PDD Holdings Inc.
PDD Holdings Inc. (PDD) Revenue
Annual & quarterly revenue history · segment & region breakdown
PDD · revenue · updated Jun 8, 2026
Core revenue metrics
Trailing 12 monthsPDD Holdings Inc. trailing twelve-month (TTM) revenue is $442B, an increase of 9.65% year-over-year from $432B in FY2025.
Revenue trend
2025 – 2016 · AnnualRevenue history
| Fiscal year end | Revenue | Change | Growth |
|---|---|---|---|
| 2025-12-31 | $432B | +$38.01B | +9.65% |
| 2024-12-31 | $394B | +$146.20B | +59.04% |
| 2023-12-31 | $248B | +$117.08B | +89.68% |
| 2022-12-31 | $131B | +$36.61B | +38.97% |
| 2021-12-31 | $93.95B | +$34.46B | +57.92% |
| 2020-12-31 | $59.49B | +$29.35B | +97.37% |
| 2019-12-31 | $30.14B | +$17.02B | +129.74% |
| 2018-12-31 | $13.12B | +$11.38B | +652.26% |
| 2017-12-31 | $1.74B | +$1.24B | +245.45% |
| 2016-12-31 | $0.50B | — | — |
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Revenue breakdown
Segment & GeographyAbout Revenue & Reporting
Revenue (also called sales, net sales, or turnover) is the total income PDD Holdings Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.
PDD Holdings Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in CNY.
Data sourced from PDD Holdings Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.
Frequently asked questions
PDD revenue · 4 questionsPDD's trailing twelve-month (TTM) revenue is $442B. That is an increase of 9.65% year-over-year from $432B in FY2025.
▸ Source: FMP · PDD Holdings Inc. SEC filings · GAAP · PDD Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026