PDD Holdings (PDD) Share-based Compensation (2016 - 2025)
PDD Holdings (PDD) posted Share-based Compensation of $1.8 billion for Q4 2025, down 29.02% sequentially from $2.5 billion in Q4 2024, and down 29.02% YoY from $2.5 billion in Q4 2024.
Analysis
PDD Holdings (PDD) Share-based Compensation (2016 - 2025) Analysis & Trends
PDD Holdings has reported Share-based Compensation for 8 years, with the latest figure at $1.8 billion in Q4 2025.
- Quarterly Share-based Compensation fell 29.02% year-over-year to $1.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.8 billion (down 29.02% YoY) and the FY2025 annual result came in at $1.8 billion, down 26.84% from the prior year.
- Share-based Compensation declined to $1.8 billion in Q4 2025 per PDD's latest filing, from $2.5 billion in the prior quarter.
- Over five years, Share-based Compensation peaked at $3.0 billion in Q4 2023 and troughed at $1.2 billion in Q4 2022.
- A 5-year average of $2.0 billion and a median of $1.8 billion in 2025 frame the typical range for Share-based Compensation.
- The sharpest annual moves came in 2021 and 2025: Share-based Compensation surged 1025.72% in 2021, then fell 29.02% in 2025.
- Over 5 years, Share-based Compensation stood at $1.6 billion in 2021, then declined by 23.9% to $1.2 billion in 2022, then jumped by 149.53% to $3.0 billion in 2023, then declined by 15.45% to $2.5 billion in 2024, then slipped by 29.02% to $1.8 billion in 2025.
- According to Business Quant data, Share-based Compensation over the past three periods registered $1.8 billion, $2.5 billion, and $3.0 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn | 10.07 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | - |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn | 349.00 Mn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn | 207.00 Mn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn | - |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn | 182.00 Mn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | - |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn | 161.00 Mn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn | 69.00 Mn |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn | 141.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.81 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Dec 31, 2024 | 54.35 Mn |
| Dec 31, 2024 | 54.35 Mn |
| Dec 31, 2023 | 57.70 Mn |
| Dec 31, 2023 | 57.70 Mn |
| Dec 31, 2022 | 71.94 Mn |
| Dec 31, 2022 | 71.94 Mn |
| Dec 31, 2021 | 112.62 Mn |
| Dec 31, 2021 | 112.62 Mn |
| Dec 31, 2020 | 140.82 Mn |
| Dec 31, 2020 | 140.82 Mn |
| Dec 31, 2019 | 113.32 Mn |
| Dec 31, 2019 | 113.32 Mn |
| Sep 30, 2019 | 95.36 Mn |
| Sep 30, 2019 | 95.36 Mn |
| Dec 31, 2018 | 91.06 Mn |
| Dec 31, 2018 | 91.06 Mn |
| Jun 30, 2018 | -18.78 Mn |
| Jun 30, 2018 | -18.78 Mn |