PDD Holdings (PDD) Enterprise Value (2017 - 2025)

PDD Holdings' (PDD) quarterly Enterprise Value came in at -$24.7 billion in Q4 2025, down 40.39% year-on-year from -$41.4 billion in Q4 2024, and up 99.75% quarter-over-quarter from -$9943.2 billion in Q3 2025.

PDD Holdings (PDD) Enterprise Value (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Enterprise Value across 9 years of filings, most recently posting -$24.7 billion for Q4 2025.

  • Enterprise Value for Q4 2025 came in at -$24.7 billion, down 40.39% year-over-year; the trailing twelve-month figure through Dec 2025 was -$24.7 billion (down 40.39% YoY), and the FY2025 annual result was -$24.7 billion, down 42.66% from the prior year.
  • Enterprise Value came in at -$24.7 billion for Q4 2025 at PDD Holdings, up from -$9943.2 billion in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$10.3 billion in Q4 2021 to a low of -$7950805.7 billion in Q3 2021.
  • The 5-year median for Enterprise Value is -$7965.9 billion (2024), against an average of -$1146393.9 billion.
  • Across the five-year window, Enterprise Value sank 143841494.61% in 2021 and soared 99.91% in 2022, its largest moves.
  • PDD Holdings' Enterprise Value stood at -$10.3 billion in 2021, then retreated by 25.63% to -$13.0 billion in 2022, then sank by 30.33% to -$16.9 billion in 2023, then slipped by 3.87% to -$17.6 billion in 2024, then slumped by 40.39% to -$24.7 billion in 2025.
  • The last three Enterprise Value figures came in at -$24.7 billion (Q4 2025), -$9943.2 billion (Q3 2025), and -$9236.3 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn -143.09 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn -5.65 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -4.86 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -24.66 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -3.86 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -90.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -162,415.04
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -1.06 Bn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -690.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn -520.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -24.66 Bn
Sep 30, 2025 -9,943.21 Bn
Jun 30, 2025 -9,236.33 Bn
Mar 31, 2025 -8,978.54 Bn
Dec 31, 2024 -17.57 Bn
Sep 30, 2024 -8,623.85 Bn
Jun 30, 2024 -8,184.27 Bn
Mar 31, 2024 -8,202.95 Bn
Dec 31, 2023 -16.91 Bn
Sep 30, 2023 -7,747.51 Bn
Jun 30, 2023 -7,444.09 Bn
Mar 31, 2023 -7,411,440.29 Bn
Dec 31, 2022 -12.98 Bn
Sep 30, 2022 -6,871.84 Bn
Jun 30, 2022 -7,445.31 Bn
Mar 31, 2022 -8,223.94 Bn
Dec 31, 2021 -10.33 Bn
Sep 30, 2021 -7,950,805.68 Bn
Jun 30, 2021 -7,467,418.43 Bn
Mar 31, 2021 -7,228.86 Bn