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

PDD Holdings has disclosed Accumulated Expenses across 8 years of filings, most recently posting $689.5 million for Q4 2025.

• Accumulated Expenses for Q4 2025 came in at $689.5 million, up 23.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $689.5 million (up 23.0% YoY), and the FY2025 annual result was $699.3 million, up 26.76% from the prior year.
• Accumulated Expenses came in at $689.5 million for Q4 2025 at PDD Holdings, up from $560.6 million in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $689.5 million in Q4 2025 to a low of $304.9 million in Q4 2021.
• The 5-year median for Accumulated Expenses is $444.5 million (2023), against an average of $466.4 million.
• Across the five-year window, Accumulated Expenses grew 9.06% in 2022 and jumped 33.67% in 2023, its largest moves.
• PDD Holdings' Accumulated Expenses stood at $304.9 million in 2021, then climbed by 9.06% to $332.5 million in 2022, then jumped by 33.67% to $444.5 million in 2023, then climbed by 26.13% to $560.6 million in 2024, then grew by 23.0% to $689.5 million in 2025.
• The last three Accumulated Expenses figures came in at $689.5 million (Q4 2025), $560.6 million (Q4 2024), and $444.5 million (Q4 2023), per Business Quant data.