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

PDD Holdings' (PDD) quarterly Gross Profit came in at $12.8 billion in Q4 2025, up 17.95% year-on-year from $10.9 billion in Q4 2024, and up 17.59% quarter-over-quarter from $10.9 billion in Q3 2025.

PDD Holdings (PDD) Gross Profit (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Gross Profit across 9 years of filings, most recently posting $12.8 billion for Q4 2025.

  • Gross Profit for Q4 2025 came in at $12.8 billion, up 17.95% year-over-year; the trailing twelve-month figure through Dec 2025 was $42.9 billion (up 9.32% YoY), and the FY2025 annual result was $34.3 billion, down 11.47% from the prior year.
  • Gross Profit came in at $12.8 billion for Q4 2025 at PDD Holdings, up from $10.9 billion in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $12.8 billion in Q4 2025 to a low of $1.7 billion in Q1 2021.
  • The 5-year median for Gross Profit is $5.5 billion (2023), against an average of $6.5 billion.
  • Across the five-year window, Gross Profit jumped 162.02% in 2021 and fell 2.45% in 2025, its largest moves.
  • PDD Holdings' Gross Profit stood at $3.3 billion in 2021, then jumped by 37.79% to $4.5 billion in 2022, then surged by 95.72% to $8.8 billion in 2023, then climbed by 23.85% to $10.9 billion in 2024, then gained by 17.95% to $12.8 billion in 2025.
  • The last three Gross Profit figures came in at $12.8 billion (Q4 2025), $10.9 billion (Q3 2025), and $10.6 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 12.81 Bn
Dec 31, 2025 12.81 Bn
Sep 30, 2025 10.89 Bn
Sep 30, 2025 10.89 Bn
Jun 30, 2025 10.61 Bn
Jun 30, 2025 10.61 Bn
Mar 31, 2025 8.57 Bn
Mar 31, 2025 8.57 Bn
Dec 31, 2024 10.86 Bn
Dec 31, 2024 10.86 Bn
Sep 30, 2024 9.81 Bn
Sep 30, 2024 9.81 Bn
Jun 30, 2024 9.77 Bn
Jun 30, 2024 9.77 Bn
Mar 31, 2024 8.78 Bn
Mar 31, 2024 8.78 Bn
Dec 31, 2023 8.77 Bn
Dec 31, 2023 8.77 Bn
Sep 30, 2023 6.45 Bn
Sep 30, 2023 6.45 Bn