PDD Holdings (PDD) Receivables - Net (2017 - 2025)
PDD Holdings' (PDD) quarterly Receivables - Net came in at $720.3 million in Q4 2025, up 40.63% year-on-year from $512.2 million in Q4 2024, and down 99.91% quarter-over-quarter from $842.6 billion in Q3 2025.
PDD Holdings (PDD) Receivables - Net (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Receivables - Net across 9 years of filings, most recently posting $720.3 million for Q4 2025.
- Receivables - Net for Q4 2025 came in at $720.3 million, up 40.63% year-over-year; the trailing twelve-month figure through Dec 2025 was $720.3 million (up 40.63% YoY), and the FY2025 annual result was $730.6 million, up 44.94% from the prior year.
- Receivables - Net came in at $720.3 million for Q4 2025 at PDD Holdings, down from $842.6 billion in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $106298.0 billion in Q2 2021 to a low of $82.6 million in Q4 2022.
- The 5-year median for Receivables - Net is $282.1 billion (2023), against an average of $15813.7 billion.
- Across the five-year window, Receivables - Net soared 174906932.61% in 2021 and slumped 99.94% in 2022, its largest moves.
- PDD Holdings' Receivables - Net stood at $105.4 million in 2021, then dropped by 21.59% to $82.6 million in 2022, then surged by 557.88% to $543.6 million in 2023, then fell by 5.78% to $512.2 million in 2024, then surged by 40.63% to $720.3 million in 2025.
- The last three Receivables - Net figures came in at $720.3 million (Q4 2025), $842.6 billion (Q3 2025), and $838.6 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| Date | Value |
|---|---|
| Dec 31, 2025 | 720.35 Mn |
| Dec 31, 2025 | 720.35 Mn |
| Sep 30, 2025 | 842.60 Bn |
| Sep 30, 2025 | 842.60 Bn |
| Jun 30, 2025 | 838.62 Bn |
| Jun 30, 2025 | 838.62 Bn |
| Mar 31, 2025 | 754.49 Bn |
| Mar 31, 2025 | 754.49 Bn |
| Dec 31, 2024 | 512.22 Mn |
| Dec 31, 2024 | 512.22 Mn |
| Sep 30, 2024 | 660.30 Bn |
| Sep 30, 2024 | 660.30 Bn |
| Jun 30, 2024 | 755.61 Bn |
| Jun 30, 2024 | 755.61 Bn |
| Mar 31, 2024 | 660.51 Bn |
| Mar 31, 2024 | 660.51 Bn |
| Dec 31, 2023 | 543.62 Mn |
| Dec 31, 2023 | 543.62 Mn |
| Sep 30, 2023 | 349.11 Bn |
| Sep 30, 2023 | 349.11 Bn |