PDD Holdings (PDD) Revenue (2017 - 2025)
PDD Holdings' (PDD) quarterly Revenue came in at $17.7 billion in Q4 2025, up 16.93% year-on-year from $15.2 billion in Q4 2024, and up 16.5% quarter-over-quarter from $15.2 billion in Q3 2025.
PDD Holdings (PDD) Revenue (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Revenue across 9 years of filings, most recently posting $17.7 billion for Q4 2025.
- Revenue for Q4 2025 came in at $17.7 billion, up 16.93% year-over-year; the trailing twelve-month figure through Dec 2025 was $60.6 billion (up 10.86% YoY), and the FY2025 annual result was $61.8 billion, up 14.45% from the prior year.
- Revenue came in at $17.7 billion for Q4 2025 at PDD Holdings, up from $15.2 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $17.7 billion in Q4 2025 to a low of $3.3 billion in Q3 2021.
- The 5-year median for Revenue is $8.3 billion (2023), against an average of $9.2 billion.
- Peak annual rise in Revenue reached 266.25% in 2021, while the deepest fall reached 5.03% in 2021.
- PDD Holdings' Revenue stood at $4.3 billion in 2021, then jumped by 35.11% to $5.8 billion in 2022, then jumped by 116.83% to $12.5 billion in 2023, then advanced by 21.05% to $15.2 billion in 2024, then climbed by 16.93% to $17.7 billion in 2025.
- The last three Revenue figures came in at $17.7 billion (Q4 2025), $15.2 billion (Q3 2025), and $14.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 181.52 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 8.85 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.04 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 17.72 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 3.09 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 8.50 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 306.44 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 2.93 Bn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 1.02 Bn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 3.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.72 Bn |
| Sep 30, 2025 | 15.21 Bn |
| Jun 30, 2025 | 14.52 Bn |
| Mar 31, 2025 | 13.18 Bn |
| Dec 31, 2024 | 15.15 Bn |
| Sep 30, 2024 | 14.16 Bn |
| Jun 30, 2024 | 13.36 Bn |
| Mar 31, 2024 | 12.02 Bn |
| Dec 31, 2023 | 12.52 Bn |
| Sep 30, 2023 | 9.44 Bn |
| Jun 30, 2023 | 7.21 Bn |
| Mar 31, 2023 | 5.48 Bn |
| Dec 31, 2022 | 5.77 Bn |
| Sep 30, 2022 | 4.99 Bn |
| Jun 30, 2022 | 4.69 Bn |
| Mar 31, 2022 | 3.75 Bn |
| Dec 31, 2021 | 4.27 Bn |
| Sep 30, 2021 | 3.34 Bn |
| Jun 30, 2021 | 3.57 Bn |
| Mar 31, 2021 | 3.38 Bn |