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

PDD Holdings' Accumulated Expenses history runs 8 years deep, the most recent figure standing at $689.5 million for Q4 2025.

• In Q4 2025, Accumulated Expenses rose 23.0% year-over-year to $689.5 million; the TTM figure through Dec 2025 stood at $689.5 million (up 23.0% YoY), while the FY2025 annual figure 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.
• A 5-year average of $466.4 million and a median of $444.5 million in 2023 frame the typical range for Accumulated Expenses.
• Across the five-year window, Accumulated Expenses increased 9.06% in 2022 and surged 33.67% in 2023, its largest moves.
• PDD Holdings' Accumulated Expenses stood at $304.9 million in 2021, then grew by 9.06% to $332.5 million in 2022, then surged by 33.67% to $444.5 million in 2023, then grew by 26.13% to $560.6 million in 2024, then increased 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.

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