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

Tencent Music Entertainment's (TME) quarterly Receivables came in at $552.2 million in Q1 2026, up 25.22% year-on-year from $441.0 million in Q1 2025, and down 4.5% quarter-over-quarter from $578.2 million in Q4 2025.

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

Tencent Music Entertainment has disclosed Receivables across 10 years of filings, most recently posting $552.2 million for Q1 2026.

  • Receivables for Q1 2026 came in at $552.2 million, up 25.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $552.2 million (up 25.22% YoY), and the FY2025 annual result was $585.9 million, up 15.46% from the prior year.
  • Receivables came in at $552.2 million for Q1 2026 at Tencent Music Entertainment, down from $578.2 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $578.2 million in Q4 2025 to a low of $345.9 million in Q3 2023.
  • The 5-year median for Receivables is $429.7 million (2022), against an average of $447.8 million.
  • Across the five-year window, Receivables sank 51.28% in 2022 and increased 25.22% in 2026, its largest moves.
  • Tencent Music Entertainment's Receivables stood at $466.4 million in 2022, then retreated by 10.18% to $418.9 million in 2023, then grew by 23.63% to $517.9 million in 2024, then increased by 11.65% to $578.2 million in 2025, then retreated by 4.5% to $552.2 million in 2026.
  • The last three Receivables figures came in at $552.2 million (Q1 2026), $578.2 million (Q4 2025), and $514.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.90
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 63.00 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 17.47 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 799.62 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 522.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 830.38 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 6.91 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.19 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 153.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn 552.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 552.22 Mn
Dec 31, 2025 578.21 Mn
Sep 30, 2025 514.44 Mn
Jun 30, 2025 515.54 Mn
Mar 31, 2025 441.00 Mn
Dec 31, 2024 517.88 Mn
Jun 30, 2024 417.72 Mn
Mar 31, 2024 392.69 Mn
Dec 31, 2023 418.88 Mn
Sep 30, 2023 345.90 Mn
Jun 30, 2023 351.08 Mn
Mar 31, 2023 397.88 Mn
Dec 31, 2022 466.38 Mn
Sep 30, 2022 426.32 Mn
Jun 30, 2022 433.00 Mn
Mar 31, 2022 396.00 Mn
Dec 31, 2021 957.23 Mn
Sep 30, 2021 415.20 Mn
Jun 30, 2021 403.00 Mn
Mar 31, 2021 430.00 Mn