PDD Holdings (PDD) Cash from Operations (2017 - 2025)
PDD Holdings' (PDD) quarterly Cash from Operations came in at 3449049000.0 in Q4 2025, down 14.8% year-on-year from 4047944000.0 in Q4 2024, and down 46.23% quarter-over-quarter from 6413899000.0 in Q3 2025.
PDD Holdings (PDD) Cash from Operations (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Cash from Operations across 9 years of filings, most recently posting 3449049000.0 for Q4 2025.
- Cash from Operations for Q4 2025 came in at 3449049000.0, down 14.8% year-over-year; the trailing twelve-month figure through Dec 2025 was 15022299000.0 (down 11.18% YoY), and the FY2025 annual result was 15292029000.0, down 8.45% from the prior year.
- Cash from Operations came in at 3449049000.0 for Q4 2025 at PDD Holdings, down from 6413899000.0 in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of 6413899000.0 in Q3 2025 to a low of 1430457000.0 in Q1 2022.
- The 5-year median for Cash from Operations is 2969415000.0 (2024), against an average of 2823242350.0.
- Across the five-year window, Cash from Operations plunged 809.83% in 2021 and surged 1397.59% in 2024, its largest moves.
- PDD Holdings' Cash from Operations stood at 2573483000.0 in 2021, then surged by 49.58% to 3849426000.0 in 2022, then surged by 34.98% to 5195942000.0 in 2023, then fell by 22.09% to 4047944000.0 in 2024, then dropped by 14.8% to 3449049000.0 in 2025.
- The last three Cash from Operations figures came in at 3449049000.0 (Q4 2025), 6413899000.0 (Q3 2025), and 3021059000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 26.03 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 2.08 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 594.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 3.45 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 970.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 184.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | - |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -52.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 268.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 108.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.45 Bn |
| Dec 31, 2025 | 3.45 Bn |
| Sep 30, 2025 | 6.41 Bn |
| Sep 30, 2025 | 6.41 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 2.14 Bn |
| Mar 31, 2025 | 2.14 Bn |
| Dec 31, 2024 | 4.05 Bn |
| Dec 31, 2024 | 4.05 Bn |
| Sep 30, 2024 | 3.92 Bn |
| Sep 30, 2024 | 3.92 Bn |
| Jun 30, 2024 | 6.03 Bn |
| Jun 30, 2024 | 6.03 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Dec 31, 2023 | 5.20 Bn |
| Dec 31, 2023 | 5.20 Bn |
| Sep 30, 2023 | 4.46 Bn |
| Sep 30, 2023 | 4.46 Bn |