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

Tencent Music Entertainment's (TME) quarterly Receivables - Net came in at $555.0 million in Q1 2026, up 25.85% year-on-year from $441.0 million in Q1 2025, and up 0.86% quarter-over-quarter from $550.3 million in Q4 2025.

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 $555.0 million for Q1 2026.

  • Receivables - Net for Q1 2026 came in at $555.0 million, up 25.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $555.0 million (up 25.85% YoY), and the FY2025 annual result was $558.0 million, up 16.01% from the prior year.
  • Receivables - Net came in at $555.0 million for Q1 2026 at Tencent Music Entertainment, up from $550.3 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $555.0 million in Q1 2026 to a low of $339.0 million in Q2 2023.
  • The 5-year median for Receivables - Net is $416.0 million (2023), against an average of $436.8 million.
  • Across the five-year window, Receivables - Net tumbled 33.51% in 2022 and climbed 25.85% in 2026, its largest moves.
  • Tencent Music Entertainment's Receivables - Net stood at $375.4 million in 2022, then rose by 10.8% 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 advanced by 0.86% to $555.0 million in 2026.
  • The last three Receivables - Net figures came in at $555.0 million (Q1 2026), $550.3 million (Q4 2025), and $517.0 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 555.00 Mn
Mar 31, 2026 555.00 Mn
Dec 31, 2025 550.29 Mn
Dec 31, 2025 550.29 Mn
Sep 30, 2025 517.00 Mn
Sep 30, 2025 517.00 Mn
Jun 30, 2025 521.00 Mn
Jun 30, 2025 521.00 Mn
Mar 31, 2025 441.00 Mn
Mar 31, 2025 441.00 Mn
Dec 31, 2024 491.43 Mn
Dec 31, 2024 491.43 Mn
Jun 30, 2024 416.00 Mn
Jun 30, 2024 416.00 Mn
Mar 31, 2024 389.00 Mn
Mar 31, 2024 389.00 Mn
Dec 31, 2023 415.97 Mn
Dec 31, 2023 415.97 Mn
Sep 30, 2023 343.00 Mn
Sep 30, 2023 343.00 Mn