PDD Holdings (PDD) Common Equity (2017 - 2025)

PDD Holdings' (PDD) quarterly Common Equity came in at $58.3 billion in Q4 2025, up 33.62% year-on-year from $43.6 billion in Q4 2024, and up 33.62% quarter-over-quarter from $43.6 billion in Q4 2024.

PDD Holdings (PDD) Common Equity (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Common Equity across 9 years of filings, most recently posting $58.3 billion for Q4 2025.

  • Common Equity for Q4 2025 came in at $58.3 billion, up 33.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $58.3 billion (up 33.62% YoY), and the FY2025 annual result was $59.1 billion, up 37.72% from the prior year.
  • Common Equity came in at $58.3 billion for Q4 2025 at PDD Holdings, up from $43.6 billion in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $58.3 billion in Q4 2025 to a low of $11.7 billion in Q4 2021.
  • The 5-year median for Common Equity is $26.0 billion (2023), against an average of $31.2 billion.
  • Across the five-year window, Common Equity increased 29.39% in 2021 and soared 67.73% in 2024, its largest moves.
  • PDD Holdings' Common Equity stood at $11.7 billion in 2021, then surged by 40.94% to $16.6 billion in 2022, then jumped by 57.05% to $26.0 billion in 2023, then soared by 67.73% to $43.6 billion in 2024, then soared by 33.62% to $58.3 billion in 2025.
  • The last three Common Equity figures came in at $58.3 billion (Q4 2025), $43.6 billion (Q4 2024), and $26.0 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 441.91 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 7.28 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 10.20 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 58.28 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 4.41 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 3.93 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 421.24 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -2.84 Bn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 2.40 Bn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 424.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 58.28 Bn
Dec 31, 2024 43.62 Bn
Dec 31, 2023 26.01 Bn
Dec 31, 2022 16.56 Bn
Dec 31, 2021 11.75 Bn
Dec 31, 2020 9.08 Bn
Sep 30, 2020 4.18 Bn
Dec 31, 2019 3.50 Bn
Dec 31, 2018 2.72 Bn
Dec 31, 2017 -149.93 Mn