PDD Holdings (PDD) EBT (2017 - 2025)

PDD Holdings' (PDD) quarterly EBT came in at $4.0 billion in Q4 2025, up 13.06% year-on-year from $3.5 billion in Q4 2024, and down 35.87% quarter-over-quarter from $6.2 billion in Q3 2025.

PDD Holdings (PDD) EBT (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed EBT across 9 years of filings, most recently posting $4.0 billion for Q4 2025.

  • EBT for Q4 2025 came in at $4.0 billion, up 13.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.9 billion (up 31.07% YoY), and the FY2025 annual result was $17.1 billion, down 6.04% from the prior year.
  • EBT came in at $4.0 billion for Q4 2025 at PDD Holdings, down from $6.2 billion in the prior quarter.
  • In the past five years, EBT ranged from a high of $6.2 billion in Q3 2025 to a low of -$465.8 million in Q1 2021.
  • The 5-year median for EBT is $2.3 billion (2025), against an average of $2.7 billion.
  • Peak annual rise in EBT reached 489.03% in 2021, while the deepest fall reached 180.07% in 2021.
  • PDD Holdings' EBT stood at $1.1 billion in 2021, then gained by 16.94% to $1.3 billion in 2022, then surged by 138.48% to $3.2 billion in 2023, then climbed by 11.11% to $3.5 billion in 2024, then rose by 13.06% to $4.0 billion in 2025.
  • The last three EBT figures came in at $4.0 billion (Q4 2025), $6.2 billion (Q3 2025), and $5.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 39.83 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 579.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 191.00 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 618.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -255.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -1.39 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -104.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 188.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 131.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.96 Bn
Sep 30, 2025 6.18 Bn
Jun 30, 2025 5.04 Bn
Mar 31, 2025 2.24 Bn
Dec 31, 2024 3.51 Bn
Sep 30, 2024 5.64 Bn
Jun 30, 2024 5.84 Bn
Mar 31, 2024 4.30 Bn
Dec 31, 2023 3.16 Bn
Sep 30, 2023 3.09 Bn
Jun 30, 2023 2.35 Bn
Mar 31, 2023 1.22 Bn
Dec 31, 2022 1.32 Bn
Sep 30, 2022 1.84 Bn
Jun 30, 2022 1.53 Bn
Mar 31, 2022 467.45 Mn
Dec 31, 2021 1.13 Bn
Sep 30, 2021 711.54 Mn
Jun 30, 2021 589.57 Mn
Mar 31, 2021 -465.82 Mn