PDD Holdings (PDD) Net Cash Flow (2017 - 2026)

PDD Holdings has reported Net Cash Flow for 9 years, with the latest figure at $2.9 billion in Q4 2025.

• Quarterly Net Cash Flow rose 2237.04% year-over-year to $2.9 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8.2 billion (up 1517.49% YoY) and the FY2025 annual result came in at $8.1 billion, up 1530.49% from the prior year.
• Net Cash Flow retreated to $2.9 billion in Q4 2025 per PDD's latest filing, from $4.8 billion in the prior quarter.
• Over five years, Net Cash Flow peaked at $4.8 billion in Q3 2025 and troughed at -$3.1 billion in Q1 2023.
• A 5-year average of $753.8 million and a median of $919.1 million in 2021 frame the typical range for Net Cash Flow.
• The sharpest annual moves came in 2021 and 2025: Net Cash Flow slumped 1104.89% in 2021, then surged 2237.04% in 2025.
• Over 5 years, Net Cash Flow stood at $581.8 million in 2021, then jumped by 348.58% to $2.6 billion in 2022, then plunged by 38.2% to $1.6 billion in 2023, then tumbled by 108.48% to -$136.7 million in 2024, then soared by 2237.04% to $2.9 billion in 2025.
• According to Business Quant data, Net Cash Flow over the past three periods registered $2.9 billion, $4.8 billion, and -$751.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.