PDD Holdings Inc.
PDD · XNASCIK 1737806fmd_03FBB9KHVSS6SSFV5ZQSQBCXXVServices · Services-Business Services, NECTemplate: Standard
Coverage: Jan 01, 2016 to Dec 31, 2025, 12 periods
Latest annual · FY2025
Millions- Total revenues
- 431,846
- Gross profit
- 243,044
- Operating income
- 93,102
- Net income
- 97,843
Latest quarter · Q4 FY2020
Millions- Total revenues
- 26,548
- Gross profit
- 15,022
- Operating income
- (2,048)
- Net income
- (1,376)
- Free cash flow
- 14,922
Daily close · PDDIEX trades only
Nov 13, 2025 to Nov 11, 2026 · 250 sessions79.02 USD
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Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2022 to FY2025
- +49.0%
- Revenue, 5 yearsFY2020 to FY2025
- +48.7%
- Net income, 5 yearsFY2020 to FY2025
- n/m
PDD Holdings Inc. (PDD) financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2025 | FY2024 | Change | Source |
|---|---|---|---|---|
| Revenue | CN¥431.8 billion | CN¥393.8 billion | +9.7% | 20-F 2026-04-29 · proof |
| Gross profit | CN¥243 billion | CN¥239.9 billion | +1.3% | 20-F 2026-04-29 · proof |
| Operating income | CN¥93.1 billion | CN¥108.4 billion | -14.1% | 20-F 2026-04-29 · proof |
| Net income | CN¥97.8 billion | CN¥112.4 billion | -13% | 20-F 2026-04-29 · proof |
| Cash from operating activities | CN¥106.9 billion | CN¥121.9 billion | -12.3% | 20-F 2026-04-29 · proof |
| Total assets | CN¥630 billion | CN¥505 billion | +24.8% | 20-F 2026-04-29 · proof |
| Total liabilities | CN¥216.7 billion | CN¥191.7 billion | +13% | 20-F 2026-04-29 · proof |
| Cash and cash equivalents | CN¥108.9 billion | CN¥57.8 billion | +88.5% | 20-F 2026-04-29 · proof |
- What was PDD Holdings Inc. (PDD)'s revenue in fiscal 2025?
- PDD Holdings Inc. (PDD) reported revenue of CN¥431.8 billion for fiscal 2025 (the year ended Dec 31, 2025), against CN¥393.8 billion the year before (+9.7%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What was PDD Holdings Inc. (PDD)'s gross profit in fiscal 2025?
- PDD Holdings Inc. (PDD) reported gross profit of CN¥243 billion for fiscal 2025 (the year ended Dec 31, 2025), against CN¥239.9 billion the year before (+1.3%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What was PDD Holdings Inc. (PDD)'s operating income in fiscal 2025?
- PDD Holdings Inc. (PDD) reported operating income of CN¥93.1 billion for fiscal 2025 (the year ended Dec 31, 2025), against CN¥108.4 billion the year before (-14.1%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What was PDD Holdings Inc. (PDD)'s net income in fiscal 2025?
- PDD Holdings Inc. (PDD) reported net income of CN¥97.8 billion for fiscal 2025 (the year ended Dec 31, 2025), against CN¥112.4 billion the year before (-13%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What was PDD Holdings Inc. (PDD)'s cash from operating activities in fiscal 2025?
- PDD Holdings Inc. (PDD) reported cash from operating activities of CN¥106.9 billion for fiscal 2025 (the year ended Dec 31, 2025), against CN¥121.9 billion the year before (-12.3%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What are PDD Holdings Inc. (PDD)'s total assets?
- As of Dec 31, 2025, PDD Holdings Inc. (PDD) reported total assets of CN¥630 billion, against CN¥505 billion a year earlier (+24.8%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What are PDD Holdings Inc. (PDD)'s total liabilities?
- As of Dec 31, 2025, PDD Holdings Inc. (PDD) reported total liabilities of CN¥216.7 billion, against CN¥191.7 billion a year earlier (+13%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
- What are PDD Holdings Inc. (PDD)'s cash and cash equivalents?
- As of Dec 31, 2025, PDD Holdings Inc. (PDD) reported cash and cash equivalents of CN¥108.9 billion, against CN¥57.8 billion a year earlier (+88.5%). Source: the 20-F filed with the SEC on Apr 29, 2026. SEC
Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:PDD&period_type=annual&limit=5"Information only, not investment advice.