Tencent Music Entertainment TME
NYSE TME
$8.27 -0.29 (-3.33%)
As of: Aug 31, 2026 · 3:59 PM EDT

Tencent Music Entertainment (TME) Tax Provisions (2017 - 2026)

Tencent Music Entertainment (TME) posted Tax Provisions of -$66.0 million for Q1 2026, up 4.35% sequentially from -$69.0 million in Q4 2025, and down 8.2% YoY from -$71.9 million in Q1 2025.

Analysis

Tencent Music Entertainment (TME) Tax Provisions (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has reported Tax Provisions for 10 years, with the latest figure at -$66.0 million in Q1 2026.

  • Quarterly Tax Provisions fell 8.2% year-over-year to -$66.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$274.0 million (down 19.54% YoY) and the FY2025 annual result came in at -$275.0 million, down 25.0% from the prior year.
  • Tax Provisions rose to -$66.0 million in Q1 2026 per TME's latest filing, from -$69.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at -$14.0 million in Q1 2022 and troughed at -$72.0 million in Q2 2025.
  • A 5-year average of -$44.1 million and a median of -$51.2 million in 2024 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions rose 26.32% in 2022, then tumbled 126.92% in 2024.
  • Over 5 years, Tax Provisions stood at -$24.0 million in 2022, then slumped by 75.0% to -$42.0 million in 2023, then tumbled by 38.1% to -$58.0 million in 2024, then slipped by 18.97% to -$69.0 million in 2025, then climbed by 4.35% to -$66.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$66.0 million, -$69.0 million, and -$67.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 26.56 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 2.91 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 203.41 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 13.70 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 3.99 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -4.76 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -76.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -2.49 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 44.10 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn 2.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -76.00 Mn
Mar 31, 2026 -66.00 Mn
Dec 31, 2025 -69.00 Mn
Sep 30, 2025 -67.00 Mn
Jun 30, 2025 -72.00 Mn
Mar 31, 2025 -61.00 Mn
Dec 31, 2024 -58.00 Mn
Sep 30, 2024 -51.21 Mn
Jun 30, 2024 -59.00 Mn
Mar 31, 2024 -53.00 Mn
Dec 31, 2023 -42.00 Mn
Sep 30, 2023 -24.00 Mn
Jun 30, 2023 -26.00 Mn
Mar 31, 2023 -24.00 Mn
Dec 31, 2022 -24.00 Mn
Sep 30, 2022 -21.00 Mn
Jun 30, 2022 -19.00 Mn
Mar 31, 2022 -14.00 Mn
Dec 31, 2021 -12.00 Mn
Sep 30, 2021 -16.00 Mn