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

PDD Holdings Inc.

PDDNASDAQConsumer Cyclical● Active
$82.46
$-2.61(-3.07%)
Market Cap$115.8B
P/E Ratio—
52W High$139.41
52W Low$81.56
Overview

PDD Holdings Inc. (PDD) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

PDD · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$496.46B▲ +49.7% vs prior year
FY · as of Dec 31, 2025 · Reported in CNY
Cash & Cash Equiv. (CCE)
$182.85B
cashAndCashEquivalents
Short-Term Investments
$313.61B
shortTermInvestments
YoY Change vs Prior Year
+49.7%
vs prior fiscal year
Latest Quarter
$510.37B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CNY

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$496.46BCash on Hand
Total Debt$5.38BTotal Debt
Net Cash / Net Debt+$491.07BNet Cash Position
Cash vs Debt Ratio
Cash 99%Debt 1%

PDD Holdings Inc. has a net cash position of $491.07B, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$496.46B − $5.38B = +$491.07B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
PDD annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$496.46B+49.7%
Dec 31, 2024$331.56B+52.6%
Dec 31, 2023$217.21B+45.4%
Dec 31, 2022$149.44B+60.8%
Dec 31, 2021$92.94B+6.9%
PDD cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Consumer Cyclical Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
PDD Holdings Inc.
PDD Holdings Inc.YOU
PDD
$496.46B428.6%
#2
Alibaba Group Holding Limited
Alibaba Group Holding Limited
BABA
$357.59B127.4%#3
Amazon.com, Inc.
Amazon.com, Inc.
AMZN
$123.03B4.7%#4
Tesla, Inc.
Tesla, Inc.
TSLA
$44.06B2.9%#5
The Home Depot, Inc.
The Home Depot, Inc.
HD
$1.39B0.5%
Consumer Cyclical sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

PDD Holdings Inc. (PDD) cash on hand as of December 31, 2025 is $496.46B, comprising $182.85B in cash and cash equivalents (CCE) plus $313.61B in short-term investments — reported as PDD Holdings Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as PDD Holdings Inc. cash reserves or cash position.

PDD Holdings Inc. annual cash on hand history shows increased +49.7% in 2025: increased +49.7% in 2025. PDD Holdings Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

PDD Holdings Inc. carries total debt of $5.38B against cash of $496.46B, resulting in a net cash position of +$491.07B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

PDD cash on hand · 5 questions

As of December 31, 2025, PDD Holdings Inc. (PDD) has $496.46B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $182.85B in cash and cash equivalents (CCE) plus $313.61B in short-term investments. Latest quarter (March 31, 2026): $510.37B. Data sourced from the annual 10-K filing via FMP.

PDD cash on handPDD cash reservesPDD cash 2025how much cash does PDD have

▸ Source: FMP /balance-sheet-statement · US GAAP · PDD Holdings Inc. · PDD Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025