Tencent Music Entertainment (TME) Retained Earnings (2017 - 2026)
Tencent Music Entertainment (TME) reported Retained Earnings of $4.59 billion for Q2 2026, up 31.2% from $3.5 billion a year earlier and up 10.4% from the prior quarter.
Tencent Music Entertainment (TME) Retained Earnings (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment posted Retained Earnings of $4.2 billion, up 52.9% from FY2024.
- Retained Earnings has increased for three consecutive years, with a five-year compound annual growth rate of 19.8% (FY2020 to FY2025).
- By year, Retained Earnings came in at $2.75 billion in FY2024 (+14.9%), $2.39 billion in FY2023 (+36.8%), $1.75 billion in FY2022 (-21.6%) and $2.23 billion in FY2021 (+30.8%).
- The Q2 2026 figure ranks as the highest quarterly Retained Earnings in data going back to Q4 2017.
- Year over year, Retained Earnings has now increased in each of the last three quarters, with growth averaging 34.6% over the last six quarters.
- The high point for year-over-year Retained Earnings in five years was Q2 2025 (growth of 53.8%); the low point was Q3 2022 (a decline of 27.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.15 billion (Q1 2026), $4.14 billion (Q4 2025) and $3.82 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 493.37 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 157.84 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 50.97 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 103.45 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 3.78 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | -7.95 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 43.05 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 47.74 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 480.87 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 4.58 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.58 Bn |
| Mar 31, 2026 | 4.14 Bn |
| Dec 31, 2025 | 4.20 Bn |
| Sep 30, 2025 | 3.82 Bn |
| Jun 30, 2025 | 3.49 Bn |
| Mar 31, 2025 | 3.12 Bn |
| Dec 31, 2024 | 2.75 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 2.54 Bn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 2.15 Bn |
| Jun 30, 2023 | 2.00 Bn |
| Mar 31, 2023 | 1.92 Bn |
| Dec 31, 2022 | 1.73 Bn |
| Sep 30, 2022 | 1.54 Bn |
| Jun 30, 2022 | 2.34 Bn |
| Mar 31, 2022 | 2.33 Bn |
| Dec 31, 2021 | 2.23 Bn |
| Sep 30, 2021 | 2.11 Bn |
| Jun 30, 2021 | 1.99 Bn |
Tencent Music Entertainment Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=TME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();