PDD Holdings (PDD) Current Leases (2018 - 2025)
PDD Holdings (PDD) posted Current Leases of $352.3 million for Q4 2025, down 17.49% sequentially from $427.0 million in Q3 2025, and up 20.16% YoY from $293.2 million in Q4 2024.
PDD Holdings (PDD) Current Leases (2018 - 2025) Analysis & Trends
PDD Holdings has reported Current Leases for 8 years, with the latest figure at $352.3 million in Q4 2025.
- Quarterly Current Leases rose 20.16% year-over-year to $352.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $352.3 million (up 20.16% YoY) and the FY2025 annual result came in at $357.3 million, up 23.84% from the prior year.
- Current Leases retreated to $352.3 million in Q4 2025 per PDD's latest filing, from $427.0 million in the prior quarter.
- Over five years, Current Leases peaked at $499.6 million in Q1 2025 and troughed at $63.8 million in Q1 2021.
- A 5-year average of $231.5 million and a median of $200.1 million in 2023 frame the typical range for Current Leases.
- The sharpest annual moves came in 2023 and 2025: Current Leases surged 211.53% in 2023, then declined 1.63% in 2025.
- Over 5 years, Current Leases stood at $66.8 million in 2021, then climbed by 26.7% to $84.6 million in 2022, then surged by 169.34% to $228.0 million in 2023, then gained by 28.6% to $293.2 million in 2024, then gained by 20.16% to $352.3 million in 2025.
- According to Business Quant data, Current Leases over the past three periods registered $352.3 million, $427.0 million, and $455.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.81 Bn | 2,801.82 Bn | 198.88 Bn | - |
| 2 | PDD Holdings | 507.43 Bn | 447.89 Bn | 9.83 Bn | 352.29 Mn |
| 3 | Mercadolibre | 97.63 Bn | 82.44 Bn | 4.16 Bn | 513.00 Mn |
| 4 | DoorDash | 92.84 Bn | 87.49 Bn | 2.35 Bn | 104.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 3.49 Bn |
| 6 | Sea | 78.11 Bn | 69.60 Bn | 3.15 Bn | 1.23 Bn |
| 7 | Ebay | 47.53 Bn | 44.23 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.77 Bn | 23.66 Bn | 2.49 Bn | 560.00 Mn |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | 6,826.00 |
| 10 | Wayfair | 13.71 Bn | 12.57 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 352.29 Mn |
| Sep 30, 2025 | 426.97 Mn |
| Jun 30, 2025 | 455.08 Mn |
| Mar 31, 2025 | 499.62 Mn |
| Dec 31, 2024 | 293.19 Mn |
| Sep 30, 2024 | 434.03 Mn |
| Jun 30, 2024 | 362.57 Mn |
| Mar 31, 2024 | 337.61 Mn |
| Dec 31, 2023 | 227.99 Mn |
| Sep 30, 2023 | 328.57 Mn |
| Jun 30, 2023 | 172.12 Mn |
| Mar 31, 2023 | 142.47 Mn |
| Dec 31, 2022 | 84.65 Mn |
| Sep 30, 2022 | 105.47 Mn |
| Jun 30, 2022 | 71.31 Mn |
| Mar 31, 2022 | 71.56 Mn |
| Dec 31, 2021 | 66.81 Mn |
| Sep 30, 2021 | 67.95 Mn |
| Jun 30, 2021 | 65.61 Mn |
| Mar 31, 2021 | 63.85 Mn |