PDD Holdings (PDD) EBIT (2017 - 2025)
PDD Holdings' (PDD) quarterly EBIT came in at $4.0 billion in Q4 2025, up 13.06% year-on-year from $3.5 billion in Q4 2024, and up 13.36% quarter-over-quarter from $3.5 billion in Q3 2025.
PDD Holdings (PDD) EBIT (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed EBIT across 9 years of filings, most recently posting $4.0 billion for Q4 2025.
- EBIT for Q4 2025 came in at $4.0 billion, up 13.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $13.2 billion (down 12.01% YoY), and the FY2025 annual result was $13.1 billion, down 11.63% from the prior year.
- EBIT came in at $4.0 billion for Q4 2025 at PDD Holdings, up from $3.5 billion in the prior quarter.
- In the past five years, EBIT ranged from a high of $4.5 billion in Q2 2024 to a low of -$633.0 million in Q1 2021.
- The 5-year median for EBIT is $2.0 billion (2025), against an average of $2.1 billion.
- Across the five-year window, EBIT sank 201.92% in 2021 and soared 341.9% in 2022, its largest moves.
- PDD Holdings' EBIT stood at $1.1 billion in 2021, then grew by 21.91% to $1.3 billion in 2022, then soared by 138.71% to $3.2 billion in 2023, then grew by 11.15% to $3.5 billion in 2024, then rose by 13.06% to $4.0 billion in 2025.
- The last three EBIT figures came in at $4.0 billion (Q4 2025), $3.5 billion (Q3 2025), and $3.6 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 23.85 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 611.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 151.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 3.96 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 611.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -242.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -3.25 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -11.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 182.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 128.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.96 Bn |
| Sep 30, 2025 | 3.50 Bn |
| Jun 30, 2025 | 3.57 Bn |
| Mar 31, 2025 | 2.21 Bn |
| Dec 31, 2024 | 3.51 Bn |
| Sep 30, 2024 | 3.46 Bn |
| Jun 30, 2024 | 4.48 Bn |
| Mar 31, 2024 | 3.60 Bn |
| Dec 31, 2023 | 3.15 Bn |
| Sep 30, 2023 | 2.28 Bn |
| Jun 30, 2023 | 1.82 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.47 Bn |
| Jun 30, 2022 | 1.30 Bn |
| Mar 31, 2022 | 339.85 Mn |
| Dec 31, 2021 | 1.08 Bn |
| Sep 30, 2021 | 332.01 Mn |
| Jun 30, 2021 | 309.37 Mn |
| Mar 31, 2021 | -632.95 Mn |