PDD Holdings (PDD) Beginning Cash Balance (2017 - 2025)

PDD Holdings has reported Beginning Cash Balance for 9 years, with the latest figure at $23.4 billion in Q4 2025.

• Quarterly Beginning Cash Balance rose 35.69% year-over-year to $23.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $67.1 billion (up 25.39% YoY) and the FY2025 annual result came in at $18.0 billion, up 8.16% from the prior year.
• Beginning Cash Balance improved to $23.4 billion in Q4 2025 per PDD's latest filing, from $17.2 billion in the prior quarter.
• Over five years, Beginning Cash Balance peaked at $23.4 billion in Q4 2025 and troughed at $9.8 billion in Q4 2021.
• A 5-year average of $15.4 billion and a median of $15.7 billion in 2023 frame the typical range for Beginning Cash Balance.
• The sharpest annual moves came in 2023 and 2024: Beginning Cash Balance surged 45.38% in 2023, then rose 9.79% in 2024.
• Over 5 years, Beginning Cash Balance stood at $9.8 billion in 2021, then advanced by 10.24% to $10.8 billion in 2022, then soared by 45.38% to $15.7 billion in 2023, then advanced by 9.79% to $17.2 billion in 2024, then jumped by 35.69% to $23.4 billion in 2025.
• According to Business Quant data, Beginning Cash Balance over the past three periods registered $23.4 billion, $17.2 billion, and $15.7 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.