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PDD Holdings (PDD) Invested Capital (2020 - 2025)

PDD Holdings (PDD) has disclosed Invested Capital for 6 consecutive years, with $58.3 billion as the latest value for Q4 2025.

  • For Q4 2025, Invested Capital rose 31.4% year-over-year to $58.3 billion; the TTM value through Dec 2025 reached $58.3 billion, up 31.4%, while the annual FY2025 figure was $57.5 billion, 31.78% up from the prior year.
  • Invested Capital hit $58.3 billion in Q4 2025 for PDD Holdings, up from $44.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $58.3 billion in Q4 2025 and bottomed at $12.1 billion in Q4 2021.
  • Average Invested Capital over 5 years is $31.9 billion, with a median of $26.1 billion recorded in 2023.
  • Year-over-year, Invested Capital increased 25.7% in 2021 and then surged 69.98% in 2024.
  • PDD Holdings' Invested Capital stood at $12.1 billion in 2021, then soared by 53.55% to $18.5 billion in 2022, then soared by 40.97% to $26.1 billion in 2023, then surged by 69.98% to $44.4 billion in 2024, then surged by 31.4% to $58.3 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods came in at $58.3 billion, $44.4 billion, and $26.1 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.