PDD Holdings (PDD) Payables (2017 - 2025)

PDD Holdings' Payables history runs 9 years deep, the most recent figure standing at $7.1 billion for Q4 2025.

• In Q4 2025, Payables rose 14.02% year-over-year to $7.1 billion; the TTM figure through Dec 2025 stood at $7.1 billion (up 14.02% YoY), while the FY2025 annual figure was $7.1 billion, up 15.87% from the prior year.
• Payables came in at $7.1 billion for Q4 2025 at PDD Holdings, up from $2.4 billion in the prior quarter.
• In the past five years, Payables ranged from a high of $10.0 billion in Q4 2023 to a low of $96.9 million in Q1 2021.
• A 5-year average of $3.2 billion and a median of $2.3 billion in 2025 frame the typical range for Payables.
• Across the five-year window, Payables sank 67.55% in 2021 and soared 2171.33% in 2022, its largest moves.
• PDD Holdings' Payables stood at $4.3 billion in 2021, then gained by 17.05% to $5.1 billion in 2022, then surged by 98.09% to $10.0 billion in 2023, then slumped by 37.91% to $6.2 billion in 2024, then grew by 14.02% to $7.1 billion in 2025.
• According to Business Quant data, Payables over the past three periods registered $7.1 billion, $2.4 billion, and $2.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

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