PDD Holdings (PDD) Revenue (2017 - 2025)

PDD Holdings (PDD) posted Revenue of $17.7 billion for Q4 2025, up 16.5% sequentially from $15.2 billion in Q3 2025, and up 16.93% YoY from $15.2 billion in Q4 2024.

PDD Holdings (PDD) Revenue (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of Revenue data on file, last reported at $17.7 billion in Q4 2025.

  • Quarterly Revenue rose 16.93% year-over-year to $17.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $60.6 billion (up 10.86% YoY) and the FY2025 annual result came in at $61.8 billion, up 14.45% from the prior year.
  • Revenue improved to $17.7 billion in Q4 2025 per PDD's latest filing, from $15.2 billion in the prior quarter.
  • The five-year high for Revenue was $17.7 billion in Q4 2025, with the low at $3.3 billion in Q3 2021.
  • Average Revenue over 5 years is $9.2 billion, with a median of $8.3 billion recorded in 2023.
  • The widest YoY moves for Revenue: up 266.25% in 2021, down 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 increased by 21.05% to $15.2 billion in 2024, then rose by 16.93% to $17.7 billion in 2025.
  • Business Quant data shows PDD's Revenue at $17.7 billion in Q4 2025, $15.2 billion in Q3 2025, and $14.5 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Amazon Com 2,596.58 Bn 2,453.49 Bn 171.21 Bn 181.52 Bn
2 PDD Holdings 461.36 Bn 436.70 Bn 12.81 Bn 17.72 Bn
3 Zkh 323.97 Bn 323.97 Bn 286.49 Mn 306.44 Mn
4 Mercadolibre 88.32 Bn 82.67 Bn 3.86 Bn 8.85 Bn
5 DoorDash 82.24 Bn 77.38 Bn 2.04 Bn 4.04 Bn
6 Ebay 49.85 Bn 45.99 Bn 2.29 Bn 3.09 Bn
7 Coupang 33.12 Bn 33.03 Bn 2.30 Bn 8.50 Bn
8 Wayfair 12.46 Bn 11.40 Bn 880.00 Mn 2.93 Bn
9 Maplebear 10.73 Bn 10.04 Bn 738.00 Mn 1.02 Bn
10 Chewy 8.52 Bn 8.00 Bn 1.01 Bn 3.36 Bn

Historic Data

Download Data
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