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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |