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| Date | Value |
|---|---|
| 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 |