Tencent Music Entertainment (TME) Tax Provisions (2017 - 2026)
Tencent Music Entertainment (TME) posted Tax Provisions of -$76 million for Q2 2026, compared with -$72 million a year earlier.
Tencent Music Entertainment (TME) Tax Provisions (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Tencent Music Entertainment was -$278 million; for FY2025, it came in at -$275 million.
- In prior years, Tencent Music Entertainment's Tax Provisions was -$220 million in FY2024, -$116 million in FY2023, -$77 million in FY2022 and -$65 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Tax Provisions in data going back to Q4 2017.
- According to Business Quant data, Tax Provisions for the three prior quarters was -$66 million (Q1 2026), -$69 million (Q4 2025) and -$67 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 667.17 Mn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | -1.89 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 273.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 840.00 Mn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 610.00 Mn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | -898.00 Mn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 203.41 Mn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | -75.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -75.49 Mn |
| Mar 31, 2026 | -65.98 Mn |
| Dec 31, 2025 | -68.52 Mn |
| Sep 30, 2025 | -66.65 Mn |
| Jun 30, 2025 | -71.20 Mn |
| Mar 31, 2025 | -61.35 Mn |
| Dec 31, 2024 | -58.89 Mn |
| Sep 30, 2024 | -51.21 Mn |
| Jun 30, 2024 | -59.67 Mn |
| Mar 31, 2024 | -53.28 Mn |
| Dec 31, 2023 | -6.67 Mn |
| Sep 30, 2023 | -24.33 Mn |
| Jun 30, 2023 | -26.70 Mn |
| Mar 31, 2023 | -24.41 Mn |
| Dec 31, 2022 | -23.62 Mn |
| Sep 30, 2022 | -22.22 Mn |
| Jun 30, 2022 | -18.80 Mn |
| Mar 31, 2022 | -14.18 Mn |
| Dec 31, 2021 | -11.73 Mn |
| Sep 30, 2021 | -15.77 Mn |
Tencent Music Entertainment Tax Provisions 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=tax-provisions&ticker=TME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();