PDD Holdings Inc. (PDD) EBITDA (2017 - 2025)

PDD Holdings (PDD) posted EBITDA of $4.0 billion for Q4 2025, up 13.36% sequentially from $3.5 billion in Q3 2025, and up 13.06% YoY from $3.5 billion in Q4 2024.

PDD Holdings Inc. (PDD) EBITDA (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of EBITDA data on file, last reported at $4.0 billion in Q4 2025.

  • Quarterly EBITDA rose 13.06% year-over-year to $4.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $13.2 billion (down 11.89% YoY) and the FY2025 annual result came in at $13.2 billion, down 18.06% from the prior year.
  • EBITDA rose to $4.0 billion in Q4 2025 per PDD's latest filing, from $3.5 billion in the prior quarter.
  • The five-year high for EBITDA was $4.5 billion in Q2 2024, with the low at -$633.0 million in Q1 2021.
  • Average EBITDA over 5 years is $2.1 billion, with a median of $2.0 billion recorded in 2025.
  • Year-over-year, EBITDA soared 359.58% in 2022 and plunged 39.08% in 2025.
  • PDD Holdings' EBITDA stood at $1.1 billion in 2021, then gained by 21.91% to $1.3 billion in 2022, then soared by 138.71% to $3.2 billion in 2023, then gained by 11.15% to $3.5 billion in 2024, then climbed by 13.06% to $4.0 billion in 2025.
  • Business Quant data shows PDD's EBITDA at $4.0 billion in Q4 2025, $3.5 billion in Q3 2025, and $3.6 billion in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 3.96 Bn
Sep 30, 2025 3.50 Bn
Jun 30, 2025 3.60 Bn
Mar 31, 2025 2.21 Bn
Dec 31, 2024 3.51 Bn
Sep 30, 2024 3.39 Bn
Jun 30, 2024 4.50 Bn
Mar 31, 2024 3.63 Bn
Dec 31, 2023 3.15 Bn
Sep 30, 2023 2.30 Bn
Jun 30, 2023 1.82 Bn
Mar 31, 2023 1.01 Bn
Dec 31, 2022 1.32 Bn
Sep 30, 2022 1.53 Bn
Jun 30, 2022 1.33 Bn
Mar 31, 2022 339.85 Mn
Dec 31, 2021 1.08 Bn
Sep 30, 2021 330.69 Mn
Jun 30, 2021 373.67 Mn
Mar 31, 2021 -632.95 Mn