PDD Holdings (PDD) Change in Cash (2017 - 2025)

PDD Holdings' (PDD) quarterly Change in Cash came in at $2.8 billion in Q4 2025, up 3890.45% year-on-year from $69.3 million in Q4 2024, and down 41.2% quarter-over-quarter from $4.7 billion in Q3 2025.

PDD Holdings (PDD) Change in Cash (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Change in Cash across 9 years of filings, most recently posting $2.8 billion for Q4 2025.

  • Change in Cash for Q4 2025 came in at $2.8 billion, up 3890.45% year-over-year; the trailing twelve-month figure through Dec 2025 was $8.0 billion (up 1130.73% YoY), and the FY2025 annual result was $8.1 billion, up 1236.78% from the prior year.
  • Change in Cash came in at $2.8 billion for Q4 2025 at PDD Holdings, down from $4.7 billion in the prior quarter.
  • In the past five years, Change in Cash ranged from a high of $4.7 billion in Q3 2025 to a low of -$3.1 billion in Q1 2023.
  • The 5-year median for Change in Cash is $913.3 million (2021), against an average of $740.8 million.
  • Across the five-year window, Change in Cash tumbled 1444.38% in 2021 and surged 3890.45% in 2025, its largest moves.
  • PDD Holdings' Change in Cash stood at $577.6 million in 2021, then surged by 349.05% to $2.6 billion in 2022, then sank by 43.38% to $1.5 billion in 2023, then sank by 95.28% to $69.3 million in 2024, then soared by 3890.45% to $2.8 billion in 2025.
  • The last three Change in Cash figures came in at $2.8 billion (Q4 2025), $4.7 billion (Q3 2025), and -$747.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 14.59 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 1.60 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 301.00 Mn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 2.77 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 1.18 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -21.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -472.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -68.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn -374.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.77 Bn
Sep 30, 2025 4.70 Bn
Jun 30, 2025 -747.95 Mn
Mar 31, 2025 1.25 Bn
Dec 31, 2024 69.31 Mn
Sep 30, 2024 1.36 Bn
Jun 30, 2024 194.30 Mn
Mar 31, 2024 -979.87 Mn
Dec 31, 2023 1.47 Bn
Sep 30, 2023 3.83 Bn
Jun 30, 2023 1.76 Bn
Mar 31, 2023 -3.15 Bn
Dec 31, 2022 2.59 Bn
Sep 30, 2022 1.62 Bn
Jun 30, 2022 1.60 Bn
Mar 31, 2022 -2.19 Bn
Dec 31, 2021 577.63 Mn
Sep 30, 2021 -776.90 Mn
Jun 30, 2021 473.64 Mn
Mar 31, 2021 -1.61 Bn