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
DateValue
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