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

PDD Holdings' Operating Income history runs 9 years deep, the most recent figure standing at $4.0 billion for Q4 2025.

• In Q4 2025, Operating Income rose 13.06% year-over-year to $4.0 billion; the TTM figure through Dec 2025 stood at $13.3 billion (down 11.63% YoY), while the FY2025 annual figure was $13.3 billion, down 10.37% from the prior year.
• Operating Income came in at $4.0 billion for Q4 2025 at PDD Holdings, up from $3.5 billion in the prior quarter.
• In the past five years, Operating Income ranged from a high of $4.5 billion in Q2 2024 to a low of -$633.0 million in Q1 2021.
• A 5-year average of $2.1 billion and a median of $2.0 billion in 2023 frame the typical range for Operating Income.
• Across the five-year window, Operating Income plunged 201.92% in 2021 and jumped 341.9% in 2022, its largest moves.
• PDD Holdings' Operating Income stood at $1.1 billion in 2021, then increased by 21.91% to $1.3 billion in 2022, then jumped by 138.71% to $3.2 billion in 2023, then increased by 11.15% to $3.5 billion in 2024, then gained by 13.06% to $4.0 billion in 2025.
• According to Business Quant data, Operating Income over the past three periods registered $4.0 billion, $3.5 billion, and $3.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

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