PDD Holdings Inc. (PDD) Invested Capital (2017 - 2025)

PDD Holdings (PDD) posted Invested Capital of $58.4 billion for Q4 2025, up 6.54% sequentially from $54.9 billion in Q3 2025, and up 31.74% YoY from $44.4 billion in Q4 2024.

PDD Holdings Inc. (PDD) Invested Capital (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of Invested Capital data on file, last reported at $58.4 billion in Q4 2025.

  • Quarterly Invested Capital rose 31.74% year-over-year to $58.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $58.4 billion (up 31.74% YoY) and the FY2025 annual result came in at $57.7 billion, up 32.13% from the prior year.
  • Invested Capital improved to $58.4 billion in Q4 2025 per PDD's latest filing, from $54.9 billion in the prior quarter.
  • The five-year high for Invested Capital was $58.4 billion in Q4 2025, with the low at $10.3 billion in Q1 2021.
  • Average Invested Capital over 5 years is $27.6 billion, with a median of $21.8 billion recorded in 2023.
  • Year-over-year, Invested Capital surged 194.22% in 2021 and grew 20.95% in 2022.
  • PDD Holdings' Invested Capital stood at $12.1 billion in 2021, then surged by 53.55% to $18.5 billion in 2022, then surged by 40.97% to $26.1 billion in 2023, then jumped by 69.98% to $44.4 billion in 2024, then soared by 31.74% to $58.4 billion in 2025.
  • Business Quant data shows PDD's Invested Capital at $58.4 billion in Q4 2025, $54.9 billion in Q3 2025, and $50.2 billion in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 58.44 Bn
Sep 30, 2025 164.74 Mn
Jun 30, 2025 162.00 Mn
Mar 31, 2025 152.69 Mn
Dec 31, 2024 44.36 Bn
Sep 30, 2024 150.11 Mn
Jun 30, 2024 159.13 Mn
Mar 31, 2024 191.57 Mn
Dec 31, 2023 26.10 Bn
Sep 30, 2023 280.48 Mn
Jun 30, 2023 261.57 Mn
Mar 31, 2023 286.50 Mn
Dec 31, 2022 18.51 Bn
Sep 30, 2022 380.20 Mn
Jun 30, 2022 372.47 Mn
Mar 31, 2022 321.76 Mn
Dec 31, 2021 12.06 Bn
Sep 30, 2021 1.12 Bn
Jun 30, 2021 983.62 Mn
Mar 31, 2021 745.64 Mn