PDD Holdings (PDD) Accumulated Expenses (2017 - 2022)
PDD Holdings' Accumulated Expenses was $197 million in the quarter ended Jun 30, 2026, up 493.7% from $33.18 million a year earlier and up 1.5% from the prior quarter.
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Analysis
PDD Holdings (PDD) Accumulated Expenses (2017 - 2022) Analysis & Trends
As of Dec 31, 2025, Accumulated Expenses at PDD Holdings came in at $191.37 million, up 487.7% from the prior year.
- Accumulated Expenses shows a five-year compound annual growth rate of 30.7% (years ended Dec 2020 to Dec 2025).
- In earlier years, Accumulated Expenses was $32.56 million in the year ended Dec 31, 2024 (+118.1%), $14.93 million in the year ended Dec 31, 2023, $725,000 in the year ended Dec 31, 2022 (-100.0%) and $1.47 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Accumulated Expenses since the quarter ended Dec 31, 2020.
- Compared with a year earlier, Accumulated Expenses has increased for seven straight quarters, with growth averaging 279.0% over the last seven quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was the quarter ended Jun 30, 2026 (growth of 493.7%); the worst was the quarter ended Dec 31, 2021 (a decline of 99.6%).
- Per Business Quant data, PDD's Accumulated Expenses in the three quarters before the quarter ended Jun 30, 2026 was $194 million (quarter ended Mar 31, 2026), $188.65 million (quarter ended Dec 31, 2025) and $33.39 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 3.52 Mn |
| Dec 31, 2021 | 3.85 Mn |
| Dec 31, 2020 | 1.06 Bn |
| Sep 30, 2020 | 618.83 Mn |
| Dec 31, 2019 | 3.34 Mn |
| Dec 31, 2018 | 2.71 Mn |
| Dec 31, 2017 | 2.02 Mn |
API Access
PDD Holdings Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();