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Asset Utilization RatioAssets AverageDebt RatioEBIT MarginEBITDA MarginEBT MarginEnterprise ValueFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on Invested CapitalReturn on Sales

PDD Holdings (PDD) Gross Margin (2017 - 2025)

Historic Gross Margin for Holdings (PDD) over the last 9 years, with Q3 2025 value amounting to 71.61%.

  • Holdings' Gross Margin rose 22900.0% to 71.61% in Q3 2025 from the same period last year, while for Sep 2025 it was 70.49%, marking a year-over-year decrease of 8400.0%. This contributed to the annual value of 61.89% for FY2024, which is 10700.0% down from last year.
  • According to the latest figures from Q3 2025, Holdings' Gross Margin is 71.61%, which was up 22900.0% from 73.12% recorded in Q2 2025.
  • Holdings' 5-year Gross Margin high stood at 79.12% for Q3 2022, and its period low was 51.52% during Q1 2021.
  • For the 5-year period, Holdings' Gross Margin averaged around 70.25%, with its median value being 70.44% (2023).
  • Over the last 5 years, Holdings' Gross Margin had its largest YoY gain of 194900bps in 2021, and its largest YoY loss of -205000bps in 2021.
  • Holdings' Gross Margin (Quarter) stood at 76.07% in 2021, then grew by 2bps to 77.58% in 2022, then decreased by -10bps to 70.03% in 2023, then increased by 2bps to 71.65% in 2024, then decreased by 0bps to 71.61% in 2025.
  • Its Gross Margin stands at 71.61% for Q3 2025, versus 73.12% for Q2 2025 and 64.97% for Q1 2025.