PDD Holdings (PDD) Goodwill & Intangibles (2018 - 2026)
PDD Holdings' Goodwill & Intangibles was $2.06 million in the quarter ended Jun 30, 2026, down 14.0% from $2.39 million a year earlier and down 5.1% from the prior quarter.
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Analysis
PDD Holdings (PDD) Goodwill & Intangibles (2018 - 2026) Analysis & Trends
As of Dec 31, 2025, Goodwill & Intangibles at PDD Holdings came in at $2.2 million, down 17.5% from the prior year.
- Goodwill & Intangibles has now declined for seven consecutive years, with a five-year compound annual growth rate of -59.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Goodwill & Intangibles was $2.67 million in the year ended Dec 31, 2024 (-10.8%), $2.99 million in the year ended Dec 31, 2023 (-85.0%), $19.96 million in the year ended Dec 31, 2022 (-81.6%) and $108.71 million in the year ended Dec 31, 2021 (-44.4%).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Goodwill & Intangibles in data going back to the quarter ended Jun 30, 2018.
- Compared with a year earlier, Goodwill & Intangibles has declined for eight straight quarters, with an average decline of 25.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Goodwill & Intangibles ran from 7.4% in the quarter ended Sep 30, 2024 to 99.9% in the quarter ended Jun 30, 2025.
- Per Business Quant data, PDD's Goodwill & Intangibles in the three quarters before the quarter ended Jun 30, 2026 was $2.17 million (quarter ended Mar 31, 2026), $2.11 million (quarter ended Dec 31, 2025) and $2.28 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 2.42 Mn |
| Mar 31, 2025 | 2.51 Mn |
| Dec 31, 2024 | 2.63 Mn |
| Sep 30, 2024 | 2.86 Mn |
| Jun 30, 2024 | 2.90 Bn |
| Mar 31, 2024 | 3.05 Mn |
| Dec 31, 2023 | 2.98 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 3.12 Mn |
| Mar 31, 2023 | 3.41 Mn |
| Dec 31, 2022 | 19.24 Mn |
| Sep 30, 2022 | 41.87 Mn |
| Jun 30, 2022 | 65.07 Mn |
| Mar 31, 2022 | 87.83 Mn |
| Dec 31, 2021 | 110.05 Mn |
| Sep 30, 2021 | 133.57 Mn |
API Access
PDD Holdings Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();