PDD Holdings Inc. (PDD) EBT Margin (2017 - 2025)

PDD Holdings (PDD) has 9 years of EBT Margin data on file, last reported at 27.51% in Q4 2025.

• Quarterly EBT Margin fell 36.0% year-over-year to 27.51% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 27.74% (down 494.0% YoY) and the FY2025 annual result came in at 27.66%, down 603.0% from the prior year.
• EBT Margin fell to 27.51% in Q4 2025 per PDD's latest filing, from 30.86% in the prior quarter.
• The five-year high for EBT Margin was 38.7% in Q2 2024, with the low at 13.77% in Q1 2021.
• Average EBT Margin over 5 years is 24.74%, with a median of 28.04% recorded in 2021.
• Year-over-year, EBT Margin sank 7674 bps in 2021 and soared 2721 bps in 2022.
• PDD Holdings' EBT Margin stood at 28.21% in 2021, then retreated by 7 bps to 26.31% in 2022, then increased by 14 bps to 30.11% in 2023, then fell by 7 bps to 27.87% in 2024, then decreased by 1 bps to 27.51% in 2025.
• Business Quant data shows PDD's EBT Margin at 27.51% in Q4 2025, 30.86% in Q3 2025, and 34.49% in Q2 2025.