PDD Holdings PDD
NASDAQ PDD
$83.59 -0.41 (-0.49%)
As of: Sep 1, 2026 · 1:29 PM EDT

PDD Holdings (PDD) Other Operating Expenses (2017 - 2026)

PDD Holdings (PDD) posted Other Operating Expenses of -$4.9 billion for Q4 2025, down 15.95% sequentially from -$4.2 billion in Q3 2025, and down 14.35% YoY from -$5.7 billion in Q4 2024.

Analysis

PDD Holdings (PDD) Other Operating Expenses (2017 - 2026) Analysis & Trends

PDD Holdings has reported Other Operating Expenses for 9 years, with the latest figure at -$4.9 billion in Q4 2025.

  • Quarterly Other Operating Expenses fell 14.35% year-over-year to -$4.9 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$17.5 billion (down 14.09% YoY) and the FY2025 annual result came in at $2.3 billion, up 30.29% from the prior year.
  • Other Operating Expenses declined to -$4.9 billion in Q4 2025 per PDD's latest filing, from -$4.2 billion in the prior quarter.
  • Over five years, Other Operating Expenses peaked at -$1.6 billion in Q3 2021 and troughed at -$4.9 billion in Q4 2025.
  • A 5-year average of -$3.0 billion and a median of -$2.8 billion in 2022 frame the typical range for Other Operating Expenses.
  • The sharpest annual moves came in 2021 and 2022: Other Operating Expenses sank 205.15% in 2021, then climbed 11.74% in 2022.
  • Over 5 years, 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 dropped by 14.5% to -$4.3 billion in 2024, then declined by 14.35% to -$4.9 billion in 2025.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered -$4.9 billion, -$4.2 billion, and -$3.8 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,738.66 Bn 2,615.68 Bn 198.88 Bn
2 PDD Holdings 116.88 Bn -48,009.53 Bn 9.45 Bn
3 DoorDash 99.21 Bn 93.86 Bn 2.35 Bn
4 Mercadolibre 98.87 Bn 83.68 Bn 4.16 Bn
5 Sea 68.20 Bn 59.80 Bn 3.55 Bn
6 Ebay 47.01 Bn 43.70 Bn 2.30 Bn
7 JD.com 39.74 Bn 7.19 Bn 16.50 Bn
8 Coupang 28.51 Bn 22.40 Bn 2.49 Bn
9 Wayfair 12.61 Bn 11.46 Bn 1.05 Bn
10 Maplebear 11.77 Bn 10.92 Bn 751.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.36 Bn
Mar 31, 2026 -4.88 Bn
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 -4.25 Bn
Jun 30, 2024 -3.60 Bn
Mar 31, 2024 -3.27 Bn
Dec 31, 2023 -3.75 Bn
Sep 30, 2023 -3.01 Bn
Jun 30, 2023 -2.50 Bn
Mar 31, 2023 -2.38 Bn
Dec 31, 2022 -2.57 Bn
Sep 30, 2022 -2.05 Bn
Jun 30, 2022 -1.69 Bn
Mar 31, 2022 -1.77 Bn
Dec 31, 2021 -1.78 Bn
Sep 30, 2021 -1.55 Bn