Tencent Music Entertainment (TME) Operating Leases (2018 - 2025)
Tencent Music Entertainment (TME) posted Operating Leases of $28.2 million for Q4 2025, down 7.51% sequentially from $30.5 million in Q4 2024, and down 7.51% YoY from $30.5 million in Q4 2024.
Tencent Music Entertainment (TME) Operating Leases (2018 - 2025) Analysis & Trends
Tencent Music Entertainment has reported Operating Leases for 8 years, with the latest figure at $28.2 million in Q4 2025.
- Quarterly Operating Leases fell 7.51% year-over-year to $28.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $28.2 million (down 7.51% YoY) and the FY2025 annual result came in at $28.2 million, down 7.51% from the prior year.
- Operating Leases fell to $28.2 million in Q4 2025 per TME's latest filing, from $30.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $43.0 million in Q4 2022 and troughed at $28.2 million in Q4 2025.
- A 5-year average of $35.0 million and a median of $32.1 million in 2021 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 34.18% in 2022, then dropped 26.09% in 2024.
- Over 5 years, Operating Leases stood at $32.1 million in 2021, then surged by 34.18% to $43.0 million in 2022, then fell by 4.13% to $41.2 million in 2023, then decreased by 26.09% to $30.5 million in 2024, then fell by 7.51% to $28.2 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $28.2 million, $30.5 million, and $41.2 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,239.00 Bn | 3,809.96 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,535.20 Bn | 1,444.94 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn |
| 4 | Baidu | 289.02 Bn | 284.53 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn |
| 6 | Joyy | 77.84 Bn | 76.96 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.06 Bn | 39.43 Bn | 295.20 Mn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.04 Bn | 24.34 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 |
| Jun 30, 2020 | 8.75 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 |