Companies: 10,795·Total market cap: $144.5T
PDD Holdings Inc.

PDD Holdings Inc.

PDDNASDAQConsumer Cyclical● Active
$85.07
$-0.81(-0.94%)
Market Cap$119.4B
P/E Ratio—
52W High$139.41
52W Low$81.56
Shares OutstandingFinancialsRevenue

PDD Holdings Inc. (PDD) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

PDD · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
1.398B▲ +0.99% YoY Change
FY · as of Dec 31, 2025 · Reported in CNY
vs 1.384B in FY 2024
Diluted Shares Outstanding
1.482B
incl. options, RSUs, convertibles
Dilution Spread
+6.06%
Diluted vs Basic
YoY Change
+0.99%
year-over-year
Float (Free Float)
1.389B
publicly tradable shares
98.9% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+3.4%
2022 → 2025
5-Year CAGRincreasing
+3.3%
2020 → 2025
10-Year CAGR—
—
—
ⓘ

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 1.482B
1.398B
+0.99%
FY 2024
Diluted Shares: 1.479B
1.384B
+2.21%
FY 2023
Diluted Shares: 1.460B
1.354B
+7.09%
FY 2022
Diluted Shares: 1.440B
1.264B
+0.90%
FY 2021
Diluted Shares: 1.428B
1.253B
+5.42%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Consumer Cyclical sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Consumer Cyclical sector.

#SymbolCompanyShares (Basic)vs PDD
#1
Amazon.com, Inc.AMZN
Amazon.com, Inc.
10.656B+662.4%
#2
Tesla, Inc.TSLA
Tesla, Inc.
3.225B+130.7%
#3
Alibaba Group Holding LimitedBABA
Alibaba Group Holding Limited
2.321B+66.1%
#4
PDD Holdings Inc.PDD
PDD Holdings Inc.YOU
1.398B—
#5
Toyota Motor CorporationTM
Toyota Motor Corporation
1.303B-6.8%
#6
The Home Depot, Inc.HD
The Home Depot, Inc.
993.0M-29.0%
#7
McDonald's CorporationMCD
McDonald's Corporation
713.4M-49.0%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

PDD Holdings Inc. (PDD) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, PDD Holdings Inc. reports 1.398B basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

PDD Holdings Inc.'s basic shares outstanding (1.398B) represents currently issued shares. Diluted shares outstanding (1.482B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +6.06%.

Shares Outstanding vs. Float (Free Float)

PDD Holdings Inc.'s float is 1.389B (98.9% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float1.389B(98.9%)
Outstanding1.404B

ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · CNY

About shares outstanding & methodology

PDD Holdings Inc. (PDD) shares outstanding history from 2016 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

PDD Holdings Inc. shares outstanding for the fiscal year ending December 31, 2025 were 1.398B, a 0.99% increase year-over-year. PDD Holdings Inc. FY 2025 shares outstanding were 1.398B, a +0.99% increase from FY 2024.

PDD Holdings Inc. is a leading company operating in the Consumer Cyclical sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.
Market capSplitsEarningsFinancials (Income)Cash on handFree cash flowNet incomePrice history

Frequently asked questions

PDD shares outstanding · 4 questions

As of December 31, 2025, PDD Holdings Inc. (PDD) has approximately 1.398B basic shares outstanding and 1.482B diluted shares outstanding. This represents a +0.99% year-over-year increase from FY 2024 (1.384B). The increase may reflect equity compensation issuances or secondary offerings.

PDD shares outstandinghow many shares does PDD havePDD basic shares 2025PDD diluted shares

▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · PDD Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08