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
DateValue
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