Tencent Music Entertainment (TME) Receivables (2017 - 2026)
Tencent Music Entertainment (TME) posted Receivables of $552.2 million for Q1 2026, down 4.5% sequentially from $578.2 million in Q4 2025, and up 25.22% YoY from $441.0 million in Q1 2025.
Tencent Music Entertainment (TME) Receivables (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Receivables for 10 years, with the latest figure at $552.2 million in Q1 2026.
- Quarterly Receivables rose 25.22% year-over-year to $552.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $552.2 million (up 25.22% YoY) and the FY2025 annual result came in at $875.1 million, up 8.41% from the prior year.
- Receivables declined to $552.2 million in Q1 2026 per TME's latest filing, from $578.2 million in the prior quarter.
- Over five years, Receivables peaked at $578.2 million in Q4 2025 and troughed at $2.0 million in Q1 2022.
- A 5-year average of $422.7 million and a median of $434.8 million in 2022 frame the typical range for Receivables.
- The sharpest annual moves came in 2022 and 2023: Receivables slumped 99.52% in 2022, then surged 19233.25% in 2023.
- Over 5 years, Receivables stood at $475.0 million in 2022, then retreated by 8.09% to $436.5 million in 2023, then climbed by 18.64% to $517.9 million in 2024, then gained by 11.65% to $578.2 million in 2025, then slipped by 4.5% to $552.2 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $552.2 million, $578.2 million, and $514.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn | 69.18 Bn |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn | 21.75 Bn |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | 316.74 Mn |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn | 2.05 Bn |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn | 799.62 Mn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 287.16 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 996,938.00 |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | 0.90 |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | 650.10 Mn | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn | 552.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 389.00 Mn |
| Dec 31, 2023 | 436.52 Mn |
| Sep 30, 2023 | 345.90 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 474.96 Mn |
| Sep 30, 2022 | 410.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 2.05 Mn |
| Dec 31, 2021 | 4.69 Mn |
| Sep 30, 2021 | 417.00 Mn |
| Jun 30, 2021 | 403.00 Mn |
| Mar 31, 2021 | 430.00 Mn |