PDD Holdings (PDD) EBITDA (2017 - 2026)
PDD Holdings' (PDD) quarterly EBITDA came in at $4.1 billion in Q2 2026, up 14.34% year-over-year from $3.6 billion in Q2 2025, and up 44.35% quarter-over-quarter from $2.8 billion in Q1 2026.
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Analysis
PDD Holdings (PDD) EBITDA (2017 - 2026) Analysis & Trends
PDD Holdings has disclosed EBITDA across 10 years of filings, most recently posting $4.1 billion for Q2 2026.
- In Q2 2026, EBITDA rose 14.34% year-over-year to $4.1 billion; the TTM figure through Jun 2026 stood at $14.4 billion (up 13.32% YoY), while the FY2025 annual figure was $13.3 billion, down 10.37% from the prior year.
- EBITDA came in at $4.1 billion for Q2 2026 at PDD Holdings, up from $2.8 billion in the prior quarter.
- In the past five years, EBITDA ranged from a high of $4.5 billion in Q2 2024 to a low of $339.4 million in Q1 2022.
- Average EBITDA over 5 years is $2.7 billion, with a median of $3.0 billion recorded in 2023.
- Year-over-year, EBITDA surged 361.41% in 2022 and slumped 39.08% in 2025.
- Over 5 years, EBITDA stood at $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, then increased by 2.87% to $4.1 billion in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $4.1 billion in Q2 2026, $2.8 billion in Q1 2026, and $4.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 5.77 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 2.50 Bn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 4.08 Bn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 758.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 683.00 Mn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 676.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 1.02 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 143.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | 218.24 Mn |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 125.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.08 Bn |
| Mar 31, 2026 | 2.82 Bn |
| 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 | 3.39 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 | 1.32 Bn |
| Mar 31, 2022 | 339.45 Mn |
| Dec 31, 2021 | 1.08 Bn |
| Sep 30, 2021 | 330.69 Mn |
API Access
PDD Holdings EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();