Growth Metrics

PDD Holdings (PDD) Operating Expenses (2017 - 2025)

Historic Operating Expenses for Holdings (PDD) over the last 9 years, with Q3 2025 value amounting to -$5.1 billion.

  • Holdings' Operating Expenses fell 152.49% to -$5.1 billion in Q3 2025 from the same period last year, while for Sep 2025 it was -$20.1 billion, marking a year-over-year decrease of 1394.95%. This contributed to the annual value of $18.0 billion for FY2024, which is 3343.89% up from last year.
  • Per Holdings' latest filing, its Operating Expenses stood at -$5.1 billion for Q3 2025, which was down 152.49% from -$4.5 billion recorded in Q2 2025.
  • In the past 5 years, Holdings' Operating Expenses ranged from a high of -$2.0 billion in Q3 2021 and a low of -$5.3 billion during Q1 2025
  • Its 5-year average for Operating Expenses is -$3.5 billion, with a median of -$3.2 billion in 2022.
  • In the last 5 years, Holdings' Operating Expenses plummeted by 28472.66% in 2021 and then surged by 387.3% in 2022.
  • Holdings' Operating Expenses (Quarter) stood at -$2.2 billion in 2021, then tumbled by 45.73% to -$3.2 billion in 2022, then tumbled by 40.09% to -$4.4 billion in 2023, then dropped by 15.27% to -$5.1 billion in 2024, then fell by 0.3% to -$5.1 billion in 2025.
  • Its last three reported values are -$5.1 billion in Q3 2025, -$4.5 billion for Q2 2025, and -$5.3 billion during Q1 2025.