PDD Holdings (PDD) Research & Development: 2017-2025
Historic Research & Development for Holdings (PDD) over the last 9 years, with Q3 2025 value amounting to -$608.5 million.
- Holdings' Research & Development fell 4237.14% to -$608.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$2.1 billion, marking a year-over-year decrease of 2642.44%. This contributed to the annual value of $1.7 billion for FY2024, which is 1190.73% up from last year.
- Latest data reveals that Holdings reported Research & Development of -$608.5 million as of Q3 2025, which was down 4237.14% from -$501.3 million recorded in Q2 2025.
- Over the past 5 years, Holdings' Research & Development peaked at -$316.4 million during Q4 2021, and registered a low of -$608.5 million during Q3 2025.
- For the 5-year period, Holdings' Research & Development averaged around -$413.0 million, with its median value being -$396.0 million (2022).
- Per our database at Business Quant, Holdings' Research & Development crashed by 6215.64% in 2021 and then skyrocketed by 1285.41% in 2023.
- Holdings' Research & Development (Quarter) stood at -$316.4 million in 2021, then fell by 6.97% to -$338.4 million in 2022, then dropped by 17.57% to -$397.8 million in 2023, then tumbled by 30.07% to -$517.5 million in 2024, then dropped by 17.6% to -$608.5 million in 2025.
- Its Research & Development was -$608.5 million in Q3 2025, compared to -$501.3 million in Q2 2025 and -$493.0 million in Q1 2025.