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| Date | Value |
|---|---|
| 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 |