PDD Holdings (PDD) Notes Payables (2016 - 2026)

PDD Holdings has reported Notes Payables for 9 years, with the latest figure 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.
• Over five years, Notes Payables peaked at $2.5 billion in Q4 2025 and troughed at $96.9 million in Q1 2021.
• A 5-year average of $2.2 billion and a median of $2.3 billion in 2023 frame the typical range for Notes Payables.
• The sharpest annual moves came in 2021 and 2022: Notes Payables slumped 67.55% in 2021, then jumped 2171.33% in 2022.
• Over 5 years, Notes Payables stood at $2.1 billion in 2021, then decreased by 0.3% to $2.1 billion in 2022, then increased by 10.72% to $2.3 billion in 2023, then fell by 2.25% to $2.3 billion in 2024, then rose by 8.95% to $2.5 billion in 2025.
• According to Business Quant data, Notes Payables over the past three periods registered $2.5 billion, $2.4 billion, and $2.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.