Tencent Music Entertainment (TME) Research & Development (2017 - 2026)

Tencent Music Entertainment has reported Research & Development for 10 years, with the latest figure at -$39.0 million in Q1 2026.

• Quarterly Research & Development fell 44.44% year-over-year to -$39.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$144.0 million (down 19.31% YoY) and the FY2025 annual result came in at -$135.0 million, down 13.45% from the prior year.
• Research & Development declined to -$39.0 million in Q1 2026 per TME's latest filing, from -$38.0 million in the prior quarter.
• Over five years, Research & Development peaked at -$26.0 million in Q1 2024 and troughed at -$52.0 million in Q1 2022.
• A 5-year average of -$34.5 million and a median of -$34.0 million in 2022 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2026: Research & Development soared 66.95% in 2022, then tumbled 44.44% in 2026.
• Over 5 years, Research & Development stood at -$39.0 million in 2022, then rose by 7.69% to -$36.0 million in 2023, then rose by 5.56% to -$34.0 million in 2024, then dropped by 11.76% to -$38.0 million in 2025, then fell by 2.63% to -$39.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$39.0 million, -$38.0 million, and -$37.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.