Tencent Music Entertainment (TME) Receivables - Net (2017 - 2026)
Tencent Music Entertainment (TME) posted Receivables - Net of $555.0 million for Q1 2026, up 0.86% sequentially from $550.3 million in Q4 2025, and up 25.85% YoY from $441.0 million in Q1 2025.
Tencent Music Entertainment (TME) Receivables - Net (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Receivables - Net for 10 years, with the latest figure at $555.0 million in Q1 2026.
- Quarterly Receivables - Net rose 25.85% year-over-year to $555.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $555.0 million (up 25.85% YoY) and the FY2025 annual result came in at $558.0 million, up 16.01% from the prior year.
- Receivables - Net rose to $555.0 million in Q1 2026 per TME's latest filing, from $550.3 million in the prior quarter.
- Over five years, Receivables - Net peaked at $555.0 million in Q1 2026 and troughed at $339.0 million in Q2 2023.
- A 5-year average of $437.4 million and a median of $416.0 million in 2023 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2022 and 2026: Receivables - Net sank 32.37% in 2022, then increased 25.85% in 2026.
- Over 5 years, Receivables - Net stood at $384.0 million in 2022, then climbed by 8.33% to $416.0 million in 2023, then advanced by 18.14% to $491.4 million in 2024, then gained by 11.98% to $550.3 million in 2025, then grew by 0.86% to $555.0 million in 2026.
- According to Business Quant data, Receivables - Net over the past three periods registered $555.0 million, $550.3 million, and $517.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 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 |