PDD Holdings (PDD) Gross Profit (2017 - 2025)
PDD Holdings (PDD) posted Gross Profit of $9.8 billion for Q4 2025, up 14.54% sequentially from $8.6 billion in Q3 2025, and up 14.26% YoY from $8.6 billion in Q4 2024.
PDD Holdings (PDD) Gross Profit (2017 - 2025) Analysis & Trends
PDD Holdings has reported Gross Profit for 9 years, with the latest figure at $9.8 billion in Q4 2025.
- Quarterly Gross Profit rose 14.26% year-over-year to $9.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $34.1 billion (up 2.77% YoY) and the FY2025 annual result came in at $33.8 billion, up 1.28% from the prior year.
- Gross Profit improved to $9.8 billion in Q4 2025 per PDD's latest filing, from $8.6 billion in the prior quarter.
- Over five years, Gross Profit peaked at $9.8 billion in Q4 2025 and troughed at $1.7 billion in Q1 2021.
- A 5-year average of $5.7 billion and a median of $5.2 billion in 2023 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2025: Gross Profit soared 162.02% in 2021, then decreased 6.94% in 2025.
- Over 5 years, Gross Profit stood at $3.3 billion in 2021, then soared by 37.79% to $4.5 billion in 2022, then jumped by 69.18% to $7.6 billion in 2023, then climbed by 13.56% to $8.6 billion in 2024, then advanced by 14.26% to $9.8 billion in 2025.
- According to Business Quant data, Gross Profit over the past three periods registered $9.8 billion, $8.6 billion, and $8.1 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,937.62 Bn | 2,814.63 Bn | 198.88 Bn |
| 2 | PDD Holdings | 506.09 Bn | 446.55 Bn | 9.83 Bn |
| 3 | Mercadolibre | 98.07 Bn | 82.87 Bn | 4.16 Bn |
| 4 | DoorDash | 93.10 Bn | 87.75 Bn | 2.35 Bn |
| 5 | JD.com | 86.93 Bn | 57.74 Bn | 7.66 Bn |
| 6 | Sea | 77.90 Bn | 69.38 Bn | 3.15 Bn |
| 7 | Ebay | 47.32 Bn | 44.02 Bn | 2.30 Bn |
| 8 | Coupang | 29.63 Bn | 23.52 Bn | 2.49 Bn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn |
| 10 | Wayfair | 13.67 Bn | 12.53 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.83 Bn |
| Dec 31, 2025 | 9.83 Bn |
| Sep 30, 2025 | 8.58 Bn |
| Sep 30, 2025 | 8.58 Bn |
| Jun 30, 2025 | 8.11 Bn |
| Jun 30, 2025 | 8.11 Bn |
| Mar 31, 2025 | 7.53 Bn |
| Mar 31, 2025 | 7.53 Bn |
| Dec 31, 2024 | 8.61 Bn |
| Dec 31, 2024 | 8.61 Bn |
| Sep 30, 2024 | 8.32 Bn |
| Sep 30, 2024 | 8.32 Bn |
| Jun 30, 2024 | 8.72 Bn |
| Jun 30, 2024 | 8.72 Bn |
| Mar 31, 2024 | 7.50 Bn |
| Mar 31, 2024 | 7.50 Bn |
| Dec 31, 2023 | 7.58 Bn |
| Dec 31, 2023 | 7.58 Bn |
| Sep 30, 2023 | 5.81 Bn |
| Sep 30, 2023 | 5.81 Bn |