PDD Holdings (PDD) Retained Earnings (2017 - 2025)
PDD Holdings (PDD) posted Retained Earnings of $40.1 billion for Q4 2025, up 5712.29% sequentially from $689.3 million in Q3 2025, and up 53.55% YoY from $26.1 billion in Q4 2024.
PDD Holdings (PDD) Retained Earnings (2017 - 2025) Analysis & Trends
PDD Holdings has reported Retained Earnings for 9 years, with the latest figure at $40.1 billion in Q4 2025.
- Quarterly Retained Earnings rose 53.55% year-over-year to $40.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $40.1 billion (up 53.55% YoY) and the FY2025 annual result came in at $40.6 billion, up 58.26% from the prior year.
- Retained Earnings climbed to $40.1 billion in Q4 2025 per PDD's latest filing, from $689.3 million in the prior quarter.
- Over five years, Retained Earnings peaked at $40.1 billion in Q4 2025 and troughed at $353.4 million in Q1 2023.
- A 5-year average of $10.1 billion and a median of $13.8 billion in 2021 frame the typical range for Retained Earnings.
- The sharpest annual moves came in 2021 and 2023: Retained Earnings surged 18443.01% in 2021, then tumbled 97.59% in 2023.
- Over 5 years, Retained Earnings stood at $14.9 billion in 2021, then declined by 6.42% to $14.0 billion in 2022, then grew by 6.78% to $14.9 billion in 2023, then surged by 75.09% to $26.1 billion in 2024, then surged by 53.55% to $40.1 billion in 2025.
- According to Business Quant data, Retained Earnings over the past three periods registered $40.1 billion, $689.3 million, and $942.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 343.44 Bn |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | 40.06 Bn |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 6.69 Bn |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 14.81 Bn |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | - |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 40.07 Bn |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | 8.45 Bn |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -772.29 Mn |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | -4.93 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 40.06 Bn |
| Sep 30, 2025 | 689.31 Mn |
| Jun 30, 2025 | 942.28 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 26.09 Bn |
| Sep 30, 2024 | 408.60 Mn |
| Jun 30, 2024 | 798.09 Mn |
| Mar 31, 2024 | 697.23 Mn |
| Dec 31, 2023 | 14.90 Bn |
| Sep 30, 2023 | 815.90 Mn |
| Jun 30, 2023 | 862.60 Mn |
| Mar 31, 2023 | 353.36 Mn |
| Dec 31, 2022 | 13.96 Bn |
| Sep 30, 2022 | 13.60 Bn |
| Jun 30, 2022 | 14.17 Bn |
| Mar 31, 2022 | 14.68 Bn |
| Dec 31, 2021 | 14.91 Bn |
| Sep 30, 2021 | 14.56 Bn |
| Jun 30, 2021 | 14.33 Bn |
| Mar 31, 2021 | 13.93 Bn |