PDD Holdings (PDD) Consolidated Net Income (2017 - 2025)
PDD Holdings (PDD) posted Consolidated Net Income of $5.3 billion for Q4 2025, up 0.76% sequentially from $5.3 billion in Q3 2025, and up 7.53% YoY from $4.9 billion in Q4 2024.
PDD Holdings (PDD) Consolidated Net Income (2017 - 2025) Analysis & Trends
PDD Holdings has reported Consolidated Net Income for 9 years, with the latest figure at $5.3 billion in Q4 2025.
- Quarterly Consolidated Net Income rose 7.53% year-over-year to $5.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $19.1 billion (down 7.2% YoY) and the FY2025 annual result came in at $12.5 billion, down 20.35% from the prior year.
- Consolidated Net Income climbed to $5.3 billion in Q4 2025 per PDD's latest filing, from $5.3 billion in the prior quarter.
- Over five years, Consolidated Net Income peaked at $6.0 billion in Q2 2024 and troughed at -$470.8 million in Q1 2021.
- A 5-year average of $2.9 billion and a median of $2.7 billion in 2025 frame the typical range for Consolidated Net Income.
- The sharpest annual moves came in 2021 and 2025: Consolidated Net Income jumped 394.71% in 2021, then plunged 42.78% in 2025.
- Over 5 years, Consolidated Net Income stood at $1.4 billion in 2021, then gained by 16.18% to $1.6 billion in 2022, then surged by 160.02% to $4.2 billion in 2023, then advanced by 18.46% to $4.9 billion in 2024, then climbed by 7.53% to $5.3 billion in 2025.
- According to Business Quant data, Consolidated Net Income over the past three periods registered $5.3 billion, $5.3 billion, and $5.7 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,966.86 Bn | 2,843.87 Bn | 198.88 Bn | 92.89 Bn |
| 2 | PDD Holdings | 507.49 Bn | 447.95 Bn | 9.83 Bn | 5.72 Bn |
| 3 | Mercadolibre | 95.76 Bn | 80.56 Bn | 4.16 Bn | 466.00 Mn |
| 4 | DoorDash | 91.54 Bn | 86.19 Bn | 2.35 Bn | 199.00 Mn |
| 5 | JD.com | 87.38 Bn | 58.20 Bn | 7.66 Bn | 1.21 Bn |
| 6 | Sea | 75.71 Bn | 67.19 Bn | 3.15 Bn | 868.77 Mn |
| 7 | Ebay | 47.33 Bn | 44.02 Bn | 2.30 Bn | -2.00 Mn |
| 8 | Coupang | 29.45 Bn | 23.34 Bn | 2.49 Bn | -570.00 Mn |
| 9 | Zkh | 15.91 Bn | 15.91 Bn | 51.11 Mn | -1.31 Mn |
| 10 | Wayfair | 13.95 Bn | 12.80 Bn | 1.05 Bn | -1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.29 Bn |
| Sep 30, 2025 | 5.25 Bn |
| Jun 30, 2025 | 5.73 Bn |
| Mar 31, 2025 | 2.86 Bn |
| Dec 31, 2024 | 4.92 Bn |
| Sep 30, 2024 | 4.73 Bn |
| Jun 30, 2024 | 5.96 Bn |
| Mar 31, 2024 | 5.00 Bn |
| Dec 31, 2023 | 4.15 Bn |
| Sep 30, 2023 | 3.08 Bn |
| Jun 30, 2023 | 2.59 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.60 Bn |
| Sep 30, 2022 | 1.91 Bn |
| Jun 30, 2022 | 1.80 Bn |
| Mar 31, 2022 | 593.55 Mn |
| Dec 31, 2021 | 1.37 Bn |
| Sep 30, 2021 | 506.64 Mn |
| Jun 30, 2021 | 374.18 Mn |
| Mar 31, 2021 | -470.82 Mn |