Tencent Music Entertainment TME
NYSE TME
$8.27 -0.29 (-3.33%)
As of: Aug 31, 2026 · 3:59 PM EDT

Tencent Music Entertainment (TME) Payables (2017 - 2026)

Tencent Music Entertainment (TME) posted Payables of $891.6 million for Q1 2026, up 0.64% sequentially from $886.0 million in Q4 2025, and down 11.28% YoY from $1.0 billion in Q1 2025.

Analysis

Tencent Music Entertainment (TME) Payables (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has reported Payables for 10 years, with the latest figure at $891.6 million in Q1 2026.

  • Quarterly Payables fell 11.28% year-over-year to $891.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $891.6 million (down 11.28% YoY) and the FY2025 annual result came in at $899.0 million, down 4.56% from the prior year.
  • Payables climbed to $891.6 million in Q1 2026 per TME's latest filing, from $886.0 million in the prior quarter.
  • Over five years, Payables peaked at $1.7 billion in Q2 2022 and troughed at $680.0 million in Q3 2022.
  • A 5-year average of $924.6 million and a median of $872.5 million in 2024 frame the typical range for Payables.
  • The sharpest annual moves came in 2022 and 2023: Payables soared 169.44% in 2022, then sank 56.83% in 2023.
  • Over 5 years, Payables stood at $702.7 million in 2022, then retreated by 1.06% to $695.3 million in 2023, then soared by 37.74% to $957.7 million in 2024, then retreated by 7.48% to $886.0 million in 2025, then gained by 0.64% to $891.6 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $891.6 million, $886.0 million, and $924.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 20.26 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 15.89 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 1.57 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 1.30 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 89.14 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn 925.80 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn 986.31 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 145.15 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 26.61 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn 330.58 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 986.31 Mn
Mar 31, 2026 891.63 Mn
Dec 31, 2025 1.38 Bn
Sep 30, 2025 924.79 Mn
Jun 30, 2025 971.00 Mn
Mar 31, 2025 1.01 Bn
Dec 31, 2024 1.45 Bn
Jun 30, 2024 858.93 Mn
Mar 31, 2024 761.00 Mn
Dec 31, 2023 1.48 Bn
Sep 30, 2023 698.16 Mn
Jun 30, 2023 744.86 Mn
Mar 31, 2023 777.64 Mn
Dec 31, 2022 1.48 Bn
Sep 30, 2022 707.32 Mn
Jun 30, 2022 1.67 Bn
Mar 31, 2022 1.61 Bn
Dec 31, 2021 1.47 Bn
Sep 30, 2021 1.49 Bn
Jun 30, 2021 682.00 Mn