PDD Holdings (PDD) Common Equity (2017 - 2026)
PDD Holdings (PDD) reported Common Equity of $66 billion for the quarter ended Jun 30, 2026, up 30.6% from $50.51 billion a year earlier and up 7.5% from the prior quarter.
PDD Holdings (PDD) Common Equity (2017 - 2026) Analysis & Trends
As of Dec 31, 2025, PDD Holdings posted Common Equity of $59.11 billion, up 37.7% from the prior year.
- Common Equity has increased for seven consecutive years, with a five-year compound annual growth rate of 45.0% (years ended Dec 2020 to Dec 2025).
- By year, Common Equity came in at $42.92 billion in the year ended Dec 31, 2024 (+62.8%), $26.37 billion in the year ended Dec 31, 2023 (+54.4%), $17.08 billion in the year ended Dec 31, 2022 (+44.9%) and $11.79 billion in the year ended Dec 31, 2021 (+27.8%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Common Equity in data going back to the quarter ended Dec 31, 2017.
- Year over year, Common Equity has now increased in each of the last 21 quarters, with growth averaging 47.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Common Equity ran from 27.0% in the quarter ended Mar 31, 2022 to 152.7% in the quarter ended Sep 30, 2021.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $61.38 billion (quarter ended Mar 31, 2026), $58.28 billion (quarter ended Dec 31, 2025) and $54.98 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 677.55 Bn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | 272.39 Bn |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 29.29 Bn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | 163.05 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 12.68 Bn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 28.22 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 9.91 Bn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | -10.78 Bn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 66.00 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 7.80 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.00 Bn |
| Mar 31, 2026 | 61.38 Bn |
| Dec 31, 2025 | 59.09 Bn |
| Sep 30, 2025 | 54.98 Bn |
| Jun 30, 2025 | 50.51 Bn |
| Mar 31, 2025 | 45.43 Bn |
| Dec 31, 2024 | 42.93 Bn |
| Sep 30, 2024 | 39.69 Bn |
| Jun 30, 2024 | 34.95 Bn |
| Mar 31, 2024 | 30.29 Bn |
| Dec 31, 2023 | 26.35 Bn |
| Sep 30, 2023 | 22.21 Bn |
| Jun 30, 2023 | 20.04 Bn |
| Mar 31, 2023 | 18.42 Bn |
| Dec 31, 2022 | 16.91 Bn |
| Sep 30, 2022 | 15.06 Bn |
| Jun 30, 2022 | 13.57 Bn |
| Mar 31, 2022 | 12.09 Bn |
| Dec 31, 2021 | 11.79 Bn |
| Sep 30, 2021 | 10.57 Bn |
PDD Holdings Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=PDD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();