surged by 97.08% to $71.1 million in 2025, then gained by 19.62% to $85.0 million in 2026.
  • The last three Non-Current Deferred Tax Liability figures came in at $85.0 million (Q1 2026), $71.1 million (Q4 2025), and $95.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 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 10.42 Mn
Dec 31, 2023 10.42 Mn
Sep 30, 2023 28.00 Mn
Sep 30, 2023 28.00 Mn