Tencent Music Entertainment (TME) Operating Leases (2018 - 2025)
Tencent Music Entertainment's (TME) quarterly Operating Leases came in at $28.2 million in Q4 2025, down 7.51% year-on-year from $30.5 million in Q4 2024, and down 7.51% quarter-over-quarter from $30.5 million in Q4 2024.
Tencent Music Entertainment (TME) Operating Leases (2018 - 2025) Analysis & Trends
Tencent Music Entertainment has disclosed Operating Leases across 8 years of filings, most recently posting $28.2 million for Q4 2025.
- Operating Leases for Q4 2025 came in at $28.2 million, down 7.51% year-over-year; the trailing twelve-month figure through Dec 2025 was $28.2 million (down 7.51% YoY), and the FY2025 annual result was $28.2 million, down 7.51% from the prior year.
- Operating Leases came in at $28.2 million for Q4 2025 at Tencent Music Entertainment, down from $30.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $43.0 million in Q4 2022 to a low of $28.2 million in Q4 2025.
- The 5-year median for Operating Leases is $32.1 million (2021), against an average of $35.0 million.
- Across the five-year window, Operating Leases surged 34.18% in 2022 and decreased 26.09% in 2024, its largest moves.
- Tencent Music Entertainment's Operating Leases stood at $32.1 million in 2021, then soared by 34.18% to $43.0 million in 2022, then dropped by 4.13% to $41.2 million in 2023, then fell by 26.09% to $30.5 million in 2024, then dropped by 7.51% to $28.2 million in 2025.
- The last three Operating Leases figures came in at $28.2 million (Q4 2025), $30.5 million (Q4 2024), and $41.2 million (Q4 2023), 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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 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| Date | Value |
|---|---|
| Dec 31, 2025 | 28.20 Mn |
| Dec 31, 2024 | 30.49 Mn |
| Dec 31, 2023 | 41.25 Mn |
| Dec 31, 2022 | 43.02 Mn |
| Dec 31, 2021 | 32.06 Mn |
| Dec 31, 2020 | 32.89 Mn |
| Dec 31, 2019 | 11.07 Mn |
| Sep 30, 2019 | 12.00 Mn |
| Jun 30, 2019 | 12.00 Mn |
| Mar 31, 2019 | 9.00 Mn |
| Dec 31, 2018 | 14.03 Mn |