PDD Holdings (PDD) Exchange Rate Effect (2017 - 2026)
PDD Holdings' (PDD) quarterly Exchange Rate Effect came in at $182.4 million in Q2 2026, up 5870.55% year-over-year from $3.1 million in Q2 2025, and up 162.9% quarter-over-quarter from -$290.0 million in Q1 2026.
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Analysis
PDD Holdings (PDD) Exchange Rate Effect (2017 - 2026) Analysis & Trends
PDD Holdings has disclosed Exchange Rate Effect across 10 years of filings, most recently posting $182.4 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect rose 5870.55% year-over-year to $182.4 million; the TTM figure through Jun 2026 stood at -$349.6 million (down 805.85% YoY), while the FY2025 annual figure was $783.1 million, up 119.35% from the prior year.
- Exchange Rate Effect came in at $182.4 million for Q2 2026 at PDD Holdings, up from -$290.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $206.0 million in Q4 2024 to a low of -$290.0 million in Q1 2026.
- Average Exchange Rate Effect over 5 years is -$15.5 million, with a median of -$3.0 million recorded in 2022.
- Year-over-year, Exchange Rate Effect slumped 3263.38% in 2023 and surged 5870.55% in 2026.
- Over 5 years, Exchange Rate Effect stood at -$15.9 million in 2022, then plunged by 810.44% to -$144.4 million in 2023, then jumped by 242.69% to $206.0 million in 2024, then tumbled by 175.48% to -$155.5 million in 2025, then surged by 217.3% to $182.4 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were $182.4 million in Q2 2026, -$290.0 million in Q1 2026, and -$155.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -224.00 Mn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | -111.00 Mn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 182.40 Mn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | -28.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 21.00 Mn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | -11.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | -8.00 Mn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | -2.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -4.96 Mn |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | -3.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 182.40 Mn |
| Mar 31, 2026 | -290.00 Mn |
| Dec 31, 2025 | -155.49 Mn |
| Sep 30, 2025 | -86.54 Mn |
| Jun 30, 2025 | 3.06 Mn |
| Mar 31, 2025 | -9.58 Mn |
| Dec 31, 2024 | 206.01 Mn |
| Sep 30, 2024 | -149.96 Mn |
| Jun 30, 2024 | 33.13 Mn |
| Mar 31, 2024 | 20.49 Mn |
| Dec 31, 2023 | -144.38 Mn |
| Sep 30, 2023 | 27.56 Mn |
| Jun 30, 2023 | 121.51 Mn |
| Mar 31, 2023 | -50.71 Mn |
| Dec 31, 2022 | -15.86 Mn |
| Sep 30, 2022 | 35.18 Mn |
| Jun 30, 2022 | -7.59 Mn |
| Mar 31, 2022 | 1.60 Mn |
| Dec 31, 2021 | -4.15 Mn |
| Sep 30, 2021 | 3.44 Mn |
API Access
PDD Holdings Exchange Rate Effect 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=exchange-rate-effect&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();