PDD Holdings Inc. (PDD) Payables (2017 - 2025)

PDD Holdings (PDD) has 9 years of Payables data on file, last reported at $7.1 billion in Q4 2025.

• Quarterly Payables rose 14.02% year-over-year to $7.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.1 billion (up 14.02% YoY) and the FY2025 annual result came in at $7.0 billion, up 14.35% from the prior year.
• Payables fell to $7.1 billion in Q4 2025 per PDD's latest filing, from $14.9 billion in the prior quarter.
• The five-year high for Payables was $14.9 billion in Q3 2025, with the low at $1.7 billion in Q1 2021.
• Average Payables over 5 years is $7.5 billion, with a median of $6.5 billion recorded in 2023.
• Year-over-year, Payables surged 174.0% in 2021 and plunged 37.91% in 2024.
• PDD Holdings' Payables stood at $4.3 billion in 2021, then climbed by 17.05% to $5.1 billion in 2022, then jumped by 98.09% to $10.0 billion in 2023, then plunged by 37.91% to $6.2 billion in 2024, then rose by 14.02% to $7.1 billion in 2025.
• Business Quant data shows PDD's Payables at $7.1 billion in Q4 2025, $14.9 billion in Q3 2025, and $13.0 billion in Q2 2025.