PDD Holdings Inc. (PDD) EBIT Margin (2017 - 2025)
PDD Holdings (PDD) posted EBIT Margin of 22.37% for Q4 2025, down 2.69% sequentially from 22.99% in Q3 2025, and down 77.0% YoY from 97.26% in Q4 2024.
PDD Holdings Inc. (PDD) EBIT Margin (2017 - 2025) Analysis & Trends
PDD Holdings (PDD) has 9 years of EBIT Margin data on file, last reported at 22.37% in Q4 2025.
- Quarterly EBIT Margin fell 77.0% year-over-year to 22.37% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 21.84% (down 564.0% YoY) and the FY2025 annual result came in at 20.98%, down 655.0% from the prior year.
- EBIT Margin fell to 22.37% in Q4 2025 per PDD's latest filing, from 22.99% in the prior quarter.
- The five-year high for EBIT Margin was 33.68% in Q2 2024, with the low at 18.71% in Q1 2021.
- Average EBIT Margin over 5 years is 20.35%, with a median of 23.54% recorded in 2024.
- Year-over-year, EBIT Margin soared 4950 bps in 2021 and slumped 1343 bps in 2025.
- PDD Holdings' EBIT Margin stood at 25.36% in 2021, then retreated by 10 bps to 22.89% in 2022, then advanced by 10 bps to 25.2% in 2023, then declined by 8 bps to 23.14% in 2024, then dropped by 3 bps to 22.37% in 2025.
- Business Quant data shows PDD's EBIT Margin at 22.37% in Q4 2025, 22.99% in Q3 2025, and 24.57% in Q2 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.37% |
| Sep 30, 2025 | 22.99% |
| Jun 30, 2025 | 24.80% |
| Mar 31, 2025 | 16.78% |
| Dec 31, 2024 | 23.14% |
| Sep 30, 2024 | 23.94% |
| Jun 30, 2024 | 33.68% |
| Mar 31, 2024 | 30.21% |
| Dec 31, 2023 | 25.20% |
| Sep 30, 2023 | 24.40% |
| Jun 30, 2023 | 25.19% |
| Mar 31, 2023 | 18.48% |
| Dec 31, 2022 | 22.89% |
| Sep 30, 2022 | 30.57% |
| Jun 30, 2022 | 28.30% |
| Mar 31, 2022 | 9.05% |
| Dec 31, 2021 | 25.36% |
| Sep 30, 2021 | 9.91% |
| Jun 30, 2021 | 10.47% |
| Mar 31, 2021 | -18.71% |