PDD Holdings (PDD) Enterprise Value (2018 - 2026)
PDD Holdings' (PDD) quarterly Enterprise Value came in at $78.3 billion in Q2 2026, down 33.94% year-over-year from $118.5 billion in Q2 2025, and down 32.9% quarter-over-quarter from $116.7 billion in Q1 2026.
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Analysis
PDD Holdings (PDD) Enterprise Value (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Enterprise Value across 9 years of filings, most recently posting $78.3 billion for Q2 2026.
- In Q2 2026, Enterprise Value fell 33.94% year-over-year to $78.3 billion; the TTM figure through Jun 2026 stood at $78.3 billion (down 33.94% YoY), while the FY2025 annual figure was $135.3 billion, up 14.89% from the prior year.
- Enterprise Value came in at $78.3 billion for Q2 2026 at PDD Holdings, down from $116.7 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $184.4 billion in Q4 2023 to a low of -$15857.1 billion in Q2 2024.
- Average Enterprise Value over 5 years is -$777.8 billion, with a median of $111.4 billion recorded in 2026.
- Year-over-year, Enterprise Value jumped 132.38% in 2023 and sank 22156.87% in 2024.
- Over 5 years, Enterprise Value stood at $94.6 billion in 2022, then soared by 94.84% to $184.4 billion in 2023, then sank by 36.3% to $117.5 billion in 2024, then advanced by 15.48% to $135.6 billion in 2025, then slumped by 42.28% to $78.3 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $78.3 billion in Q2 2026, $116.7 billion in Q1 2026, and $135.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.30 Bn |
| Mar 31, 2026 | 116.68 Bn |
| Dec 31, 2025 | 135.64 Bn |
| Sep 30, 2025 | 161.17 Bn |
| Jun 30, 2025 | 118.52 Bn |
| Mar 31, 2025 | 137.19 Bn |
| Dec 31, 2024 | 117.46 Bn |
| Sep 30, 2024 | 159.52 Bn |
| Jun 30, 2024 | -15,857.06 Bn |
| Mar 31, 2024 | 135.64 Bn |
| Dec 31, 2023 | 184.39 Bn |
| Sep 30, 2023 | 106.22 Bn |
| Jun 30, 2023 | 71.89 Bn |
| Mar 31, 2023 | 82.39 Bn |
| Dec 31, 2022 | 94.63 Bn |
| Sep 30, 2022 | 61.11 Bn |
| Jun 30, 2022 | 61.05 Bn |
| Mar 31, 2022 | 35.45 Bn |
| Dec 31, 2021 | 63.38 Bn |
| Sep 30, 2021 | 94.75 Bn |
API Access
PDD Holdings Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();