Growth Metrics

PDD Holdings (PDD) Equity Average (2019 - 2025)

PDD Holdings recorded quarterly Equity Average of $56.6 billion in Q4 2025, up 7.37% quarter-over-quarter from $52.7 billion in Q3 2025, and up 35.96% year-over-year from $41.7 billion in Q4 2024.

PDD Holdings' Equity Average history runs 7 years deep, the most recent figure standing at $56.6 billion for Q4 2025.

  • In Q4 2025, Equity Average rose 35.96% year-over-year to $56.6 billion; the TTM figure through Dec 2025 stood at $56.6 billion (up 35.96% YoY), while the FY2025 annual figure was $51.0 billion, up 47.25% from the prior year.
  • Equity Average came in at $56.6 billion for Q4 2025 at PDD Holdings, up from $52.7 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $56.6 billion in Q4 2025 to a low of $9.3 billion in Q1 2021.
  • A 5-year average of $26.0 billion and a median of $20.2 billion in 2023 frame the typical range for Equity Average.
  • Across the five-year window, Equity Average soared 183.38% in 2021 and rose 28.19% in 2022, its largest moves.
  • PDD Holdings' Equity Average stood at $11.2 billion in 2021, then surged by 41.67% to $15.8 billion in 2022, then surged by 52.49% to $24.1 billion in 2023, then jumped by 72.77% to $41.7 billion in 2024, then soared by 35.96% to $56.6 billion in 2025.
  • According to Business Quant data, Equity Average over the past three periods registered $56.6 billion, $52.7 billion, and $48.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Historic Data

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DateValue
Dec 31, 2025 56.63 Bn
Sep 30, 2025 52.75 Bn
Jun 30, 2025 47.97 Bn
Mar 31, 2025 44.53 Bn
Dec 31, 2024 41.65 Bn
Sep 30, 2024 37.32 Bn
Jun 30, 2024 32.62 Bn
Mar 31, 2024 28.15 Bn
Dec 31, 2023 24.11 Bn
Sep 30, 2023 21.13 Bn
Jun 30, 2023 19.23 Bn
Mar 31, 2023 17.49 Bn
Dec 31, 2022 15.81 Bn
Sep 30, 2022 14.32 Bn
Jun 30, 2022 12.83 Bn
Mar 31, 2022 11.92 Bn
Dec 31, 2021 11.16 Bn
Sep 30, 2021 10.31 Bn
Jun 30, 2021 9.78 Bn
Mar 31, 2021 9.30 Bn
Dec 31, 2020 6.63 Bn
Sep 30, 2020 4.18 Bn
Jun 30, 2020 3.62 Bn
Mar 31, 2020 3.28 Bn
Dec 31, 2019 3.56 Bn
Sep 30, 2019 3.64 Bn
Jun 30, 2019 3.69 Bn
Mar 31, 2019 3.23 Bn