PDD Holdings (PDD) Receivables (2017 - 2025)

PDD Holdings' (PDD) quarterly Receivables came in at $747.4 million in Q4 2025, down 52.27% year-on-year from $1.6 billion in Q4 2024, and down 99.96% quarter-over-quarter from $2116.3 billion in Q3 2025.

PDD Holdings (PDD) Receivables (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Receivables across 9 years of filings, most recently posting $747.4 million for Q4 2025.

  • Receivables for Q4 2025 came in at $747.4 million, down 52.27% year-over-year; the trailing twelve-month figure through Dec 2025 was $747.4 million (down 52.27% YoY), and the FY2025 annual result was $747.4 million, down 51.5% from the prior year.
  • Receivables came in at $747.4 million for Q4 2025 at PDD Holdings, down from $2116.3 billion in the prior quarter.
  • In the past five years, Receivables ranged from a high of $813913.0 billion in Q1 2023 to a low of $99.4 million in Q4 2022.
  • The 5-year median for Receivables is $1070.5 billion (2023), against an average of $110459.7 billion.
  • Across the five-year window, Receivables soared 853326045.02% in 2021 and tumbled 99.9% in 2022, its largest moves.
  • PDD Holdings' Receivables stood at $770.1 million in 2021, then sank by 87.09% to $99.4 million in 2022, then surged by 1484.1% to $1.6 billion in 2023, then slipped by 0.59% to $1.6 billion in 2024, then sank by 52.27% to $747.4 million in 2025.
  • The last three Receivables figures came in at $747.4 million (Q4 2025), $2116.3 billion (Q3 2025), and $2031.4 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 75.53 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 370.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 1.24 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 747.36 Mn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 456.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 351.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 158.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 1.10 Bn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 231.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 747.36 Mn
Sep 30, 2025 2,116.34 Bn
Jun 30, 2025 2,031.38 Bn
Mar 31, 2025 1,772.78 Bn
Dec 31, 2024 1.57 Bn
Sep 30, 2024 1,983.96 Bn
Jun 30, 2024 1,579.78 Bn
Mar 31, 2024 1,626.37 Bn
Dec 31, 2023 1.58 Bn
Sep 30, 2023 1,190.48 Bn
Jun 30, 2023 950.48 Bn
Mar 31, 2023 813,913.00 Bn
Dec 31, 2022 99.44 Mn
Sep 30, 2022 724.90 Bn
Jun 30, 2022 705.86 Bn
Mar 31, 2022 660.62 Bn
Dec 31, 2021 770.14 Mn
Sep 30, 2021 708,380.00 Bn
Jun 30, 2021 670,816.00 Bn
Mar 31, 2021 737.26 Bn