PDD Holdings (PDD) Common Equity (2017 - 2025)
PDD Holdings (PDD) posted Common Equity of $58.3 billion for Q4 2025, up 6.01% sequentially from $55.0 billion in Q3 2025, and up 33.62% YoY from $43.6 billion in Q4 2024.
PDD Holdings (PDD) Common Equity (2017 - 2025) Analysis & Trends
PDD Holdings has reported Common Equity for 9 years, with the latest figure at $58.3 billion in Q4 2025.
- Quarterly Common Equity rose 33.62% year-over-year to $58.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $58.3 billion (up 33.62% YoY) and the FY2025 annual result came in at $59.1 billion, up 37.72% from the prior year.
- Common Equity climbed to $58.3 billion in Q4 2025 per PDD's latest filing, from $55.0 billion in the prior quarter.
- Over five years, Common Equity peaked at $58.3 billion in Q4 2025 and troughed at $9.5 billion in Q1 2021.
- A 5-year average of $27.2 billion and a median of $21.1 billion in 2023 frame the typical range for Common Equity.
- The sharpest annual moves came in 2021 and 2022: Common Equity soared 210.43% in 2021, then increased 27.04% in 2022.
- Over 5 years, Common Equity stood at $11.7 billion in 2021, then jumped by 40.94% to $16.6 billion in 2022, then soared by 57.05% to $26.0 billion in 2023, then surged by 67.73% to $43.6 billion in 2024, then surged by 33.62% to $58.3 billion in 2025.
- According to Business Quant data, Common Equity over the past three periods registered $58.3 billion, $55.0 billion, and $50.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 551.62 Bn |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | 58.28 Bn |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 7.83 Bn |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 9.92 Bn |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | 40.53 Bn |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 4.67 Bn |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | 2.99 Bn |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | 421.24 Mn |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | -2.79 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 58.28 Bn |
| Sep 30, 2025 | 54.98 Bn |
| Jun 30, 2025 | 50.51 Bn |
| Mar 31, 2025 | 45.43 Bn |
| Dec 31, 2024 | 43.62 Bn |
| Sep 30, 2024 | 39.69 Bn |
| Jun 30, 2024 | 34.95 Bn |
| Mar 31, 2024 | 30.29 Bn |
| Dec 31, 2023 | 26.01 Bn |
| Sep 30, 2023 | 22.21 Bn |
| Jun 30, 2023 | 20.04 Bn |
| Mar 31, 2023 | 18.42 Bn |
| Dec 31, 2022 | 16.56 Bn |
| Sep 30, 2022 | 15.06 Bn |
| Jun 30, 2022 | 13.57 Bn |
| Mar 31, 2022 | 12.09 Bn |
| Dec 31, 2021 | 11.75 Bn |
| Sep 30, 2021 | 10.57 Bn |
| Jun 30, 2021 | 10.05 Bn |
| Mar 31, 2021 | 9.52 Bn |