Tencent Music Entertainment (TME) Receivables - Net (2017 - 2026)
Tencent Music Entertainment's (TME) quarterly Receivables - Net came in at $617.0 million in Q2 2026, up 18.43% year-over-year from $521.0 million in Q2 2025, and up 11.17% quarter-over-quarter from $555.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Receivables - Net (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Receivables - Net across 10 years of filings, most recently posting $617.0 million for Q2 2026.
- In Q2 2026, Receivables - Net rose 18.43% year-over-year to $617.0 million; the TTM figure through Jun 2026 stood at $617.0 million (up 18.43% YoY), while the FY2025 annual figure was $558.0 million, up 16.01% from the prior year.
- Receivables - Net came in at $617.0 million for Q2 2026 at Tencent Music Entertainment, up from $555.0 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $617.0 million in Q2 2026 to a low of $339.0 million in Q2 2023.
- Average Receivables - Net over 5 years is $447.9 million, with a median of $416.0 million recorded in 2024.
- Year-over-year, Receivables - Net plunged 32.37% in 2022 and grew 25.85% in 2026.
- Over 5 years, Receivables - Net stood at $384.0 million in 2022, then gained by 8.33% to $416.0 million in 2023, then rose by 18.14% to $491.4 million in 2024, then increased by 11.98% to $550.3 million in 2025, then increased by 12.12% to $617.0 million in 2026.
- Per Business Quant data, the three most recent Receivables - Net figures were $617.0 million in Q2 2026, $555.0 million in Q1 2026, and $550.3 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 | 617.00 Mn |
| Mar 31, 2026 | 555.00 Mn |
| Dec 31, 2025 | 550.29 Mn |
| Sep 30, 2025 | 517.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Dec 31, 2024 | 491.43 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Mar 31, 2024 | 389.00 Mn |
| Dec 31, 2023 | 415.97 Mn |
| Sep 30, 2023 | 343.00 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 383.99 Mn |
| Sep 30, 2022 | 410.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 567.77 Mn |
| Sep 30, 2021 | 417.00 Mn |
| Jun 30, 2021 | 403.00 Mn |