PDD Holdings (PDD) Non-Current Deferred Tax Liability (2020 - 2026)
PDD Holdings (PDD) posted Non-Current Deferred Tax Liability of $21.2 billion for Q4 2025, up 237772.19% sequentially from $8.9 million in Q3 2025, and up 61105.02% YoY from N/an in Q4 2024.
Analysis
PDD Holdings (PDD) Non-Current Deferred Tax Liability (2020 - 2026) Analysis & Trends
PDD Holdings has reported Non-Current Deferred Tax Liability for 5 years, with the latest figure at $21.2 billion in Q4 2025.
- Quarterly Non-Current Deferred Tax Liability rose 61105.02% year-over-year to $21.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $21.2 billion (up 61105.02% YoY) and the FY2025 annual result came in at $21.5 billion, up 52.75% from the prior year.
- Non-Current Deferred Tax Liability improved to $21.2 billion in Q4 2025 per PDD's latest filing, from $8.9 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $21.2 billion in Q4 2025 and troughed at $56000.0 in Q1 2023.
- A 5-year average of $1.3 billion and a median of $7.7 million in 2023 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2023 and 2025: Non-Current Deferred Tax Liability tumbled 98.89% in 2023, then surged 61105.02% in 2025.
- Over 5 years, Non-Current Deferred Tax Liability stood at $4.9 million in 2021, then jumped by 36.96% to $6.7 million in 2022, then surged by 253.8% to $23.7 million in 2023, then soared by 46.27% to $34.7 million in 2024, then jumped by 61105.02% to $21.2 billion in 2025.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $21.2 billion, $8.9 million, and $9.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn |
| 10 | Maplebear | 11.74 Bn | 10.89 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 5.92 Mn |
| Dec 31, 2025 | 5.92 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 |