PDD Holdings (PDD) Cash from Investing Activities (2017 - 2025)

PDD Holdings (PDD) posted Cash from Investing Activities of $220.0 million for Q4 2025, up 113.55% sequentially from -$1.6 billion in Q3 2025, and up 105.26% YoY from $107.2 million in Q4 2024.

PDD Holdings (PDD) Cash from Investing Activities (2017 - 2025) Analysis & Trends

PDD Holdings has reported Cash from Investing Activities for 9 years, with the latest figure at $220.0 million in Q4 2025.

  • Quarterly Cash from Investing Activities rose 105.26% year-over-year to $220.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$6.1 billion (up 63.02% YoY) and the FY2025 annual result came in at -$6.2 billion, up 61.7% from the prior year.
  • Cash from Investing Activities advanced to $220.0 million in Q4 2025 per PDD's latest filing, from -$1.6 billion in the prior quarter.
  • Over five years, Cash from Investing Activities peaked at $220.0 million in Q4 2025 and troughed at -$5.9 billion in Q2 2024.
  • A 5-year average of -$2.0 billion and a median of -$1.6 billion in 2023 frame the typical range for Cash from Investing Activities.
  • The sharpest annual moves came in 2021 and 2025: Cash from Investing Activities slumped 3287.4% in 2021, then jumped 105.26% in 2025.
  • Over 5 years, Cash from Investing Activities stood at -$2.0 billion in 2021, then jumped by 37.69% to -$1.2 billion in 2022, then sank by 86.92% to -$2.3 billion in 2023, then sank by 80.39% to -$4.2 billion in 2024, then surged by 105.26% to $220.0 million in 2025.
  • According to Business Quant data, Cash from Investing Activities over the past three periods registered $220.0 million, -$1.6 billion, and -$3.8 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Investing Activities (Qtr)
1 Amazon Com 2,929.60 Bn 2,806.61 Bn 198.88 Bn -143.46 Bn
2 PDD Holdings 506.87 Bn 447.33 Bn 9.83 Bn 219.97 Mn
3 Mercadolibre 97.17 Bn 81.97 Bn 4.16 Bn -2.69 Bn
4 DoorDash 92.68 Bn 87.33 Bn 2.35 Bn -188.00 Mn
5 JD.com 87.46 Bn 58.28 Bn 7.66 Bn -4.04 Bn
6 Sea 77.92 Bn 69.41 Bn 3.15 Bn -1.60 Bn
7 Ebay 47.54 Bn 44.24 Bn 2.30 Bn -584.00 Mn
8 Coupang 29.76 Bn 23.65 Bn 2.49 Bn -326.00 Mn
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn -
10 Wayfair 13.67 Bn 12.52 Bn 1.05 Bn -79.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 219.97 Mn
Dec 31, 2025 219.97 Mn
Sep 30, 2025 -1.62 Bn
Sep 30, 2025 -1.62 Bn
Jun 30, 2025 -3.77 Bn
Jun 30, 2025 -3.77 Bn
Mar 31, 2025 -879.74 Mn
Mar 31, 2025 -879.74 Mn
Dec 31, 2024 -4.18 Bn
Dec 31, 2024 -4.18 Bn
Sep 30, 2024 -2.41 Bn
Sep 30, 2024 -2.41 Bn
Jun 30, 2024 -5.86 Bn
Jun 30, 2024 -5.86 Bn
Mar 31, 2024 -3.92 Bn
Mar 31, 2024 -3.92 Bn
Dec 31, 2023 -2.32 Bn
Dec 31, 2023 -2.32 Bn
Sep 30, 2023 -660.70 Mn
Sep 30, 2023 -660.70 Mn