Growth Metrics

PDD Holdings (PDD) Revenue (2017 - 2025)

PDD Holdings recorded quarterly Revenue of $17.7 billion in Q4 2025, up 16.5% quarter-over-quarter from $15.2 billion in Q3 2025, and up 16.93% year-over-year from $15.2 billion in Q4 2024.

PDD Holdings' Revenue history runs 9 years deep, the most recent figure standing at $17.7 billion for Q4 2025.

  • In Q4 2025, Revenue rose 16.93% year-over-year to $17.7 billion; the TTM figure through Dec 2025 stood at $60.6 billion (up 10.86% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $9.2 billion and a median of $8.3 billion in 2023 frame the typical range for Revenue.
  • On a YoY basis, Revenue climbed as much as 266.25% in 2021 and fell as far as 5.03% in 2021.
  • PDD Holdings' Revenue stood at $4.3 billion in 2021, then surged by 35.11% to $5.8 billion in 2022, then surged by 116.83% to $12.5 billion in 2023, then climbed by 21.05% to $15.2 billion in 2024, then grew by 16.93% to $17.7 billion in 2025.
  • According to Business Quant data, Revenue over the past three periods registered $17.7 billion, $15.2 billion, and $14.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Historic Data

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DateValue
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
Dec 31, 2020 4.07 Bn
Sep 30, 2020 2.09 Bn
Jun 30, 2020 1.73 Bn
Mar 31, 2020 923.77 Mn
Dec 31, 2019 1.55 Bn
Sep 30, 2019 1.05 Bn
Jun 30, 2019 1.06 Bn
Mar 31, 2019 677.26 Mn
Dec 31, 2018 822.33 Mn
Sep 30, 2018 491.03 Mn
Jun 30, 2018 409.40 Mn
Mar 31, 2018 217.64 Mn
Dec 31, 2017 178.26 Mn
Sep 30, 2017 63.43 Mn
Jun 30, 2017 15.25 Mn