PDD Holdings (PDD) EBT (2017 - 2025)
PDD Holdings (PDD) posted EBT of $4.1 billion for Q4 2025, down 13.02% sequentially from $4.7 billion in Q3 2025, and down 3.33% YoY from $4.2 billion in Q4 2024.
PDD Holdings (PDD) EBT (2017 - 2025) Analysis & Trends
PDD Holdings has reported EBT for 9 years, with the latest figure at $4.1 billion in Q4 2025.
- Quarterly EBT fell 3.33% year-over-year to $4.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $16.1 billion (down 9.76% YoY) and the FY2025 annual result came in at $17.1 billion, down 6.04% from the prior year.
- EBT declined to $4.1 billion in Q4 2025 per PDD's latest filing, from $4.7 billion in the prior quarter.
- Over five years, EBT peaked at $5.1 billion in Q2 2024 and troughed at -$465.8 million in Q1 2021.
- A 5-year average of $2.5 billion and a median of $2.2 billion in 2023 frame the typical range for EBT.
- The widest YoY moves for EBT: up 452.2% in 2021, down 180.07% in 2021.
- Over 5 years, EBT stood at $1.2 billion in 2021, then climbed by 19.68% to $1.4 billion in 2022, then jumped by 152.92% to $3.6 billion in 2023, then advanced by 15.74% to $4.2 billion in 2024, then fell by 3.33% to $4.1 billion in 2025.
- According to Business Quant data, EBT over the past three periods registered $4.1 billion, $4.7 billion, and $5.1 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.95 Bn | 2,819.97 Bn | 198.88 Bn | 120.69 Bn |
| 2 | PDD Holdings | 508.05 Bn | 448.51 Bn | 9.83 Bn | 4.52 Bn |
| 3 | Mercadolibre | 97.02 Bn | 81.83 Bn | 4.16 Bn | 606.00 Mn |
| 4 | DoorDash | 93.69 Bn | 88.35 Bn | 2.35 Bn | 207.00 Mn |
| 5 | JD.com | 87.61 Bn | 58.43 Bn | 7.66 Bn | 1.03 Bn |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | 654.78 Mn |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | 665.00 Mn |
| 8 | Coupang | 29.69 Bn | 23.58 Bn | 2.49 Bn | -533.00 Mn |
| 9 | Zkh | 15.94 Bn | 15.94 Bn | 51.11 Mn | -1.39 Mn |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.08 Bn |
| Sep 30, 2025 | 4.69 Bn |
| Jun 30, 2025 | 5.06 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 4.22 Bn |
| Sep 30, 2024 | 4.15 Bn |
| Jun 30, 2024 | 5.15 Bn |
| Mar 31, 2024 | 4.30 Bn |
| Dec 31, 2023 | 3.65 Bn |
| Sep 30, 2023 | 2.60 Bn |
| Jun 30, 2023 | 2.14 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 1.44 Bn |
| Sep 30, 2022 | 1.69 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Mar 31, 2022 | 504.45 Mn |
| Dec 31, 2021 | 1.21 Bn |
| Sep 30, 2021 | 373.98 Mn |
| Jun 30, 2021 | 374.18 Mn |
| Mar 31, 2021 | -465.82 Mn |