PDD Holdings PDD
NASDAQ PDD
$83.21 -0.79 (-0.94%)
As of: Sep 1, 2026 · 2:29 PM EDT

PDD Holdings (PDD) Enterprise Value (2016 - 2026)

PDD Holdings (PDD) posted Enterprise Value of -$59.5 billion for Q4 2025, up 99.4% sequentially from -$9943.2 billion in Q3 2025, and down 29.0% YoY from -$83.9 billion in Q4 2024.

Analysis

PDD Holdings (PDD) Enterprise Value (2016 - 2026) Analysis & Trends

PDD Holdings has reported Enterprise Value for 9 years, with the latest figure at -$59.5 billion in Q4 2025.

  • Quarterly Enterprise Value fell 29.0% year-over-year to -$59.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$59.5 billion (down 29.0% YoY) and the FY2025 annual result came in at -$58.8 billion, down 27.35% from the prior year.
  • Enterprise Value improved to -$59.5 billion in Q4 2025 per PDD's latest filing, from -$9943.2 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at -$10.3 billion in Q4 2021 and troughed at -$7950805.7 billion in Q3 2021.
  • A 5-year average of -$1147940.2 billion and a median of -$8193.7 billion in 2024 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2021 and 2022: Enterprise Value slumped 76519515.9% in 2021, then surged 99.91% in 2022.
  • Over 5 years, Enterprise Value stood at -$10.3 billion in 2021, then slipped by 25.63% to -$13.0 billion in 2022, then sank by 30.33% to -$16.9 billion in 2023, then plunged by 172.91% to -$46.2 billion in 2024, then declined by 29.0% to -$59.5 billion in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$59.5 billion, -$9943.2 billion, and -$9326.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Amazon Com 2,746.20 Bn 2,623.21 Bn 198.88 Bn -122.99 Bn
2 PDD Holdings 116.28 Bn -48,010.13 Bn 9.45 Bn -48,126.41 Bn
3 DoorDash 98.95 Bn 93.61 Bn 2.35 Bn -5.34 Bn
4 Mercadolibre 98.90 Bn 83.71 Bn 4.16 Bn -15.20 Bn
5 Sea 67.51 Bn 59.11 Bn 3.55 Bn -8.40 Bn
6 Ebay 46.90 Bn 43.59 Bn 2.30 Bn -3.31 Bn
7 JD.com 39.64 Bn 7.09 Bn 16.50 Bn -23.26 Bn
8 Coupang 28.35 Bn 22.24 Bn 2.49 Bn -6.11 Bn
9 Wayfair 12.44 Bn 11.30 Bn 1.05 Bn -1.14 Bn
10 Maplebear 11.73 Bn 10.88 Bn 751.00 Mn -850.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -48,126.41 Bn
Mar 31, 2026 -45,221.13 Bn
Dec 31, 2025 -44,203.56 Bn
Sep 30, 2025 -46,322.93 Bn
Jun 30, 2025 -44,799.21 Bn
Mar 31, 2025 -40,514.57 Bn
Dec 31, 2024 -46.16 Bn
Sep 30, 2024 -33,946.49 Bn
Jun 30, 2024 -31,534.76 Bn
Mar 31, 2024 -26,102.92 Bn
Dec 31, 2023 -16.91 Bn
Sep 30, 2023 -20,463.35 Bn
Jun 30, 2023 -21,161.10 Bn
Mar 31, 2023 -20,064,243.38 Bn
Dec 31, 2022 -12.98 Bn
Sep 30, 2022 -16,415.78 Bn
Jun 30, 2022 -15,882.93 Bn
Mar 31, 2022 -15,003.03 Bn
Dec 31, 2021 -10.33 Bn
Sep 30, 2021 -13,415,293.98 Bn