PDD Holdings Inc.
PDDNASDAQConsumer Cyclical● Active
$82.56
$-2.51(-2.95%)
Market Cap$115.9B
P/E Ratio—
52W High$139.41
52W Low$81.56
PDD Holdings Inc. (PDD) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · PDD · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $431.85B | $393.84B | $247.64B | $130.56B | $93.95B |
| Cost of Revenue | $188.80B | $153.90B | $91.72B | $31.46B | $31.72B |
| Gross Profit | $243.04B | $239.94B | $155.92B | $99.10B | $62.23B |
| Gross Margin %(computed) | 56.28% | 60.92% | 62.96% | 75.90% | 66.24% |
| Operating Expenses | |||||
| R&D Expenses | $16.50B | $12.66B | $10.95B | $10.38B | $8.99B |
| G&A Expenses | $8.16B | $7.55B | $4.08B | $3.96B | $1.54B |
| Total Operating Expenses | $149.94B | $131.51B | $97.22B | $68.69B | $55.34B |
| Operating Income | $93.10B | $108.42B | $58.70B | $30.40B | $6.90B |
| Operating Margin %(computed) | 21.56% | 27.53% | 23.70% | 23.29% | 7.34% |
| Interest Income | $25.58B | $20.55B | $10.24B | $4.00B | $3.06B |
| Interest Expense | $0.00B | $0.00B | $0.04B | $0.05B | $1.23B |
| Income Before Tax | $119.58B | $132.70B | $71.88B | $36.26B | $9.70B |
| Income Tax Expense | $21.73B | $20.27B | $11.85B | $4.73B | $1.93B |
| Net Income | $97.84B | $112.43B | $60.03B | $31.54B | $7.77B |
| Net Margin %(computed) | 22.66% | 28.55% | 24.24% | 24.16% | 8.27% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $69.16 | $81.24 | $44.32 | $24.96 | $6.20 |
| Wtd Avg Shares | 1.40B | 1.38B | 1.35B | 1.26B | 1.25B |
| EBITDA | $122.45B | $109.13B | $59.48B | $32.63B | $8.39B |
| EBITDA Margin %(computed) | 28.35% | 27.71% | 24.02% | 24.99% | 8.93% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · CNY · B
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About PDD Holdings Inc. (PDD) Income Statement
PDD Holdings Inc. (PDD) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, PDD reported revenue of $431.85B, gross profit of $243.04B (gross margin 56.28%), and net income of $97.84B — a net profit margin of 22.66%.
Frequently asked questions
PDD · 4 questionsPDD Holdings Inc. (PDD) reported revenue of $431.85B for 2025, up 9.7% year-over-year.
PDD revenuePDD salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08