PDD Holdings (PDD) Share-based Compensation (2018 - 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.
PDD Holdings (PDD) Share-based Compensation (2018 - 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.97 Bn | 2,801.98 Bn | 198.88 Bn | 10.07 Bn |
| 2 | PDD Holdings | 506.99 Bn | 447.44 Bn | 9.83 Bn | 1.81 Bn |
| 3 | Mercadolibre | 97.49 Bn | 82.30 Bn | 4.16 Bn | 207.00 Mn |
| 4 | DoorDash | 92.70 Bn | 87.35 Bn | 2.35 Bn | 349.00 Mn |
| 5 | JD.com | 87.54 Bn | 58.36 Bn | 7.66 Bn | - |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | 182.00 Mn |
| 8 | Coupang | 29.78 Bn | 23.67 Bn | 2.49 Bn | 161.00 Mn |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.68 Bn | 12.53 Bn | 1.05 Bn | 69.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.81 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Dec 31, 2024 | 2.54 Bn |
| Dec 31, 2024 | 2.54 Bn |
| Dec 31, 2023 | 3.01 Bn |
| Dec 31, 2023 | 3.01 Bn |
| Dec 31, 2022 | 1.21 Bn |
| Dec 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Dec 31, 2021 | 1.59 Bn |
| 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 | 1.18 Bn |
| Dec 31, 2018 | 1.18 Bn |
| Jun 30, 2018 | -18.78 Mn |
| Jun 30, 2018 | -18.78 Mn |