PDD Holdings Inc. (PDD) Accumulated Expenses (2018 - 2025)

PDD Holdings (PDD) posted Accumulated Expenses of $689.5 million for Q4 2025, up 23.0% sequentially from $560.6 million in Q4 2024, and up 23.0% YoY from $560.6 million in Q4 2024.

PDD Holdings Inc. (PDD) Accumulated Expenses (2018 - 2025) Analysis & Trends

PDD Holdings (PDD) has 8 years of Accumulated Expenses data on file, last reported at $689.5 million in Q4 2025.

  • Quarterly Accumulated Expenses rose 23.0% year-over-year to $689.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $689.5 million (up 23.0% YoY) and the FY2025 annual result came in at $699.3 million, up 26.76% from the prior year.
  • Accumulated Expenses climbed to $689.5 million in Q4 2025 per PDD's latest filing, from $560.6 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $689.5 million in Q4 2025, with the low at $304.9 million in Q4 2021.
  • Average Accumulated Expenses over 5 years is $466.4 million, with a median of $444.5 million recorded in 2023.
  • Year-over-year, Accumulated Expenses advanced 9.06% in 2022 and surged 33.67% in 2023.
  • PDD Holdings' Accumulated Expenses stood at $304.9 million in 2021, then rose by 9.06% to $332.5 million in 2022, then jumped by 33.67% to $444.5 million in 2023, then rose by 26.13% to $560.6 million in 2024, then gained by 23.0% to $689.5 million in 2025.
  • Business Quant data shows PDD's Accumulated Expenses at $689.5 million in Q4 2025, $560.6 million in Q4 2024, and $444.5 million in Q4 2023.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 689.52 Mn
Dec 31, 2024 560.60 Mn
Dec 31, 2023 444.45 Mn
Dec 31, 2022 332.49 Mn
Dec 31, 2021 304.87 Mn
Dec 31, 2020 272.63 Mn
Dec 31, 2019 150.57 Mn
Dec 31, 2018 321.90 Mn