Tencent Music Entertainment (TME) Operating Leases (2018 - 2026)
Tencent Music Entertainment's (TME) quarterly Operating Leases came in at $32.0 million in Q2 2026, little changed year-over-year from $32.0 million in Q2 2025, and up 18.52% quarter-over-quarter from $27.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Operating Leases (2018 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Operating Leases across 9 years of filings, most recently posting $32.0 million for Q2 2026.
- In Q2 2026, Operating Leases changed 0.0% year-over-year to $32.0 million; the TTM figure through Jun 2026 stood at $32.0 million (changed 0.0% YoY), while the FY2025 annual figure was $29.0 million, down 3.33% from the prior year.
- Operating Leases came in at $32.0 million for Q2 2026 at Tencent Music Entertainment, up from $27.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $56.0 million in Q2 2022 to a low of $27.0 million in Q1 2026.
- Average Operating Leases over 5 years is $36.8 million, with a median of $35.0 million recorded in 2023.
- Year-over-year, Operating Leases surged 69.7% in 2022 and sank 37.5% in 2023.
- Over 5 years, Operating Leases stood at $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, then increased by 13.48% to $32.0 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $32.0 million in Q2 2026, $27.0 million in Q1 2026, and $28.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.00 Mn |
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 28.20 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 32.00 Mn |
| Mar 31, 2025 | 35.00 Mn |
| Dec 31, 2024 | 30.49 Mn |
| Jun 30, 2024 | 33.00 Mn |
| Mar 31, 2024 | 36.00 Mn |
| Dec 31, 2023 | 41.25 Mn |
| Sep 30, 2023 | 44.00 Mn |
| Jun 30, 2023 | 35.00 Mn |
| Mar 31, 2023 | 41.00 Mn |
| Dec 31, 2022 | 43.02 Mn |
| Sep 30, 2022 | 49.00 Mn |
| Jun 30, 2022 | 56.00 Mn |
| Mar 31, 2022 | 31.00 Mn |
| Dec 31, 2021 | 32.06 Mn |
| Sep 30, 2021 | 32.00 Mn |
| Jun 30, 2021 | 33.00 Mn |