PDD Holdings (PDD) EBIAT (2017 - 2025)

PDD Holdings' EBIAT history runs 9 years deep, the most recent figure standing at $3.5 billion for Q4 2025.

• In Q4 2025, EBIAT fell 6.67% year-over-year to $3.5 billion; the TTM figure through Dec 2025 stood at $13.9 billion (down 10.85% YoY), while the FY2025 annual figure was $13.8 billion, down 10.44% from the prior year.
• EBIAT came in at $3.5 billion for Q4 2025 at PDD Holdings, down from $4.1 billion in the prior quarter.
• In the past five years, EBIAT ranged from a high of $4.4 billion in Q2 2024 to a low of -$443.5 million in Q1 2021.
• A 5-year average of $2.2 billion and a median of $1.9 billion in 2023 frame the typical range for EBIAT.
• Across the five-year window, EBIAT slumped 176.23% in 2021 and surged 484.84% in 2022, its largest moves.
• PDD Holdings' EBIAT stood at $1.0 billion in 2021, then jumped by 31.95% to $1.4 billion in 2022, then soared by 139.23% to $3.3 billion in 2023, then rose by 14.68% to $3.8 billion in 2024, then decreased by 6.67% to $3.5 billion in 2025.
• According to Business Quant data, EBIAT over the past three periods registered $3.5 billion, $4.1 billion, and $4.3 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

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