PDD Holdings Inc.

PDDNASDAQConsumer Cyclical● Active

$83.63

$-1.45(-1.70%)

Market Cap$117.4B

P/E Ratio—

52W High$139.41

52W Low$81.56

Avg Volume8.7M

Open$84.75

Beta-0.03

Net Income Financials Revenue

PDD Holdings Inc. (PDD) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

PDD · net income · updated Jun 8, 2026

Core profitability metrics

PDD · net income · margin · TTM · CAGR

Net income was $97.84B for FY2025 (fiscal year ending 2025-12-31), down 13.0% year-over-year. Net profit margin was 22.7%. Based on available data, PDD Holdings Inc. has been profitable since at least 2021.

FY2025 Net Income$97.84B▼ -13.0% YoY

Trailing 12M (TTM)$95.57Btrailing 4 quarters sum

Net Profit Margin22.7%$97.84B ÷ $431.85B

YoY Change-13.0%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2021

▸ FMP /income-statement · Annual · PDD net income history · PDD profit margin

Annual net income data

PDD · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$97.84B▼ 13.0%22.7%$431.85B

FY2024$112.43B▲ +87.3%28.6%$393.84B

FY2023$60.03B▲ +90.3%24.2%$247.64B

FY2022$31.54B▲ +306.0%24.2%$130.56B

FY2021★ First Profit$7.77B▲ +208.2%8.3%$93.95B

Net income vs peers (Consumer Cyclical)

PDD vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

PDD Holdings Inc.YOU

PDD

$97.84B-13.0%22.7%

Toyota Motor Corporation

$4.08T-14.4%7.6%

100%

Alibaba Group Holding Limited

Consumer Cyclical · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

PDD Holdings Inc. (PDD) reported net income of $97.84B for FY2025 (fiscal year ending 2025-12-31), down 13.0% year-over-year. The net profit margin was 22.7% — meaning the company kept $0.23 of every dollar of revenue as profit.

Based on available data, PDD Holdings Inc. has been profitable since at least 2021. Net income reached a peak of $112.43B in FY2024. Data available for 10 fiscal years.

PDD Holdings Inc.'s net profit margin was 22.7% for FY2025, based on the latest annual results.

Investors sometimes search for "PDD Holdings Inc. net worth" — the company's market capitalization is a separate figure from PDD net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

PDD net income · 5 questions

PDD Holdings Inc. is profitable. The company reported net income of $97.84B for FY2025, a net profit margin of 22.7%. Net income was down 13.0% year-over-year. Based on available data, PDD Holdings Inc. has been profitable since at least 2021.

is PDD profitabledoes PDD make a profitPDD profitabilityPDD profitable company

▸ Source: FMP /income-statement · GAAP · PDD Holdings Inc. · PDD Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026