PDD Holdings (PDD) Non-Current Deferred Tax Liability (2021 - 2025)

PDD Holdings' (PDD) quarterly Non-Current Deferred Tax Liability came in at $27.0 million in Q4 2025, up 81.51% year-on-year from $14.9 million in Q4 2024, and up 202.31% quarter-over-quarter from $8.9 million in Q3 2025.

PDD Holdings (PDD) Non-Current Deferred Tax Liability (2021 - 2025) Analysis & Trends

PDD Holdings has disclosed Non-Current Deferred Tax Liability across 5 years of filings, most recently posting $27.0 million for Q4 2025.

  • Non-Current Deferred Tax Liability for Q4 2025 came in at $27.0 million, up 81.51% year-over-year; the trailing twelve-month figure through Dec 2025 was $27.0 million (up 81.51% YoY), and the FY2025 annual result was $27.4 million, up 87.07% from the prior year.
  • Non-Current Deferred Tax Liability came in at $27.0 million for Q4 2025 at PDD Holdings, up from $8.9 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $27.0 million in Q4 2025 to a low of $56000.0 in Q1 2023.
  • The 5-year median for Non-Current Deferred Tax Liability is $7.7 million (2023), against an average of $9.0 million.
  • Across the five-year window, Non-Current Deferred Tax Liability tumbled 98.89% in 2023 and surged 10762.5% in 2024, its largest moves.
  • PDD Holdings' Non-Current Deferred Tax Liability stood at $4.9 million in 2021, then plunged by 62.58% to $1.8 million in 2022, then soared by 353.73% to $8.3 million in 2023, then jumped by 78.89% to $14.9 million in 2024, then soared by 81.51% to $27.0 million in 2025.
  • The last three Non-Current Deferred Tax Liability figures came in at $27.0 million (Q4 2025), $8.9 million (Q3 2025), and $9.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 26.98 Mn
Dec 31, 2025 26.98 Mn
Sep 30, 2025 8.93 Mn
Sep 30, 2025 8.93 Mn
Jun 30, 2025 9.80 Mn
Jun 30, 2025 9.80 Mn
Mar 31, 2025 22.26 Mn
Mar 31, 2025 22.26 Mn
Dec 31, 2024 14.86 Mn
Dec 31, 2024 14.86 Mn
Sep 30, 2024 10.02 Mn
Sep 30, 2024 10.02 Mn
Jun 30, 2024 4.69 Mn
Jun 30, 2024 4.69 Mn
Mar 31, 2024 6.08 Mn
Mar 31, 2024 6.08 Mn
Dec 31, 2023 8.31 Mn
Dec 31, 2023 8.31 Mn
Sep 30, 2023 7.66 Mn
Sep 30, 2023 7.66 Mn