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PDD Holdings (PDD) Cost of Revenue: 2017-2025

Historic Cost of Revenue for Holdings (PDD) over the last 9 years, with Q3 2025 value amounting to $6.6 billion.

  • Holdings' Cost of Revenue rose 1875.2% to $6.6 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $25.0 billion, marking a year-over-year increase of 2706.05%. This contributed to the annual value of $21.1 billion for FY2024, which is 6244.78% up from last year.
  • Holdings' Cost of Revenue amounted to $6.6 billion in Q3 2025, which was up 1875.2% from $6.4 billion recorded in Q2 2025.
  • Over the past 5 years, Holdings' Cost of Revenue peaked at $6.6 billion during Q3 2025, and registered a low of $1.0 billion during Q3 2021.
  • In the last 5 years, Holdings' Cost of Revenue had a median value of $2.7 billion in 2023 and averaged $3.3 billion.
  • Within the past 5 years, the most significant YoY rise in Holdings' Cost of Revenue was 53214.0% (2021), while the steepest drop was 4140.53% (2021).
  • Holdings' Cost of Revenue (Quarter) stood at $1.0 billion in 2021, then rose by 23.16% to $1.3 billion in 2022, then surged by 288.16% to $4.9 billion in 2023, then surged by 34.41% to $6.5 billion in 2024, then rose by 0.48% to $6.6 billion in 2025.
  • Its last three reported values are $6.6 billion in Q3 2025, $6.4 billion for Q2 2025, and $5.6 billion during Q1 2025.