PDD Holdings PDD
NASDAQ PDD
$83.18 -0.82 (-0.98%)
As of: Sep 1, 2026 · 2:51 PM EDT

PDD Holdings (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.

Analysis

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

PDD Holdings has reported Accumulated Expenses for 8 years, with the latest figure 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.
  • Over five years, Accumulated Expenses peaked at $689.5 million in Q4 2025 and troughed at $304.9 million in Q4 2021.
  • A 5-year average of $466.4 million and a median of $444.5 million in 2023 frame the typical range for Accumulated Expenses.
  • The sharpest annual moves came in 2022 and 2023: Accumulated Expenses rose 9.06% in 2022, then soared 33.67% in 2023.
  • Over 5 years, Accumulated Expenses stood at $304.9 million in 2021, then increased by 9.06% to $332.5 million in 2022, then soared by 33.67% to $444.5 million in 2023, then increased by 26.13% to $560.6 million in 2024, then rose by 23.0% to $689.5 million in 2025.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $689.5 million, $560.6 million, and $444.5 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,735.27 Bn 2,612.28 Bn 198.88 Bn
2 PDD Holdings 116.19 Bn -48,010.22 Bn 9.45 Bn
3 DoorDash 98.67 Bn 93.32 Bn 2.35 Bn
4 Mercadolibre 98.66 Bn 83.46 Bn 4.16 Bn
5 Sea 67.43 Bn 59.03 Bn 3.55 Bn
6 Ebay 46.79 Bn 43.48 Bn 2.30 Bn
7 JD.com 39.63 Bn 7.08 Bn 16.50 Bn
8 Coupang 28.43 Bn 22.32 Bn 2.49 Bn
9 Wayfair 12.38 Bn 11.24 Bn 1.05 Bn
10 Maplebear 11.74 Bn 10.89 Bn 751.00 Mn
Historic Data

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
Sep 30, 2020 538.08 Mn
Dec 31, 2019 150.57 Mn
Dec 31, 2018 321.90 Mn