PDD Holdings (PDD) Liabilities and Shareholders Equity (2017 - 2026)
PDD Holdings' Liabilities and Shareholders Equity came in at $97.43 billion for the quarter ended Jun 30, 2026, up 24.3% from $78.41 billion a year earlier and up 5.8% from the prior quarter.
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Analysis
PDD Holdings (PDD) Liabilities and Shareholders Equity (2017 - 2026) Analysis & Trends
As of Dec 31, 2025, PDD Holdings' Liabilities and Shareholders Equity was $90.1 billion, up 28.2% from the prior year.
- Liabilities and Shareholders Equity has increased in each of the last eight years, with a five-year compound annual growth rate of 29.9% (years ended Dec 2020 to Dec 2025).
- Going back by year, Liabilities and Shareholders Equity was $70.29 billion in the year ended Dec 31, 2024 (+42.7%), $49.25 billion in the year ended Dec 31, 2023 (+39.5%), $35.32 billion in the year ended Dec 31, 2022 (+25.7%) and $28.09 billion in the year ended Dec 31, 2021 (+15.4%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Liabilities and Shareholders Equity since the quarter ended Jun 30, 2024.
- Year-over-year, Liabilities and Shareholders Equity has increased for four consecutive quarters, with growth averaging 17.8% over the last eight quarters.
- The fastest year-over-year change in Liabilities and Shareholders Equity over five years came in the quarter ended Sep 30, 2021 (growth of 75.8%), and the weakest in the quarter ended Jun 30, 2025 (a decline of 99.9%).
- Business Quant data shows PDD's Liabilities and Shareholders Equity at $92.07 billion (quarter ended Mar 31, 2026), $88.83 billion (quarter ended Dec 31, 2025) and $85.75 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 288.82 Bn |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 97.65 Bn |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 15.70 Bn |
| 10 | Airbnb | 103.26 Bn | 56.49 Bn | 2.98 Bn | 28.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.65 Bn |
| Mar 31, 2026 | 92.27 Bn |
| Dec 31, 2025 | 90.06 Bn |
| Sep 30, 2025 | 86.20 Bn |
| Jun 30, 2025 | 79.08 Bn |
| Mar 31, 2025 | 73.05 Bn |
| Dec 31, 2024 | 69.20 Bn |
| Sep 30, 2024 | 66.59 Bn |
| Jun 30, 2024 | 59,547.60 Bn |
| Mar 31, 2024 | 52.28 Bn |
| Dec 31, 2023 | 48.98 Bn |
| Sep 30, 2023 | 43.05 Bn |
| Jun 30, 2023 | 37.82 Bn |
| Mar 31, 2023 | 34.94 Bn |
| Dec 31, 2022 | 34.05 Bn |
| Sep 30, 2022 | 29.35 Bn |
| Jun 30, 2022 | 28.66 Bn |
| Mar 31, 2022 | 26.61 Bn |
| Dec 31, 2021 | 28.44 Bn |
| Sep 30, 2021 | 25.84 Bn |
API Access
PDD Holdings Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();