PDD Holdings (PDD) Receivables - Net (2017 - 2025)
PDD Holdings (PDD) posted Receivables - Net of $720.3 million for Q4 2025, down 99.91% sequentially from $842.6 billion in Q3 2025, and up 40.63% YoY from $512.2 million in Q4 2024.
PDD Holdings (PDD) Receivables - Net (2017 - 2025) Analysis & Trends
PDD Holdings has reported Receivables - Net for 9 years, with the latest figure at $720.3 million in Q4 2025.
- Quarterly Receivables - Net rose 40.63% year-over-year to $720.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $720.3 million (up 40.63% YoY) and the FY2025 annual result came in at $730.6 million, up 44.94% from the prior year.
- Receivables - Net fell to $720.3 million in Q4 2025 per PDD's latest filing, from $842.6 billion in the prior quarter.
- Over five years, Receivables - Net peaked at $106298.0 billion in Q2 2021 and troughed at $82.6 million in Q4 2022.
- A 5-year average of $15813.7 billion and a median of $282.1 billion in 2023 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2021 and 2022: Receivables - Net surged 174906932.61% in 2021, then slumped 99.94% in 2022.
- Over 5 years, Receivables - Net stood at $105.4 million in 2021, then fell by 21.59% to $82.6 million in 2022, then jumped by 557.88% to $543.6 million in 2023, then decreased by 5.78% to $512.2 million in 2024, then jumped by 40.63% to $720.3 million in 2025.
- According to Business Quant data, Receivables - Net over the past three periods registered $720.3 million, $842.6 billion, and $838.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,932.40 Bn | 2,809.41 Bn | 198.88 Bn |
| 2 | PDD Holdings | 506.93 Bn | 447.39 Bn | 9.83 Bn |
| 3 | Mercadolibre | 97.34 Bn | 82.14 Bn | 4.16 Bn |
| 4 | DoorDash | 93.09 Bn | 87.74 Bn | 2.35 Bn |
| 5 | JD.com | 87.36 Bn | 58.18 Bn | 7.66 Bn |
| 6 | Sea | 77.79 Bn | 69.27 Bn | 3.15 Bn |
| 7 | Ebay | 47.69 Bn | 44.38 Bn | 2.30 Bn |
| 8 | Coupang | 29.62 Bn | 23.51 Bn | 2.49 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 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 |