PDD Holdings (PDD) EBITDA (2017 - 2026)

PDD Holdings has reported EBITDA for 9 years, with the latest figure 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 $13.3 billion (down 11.35% YoY) and the FY2025 annual result came in at $13.0 billion, down 14.14% 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.
• Over five years, EBITDA peaked at $1597.2 billion in Q4 2021 and troughed at -$639.8 million in Q1 2021.
• A 5-year average of $81.9 billion and a median of $2.3 billion in 2023 frame the typical range for EBITDA.
• The sharpest annual moves came in 2021 and 2022: EBITDA jumped 508843.77% in 2021, then plunged 99.92% in 2022.
• Over 5 years, EBITDA stood at $1597.2 billion in 2021, then slumped by 99.92% to $1.3 billion in 2022, then surged by 138.71% to $3.2 billion in 2023, then rose by 11.15% to $3.5 billion in 2024, then advanced by 13.06% to $4.0 billion in 2025.
• According to Business Quant data, EBITDA over the past three periods registered $4.0 billion, $3.5 billion, and $3.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.