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

PDD Holdings' (PDD) quarterly Other Operating Expenses came in at -$4.9 billion in Q4 2025, down 14.35% year-on-year from -$5.7 billion in Q4 2024, and down 15.95% quarter-over-quarter from -$4.2 billion in Q3 2025.

PDD Holdings (PDD) Other Operating Expenses (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Other Operating Expenses across 9 years of filings, most recently posting -$4.9 billion for Q4 2025.

  • Other Operating Expenses for Q4 2025 came in at -$4.9 billion, down 14.35% year-over-year; the trailing twelve-month figure through Dec 2025 was -$17.5 billion (down 13.19% YoY), and the FY2025 annual result was $17.7 billion, up 15.85% from the prior year.
  • Other Operating Expenses came in at -$4.9 billion for Q4 2025 at PDD Holdings, down from -$4.2 billion in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of -$1.6 billion in Q3 2021 to a low of -$4.9 billion in Q4 2025.
  • The 5-year median for Other Operating Expenses is -$2.8 billion (2022), against an average of -$3.0 billion.
  • Across the five-year window, Other Operating Expenses tumbled 292.51% in 2021 and rose 10.79% in 2022, its largest moves.
  • PDD Holdings' Other Operating Expenses stood at -$1.8 billion in 2021, then sank by 44.15% to -$2.6 billion in 2022, then plunged by 45.94% to -$3.8 billion in 2023, then decreased by 14.5% to -$4.3 billion in 2024, then slipped by 14.35% to -$4.9 billion in 2025.
  • The last three Other Operating Expenses figures came in at -$4.9 billion (Q4 2025), -$4.2 billion (Q3 2025), and -$3.8 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.91 Bn
Sep 30, 2025 -4.24 Bn
Jun 30, 2025 -3.76 Bn
Mar 31, 2025 -4.60 Bn
Dec 31, 2024 -4.30 Bn
Sep 30, 2024 -4.34 Bn
Jun 30, 2024 -3.58 Bn
Mar 31, 2024 -3.24 Bn
Dec 31, 2023 -3.75 Bn
Sep 30, 2023 -2.98 Bn
Jun 30, 2023 -2.50 Bn
Mar 31, 2023 -2.37 Bn
Dec 31, 2022 -2.57 Bn
Sep 30, 2022 -1.97 Bn
Jun 30, 2022 -1.69 Bn
Mar 31, 2022 -1.77 Bn
Dec 31, 2021 -1.78 Bn
Sep 30, 2021 -1.56 Bn
Jun 30, 2021 -1.61 Bn
Mar 31, 2021 -1.98 Bn