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PDD Holdings (PDD) Gross Margin: 2017-2024

Historic Gross Margin for Holdings (PDD) over the last 8 years, with FY2024 value amounting to 60.92%.

  • Holdings' Gross Margin fell 32900.0% to 56.74% in Q3 2025 from the same period last year, while for Sep 2025 it was 56.34%, marking a year-over-year decrease of 57100.0%. This contributed to the annual value of 60.92% for FY2024, which is 20400.0% down from last year.
  • Latest data reveals that Holdings reported Gross Margin of 60.92% as of FY2024, which was down 20400.0% from 62.96% recorded in FY2023.
  • In the past 5 years, Holdings' Gross Margin registered a high of 73.89% during FY2022, and its lowest value of 60.92% during FY2024.
  • In the last 5 years, Holdings' Gross Margin had a median value of 66.24% in 2021 and averaged 66.32%.
  • Its Gross Margin has fluctuated over the past 5 years, first plummeted by -113800bps in 2020, then surged by 76500bps in 2022.
  • Over the past 5 years, Holdings' Gross Margin (Annual) stood at 67.59% in 2020, then dropped by -2bps to 66.24% in 2021, then increased by 12bps to 73.89% in 2022, then dropped by -15bps to 62.96% in 2023, then decreased by -3bps to 60.92% in 2024.
  • Its last three reported values are 60.92% in FY2024, 62.96% for FY2023, and 73.89% during FY2022.