PDD Holdings (PDD) Goodwill & Intangibles (2018 - 2025)
PDD Holdings (PDD) posted Goodwill & Intangibles of $2.2 million for Q4 2025, down 99.9% sequentially from $2.3 billion in Q3 2025, and down 18.71% YoY from $2.7 million in Q4 2024.
PDD Holdings (PDD) Goodwill & Intangibles (2018 - 2025) Analysis & Trends
PDD Holdings has reported Goodwill & Intangibles for 8 years, with the latest figure at $2.2 million in Q4 2025.
- Quarterly Goodwill & Intangibles fell 18.71% year-over-year to $2.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.2 million (down 18.71% YoY) and the FY2025 annual result came in at $2.1 million, down 19.74% from the prior year.
- Goodwill & Intangibles slipped to $2.2 million in Q4 2025 per PDD's latest filing, from $2.3 billion in the prior quarter.
- Over five years, Goodwill & Intangibles peaked at $155590.0 billion in Q2 2021 and troughed at $2.2 million in Q4 2025.
- A 5-year average of $14648.8 billion and a median of $3.0 billion in 2023 frame the typical range for Goodwill & Intangibles.
- The sharpest annual moves came in 2021 and 2022: Goodwill & Intangibles soared 64609778.22% in 2021, then tumbled 99.97% in 2022.
- Over 5 years, Goodwill & Intangibles stood at $109.7 million in 2021, then sank by 82.82% to $18.8 million in 2022, then plunged by 84.41% to $2.9 million in 2023, then slipped by 9.14% to $2.7 million in 2024, then dropped by 18.71% to $2.2 million in 2025.
- According to Business Quant data, Goodwill & Intangibles over the past three periods registered $2.2 million, $2.3 billion, and $2.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,933.26 Bn | 2,810.27 Bn | 198.88 Bn |
| 2 | PDD Holdings | 507.21 Bn | 447.67 Bn | 9.83 Bn |
| 3 | Mercadolibre | 98.02 Bn | 82.82 Bn | 4.16 Bn |
| 4 | DoorDash | 93.08 Bn | 87.74 Bn | 2.35 Bn |
| 5 | JD.com | 87.30 Bn | 58.11 Bn | 7.66 Bn |
| 6 | Sea | 77.92 Bn | 69.40 Bn | 3.15 Bn |
| 7 | Ebay | 47.68 Bn | 44.37 Bn | 2.30 Bn |
| 8 | Coupang | 29.73 Bn | 23.62 Bn | 2.49 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn |
| 10 | Wayfair | 13.80 Bn | 12.66 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.17 Mn |
| Sep 30, 2025 | 2.28 Bn |
| Jun 30, 2025 | 2.42 Bn |
| Mar 31, 2025 | 2.51 Bn |
| Dec 31, 2024 | 2.67 Mn |
| Sep 30, 2024 | 2.80 Bn |
| Jun 30, 2024 | 2.90 Bn |
| Mar 31, 2024 | 3.05 Bn |
| Dec 31, 2023 | 2.94 Mn |
| Sep 30, 2023 | 3.03 Bn |
| Jun 30, 2023 | 3.23 Bn |
| Mar 31, 2023 | 3,420.89 Bn |
| Dec 31, 2022 | 18.84 Mn |
| Sep 30, 2022 | 43.55 Bn |
| Jun 30, 2022 | 65.07 Bn |
| Mar 31, 2022 | 87.83 Bn |
| Dec 31, 2021 | 109.68 Mn |
| Sep 30, 2021 | 133,565.00 Bn |
| Jun 30, 2021 | 155,590.00 Bn |
| Mar 31, 2021 | 180.42 Bn |