PDD Holdings (PDD) Cash & Equivalents (2017 - 2025)
PDD Holdings' (PDD) quarterly Cash & Equivalents came in at $15.4 billion in Q4 2025, up 90.92% year-on-year from $8.0 billion in Q4 2024, and down 33.1% quarter-over-quarter from $23.0 billion in Q3 2025.
PDD Holdings (PDD) Cash & Equivalents (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Cash & Equivalents across 9 years of filings, most recently posting $15.4 billion for Q4 2025.
- Cash & Equivalents for Q4 2025 came in at $15.4 billion, up 90.92% year-over-year; the trailing twelve-month figure through Dec 2025 was $15.4 billion (up 90.92% YoY), and the FY2025 annual result was $15.6 billion, up 96.77% from the prior year.
- Cash & Equivalents came in at $15.4 billion for Q4 2025 at PDD Holdings, down from $23.0 billion in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $1168.1 billion in Q1 2022 to a low of $1.0 billion in Q4 2021.
- The 5-year median for Cash & Equivalents is $11.0 billion (2022), against an average of $70.1 billion.
- Across the five-year window, Cash & Equivalents surged 11800.37% in 2022 and sank 99.12% in 2023, its largest moves.
- PDD Holdings' Cash & Equivalents stood at $1.0 billion in 2021, then surged by 380.14% to $4.8 billion in 2022, then soared by 72.07% to $8.3 billion in 2023, then dropped by 3.16% to $8.0 billion in 2024, then surged by 90.92% to $15.4 billion in 2025.
- The last three Cash & Equivalents figures came in at $15.4 billion (Q4 2025), $23.0 billion (Q3 2025), and $18.1 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 101.82 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 3.68 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.58 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 15.35 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 2.89 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 90.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 155,711.00 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 1.00 Bn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 631.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 485.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.35 Bn |
| Sep 30, 2025 | 22.95 Bn |
| Jun 30, 2025 | 18.13 Bn |
| Mar 31, 2025 | 18.64 Bn |
| Dec 31, 2024 | 8.04 Bn |
| Sep 30, 2024 | 17.91 Bn |
| Jun 30, 2024 | 15.98 Bn |
| Mar 31, 2024 | 15.89 Bn |
| Dec 31, 2023 | 8.30 Bn |
| Sep 30, 2023 | 15.39 Bn |
| Jun 30, 2023 | 11.51 Bn |
| Mar 31, 2023 | 10.29 Bn |
| Dec 31, 2022 | 4.83 Bn |
| Sep 30, 2022 | 10.46 Bn |
| Jun 30, 2022 | 9.39 Bn |
| Mar 31, 2022 | 1,168.11 Bn |
| Dec 31, 2021 | 1.01 Bn |
| Sep 30, 2021 | 9.68 Bn |
| Jun 30, 2021 | 10.43 Bn |
| Mar 31, 2021 | 9.82 Bn |