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PDD Holdings (PDD) Research & Development: 2017-2024

Historic Research & Development for Holdings (PDD) over the last 8 years, with FY2024 value amounting to $1.7 billion.

  • 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.
  • As of FY2024, Holdings' Research & Development stood at $1.7 billion, which was up 1190.73% from $1.5 billion recorded in FY2023.
  • Holdings' Research & Development's 5-year high stood at $1.7 billion during FY2024, with a 5-year trough of $999.2 million in FY2020.
  • For the 5-year period, Holdings' Research & Development averaged around $1.4 billion, with its median value being $1.5 billion (2022).
  • As far as peak fluctuations go, Holdings' Research & Development surged by 7826.51% in 2020, and later grew by 20.11% in 2023.
  • Over the past 5 years, Holdings' Research & Development (Annual) stood at $999.2 million in 2020, then skyrocketed by 39.52% to $1.4 billion in 2021, then increased by 10.94% to $1.5 billion in 2022, then rose by 0.2% to $1.5 billion in 2023, then increased by 11.91% to $1.7 billion in 2024.
  • Its last three reported values are $1.7 billion in FY2024, $1.5 billion for FY2023, and $1.5 billion during FY2022.