PDD Holdings Inc. (PDD) Notes Payables (2017 - 2025)

PDD Holdings (PDD) posted Notes Payables of $2.5 billion for Q4 2025, up 1.98% sequentially from $2.4 billion in Q3 2025, and up 8.95% YoY from $2.3 billion in Q4 2024.

PDD Holdings Inc. (PDD) Notes Payables (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of Notes Payables data on file, last reported at $2.5 billion in Q4 2025.

  • Quarterly Notes Payables rose 8.95% year-over-year to $2.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.5 billion (up 8.95% YoY) and the FY2025 annual result came in at $2.5 billion, up 12.29% from the prior year.
  • Notes Payables advanced to $2.5 billion in Q4 2025 per PDD's latest filing, from $2.4 billion in the prior quarter.
  • The five-year high for Notes Payables was $2.5 billion in Q4 2025, with the low at $96.9 million in Q1 2021.
  • Average Notes Payables over 5 years is $2.2 billion, with a median of $2.3 billion recorded in 2023.
  • Year-over-year, Notes Payables plunged 67.55% in 2021 and soared 2171.33% in 2022.
  • PDD Holdings' Notes Payables stood at $2.1 billion in 2021, then slipped by 0.3% to $2.1 billion in 2022, then rose by 10.72% to $2.3 billion in 2023, then retreated by 2.25% to $2.3 billion in 2024, then gained by 8.95% to $2.5 billion in 2025.
  • Business Quant data shows PDD's Notes Payables at $2.5 billion in Q4 2025, $2.4 billion in Q3 2025, and $2.4 billion in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 2.50 Bn
Sep 30, 2025 2.45 Bn
Jun 30, 2025 2.39 Bn
Mar 31, 2025 2.29 Bn
Dec 31, 2024 2.29 Bn
Sep 30, 2024 2.39 Bn
Jun 30, 2024 2.47 Bn
Mar 31, 2024 2.39 Bn
Dec 31, 2023 2.34 Bn
Sep 30, 2023 2.23 Bn
Jun 30, 2023 2.22 Bn
Mar 31, 2023 2.28 Bn
Dec 31, 2022 2.12 Bn
Sep 30, 2022 2.13 Bn
Jun 30, 2022 2.21 Bn
Mar 31, 2022 2.20 Bn
Dec 31, 2021 2.12 Bn
Sep 30, 2021 2.01 Bn
Jun 30, 2021 1.96 Bn
Mar 31, 2021 96.92 Mn