PDD Holdings (PDD) Share-based Compensation (2016 - 2025)
PDD Holdings' (PDD) quarterly Share-based Compensation came in at $1.8 billion in Q4 2025, up 3223.73% year-over-year from $54.4 million in Q4 2024, and up 3223.73% quarter-over-quarter from $54.4 million in Q4 2024.
Powered by 
Analysis
PDD Holdings (PDD) Share-based Compensation (2016 - 2025) Analysis & Trends
PDD Holdings has disclosed Share-based Compensation across 10 years of filings, most recently posting $1.8 billion for Q4 2025.
- In Q4 2025, Share-based Compensation rose 3223.73% year-over-year to $1.8 billion; the TTM figure through Dec 2025 stood at $1.8 billion (up 3223.73% YoY), while the FY2025 annual figure was $1.8 billion, down 26.84% from the prior year.
- Share-based Compensation came in at $1.8 billion for Q4 2025 at PDD Holdings, up from $54.4 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $1.8 billion in Q4 2025 to a low of $54.4 million in Q4 2024.
- Average Share-based Compensation over 5 years is $420.6 million, with a median of $71.9 million recorded in 2022.
- Year-over-year, Share-based Compensation tumbled 36.12% in 2022 and jumped 3223.73% in 2025.
- Over 5 years, Share-based Compensation stood at $112.6 million in 2021, then plunged by 36.12% to $71.9 million in 2022, then declined by 19.79% to $57.7 million in 2023, then slipped by 5.8% to $54.4 million in 2024, then jumped by 3223.73% to $1.8 billion in 2025.
- Per Business Quant data, the three most recent Share-based Compensation figures were $1.8 billion in Q4 2025, $54.4 million in Q4 2024, and $57.7 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 437.00 Mn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 123.00 Mn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | - |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 487.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 207.00 Mn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 182.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 114.00 Mn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 141.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 51.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.81 Bn |
| Dec 31, 2024 | 54.35 Mn |
| Dec 31, 2023 | 57.70 Mn |
| Dec 31, 2022 | 71.94 Mn |
| Dec 31, 2021 | 112.62 Mn |
| Dec 31, 2020 | 140.82 Mn |
| Dec 31, 2019 | 113.32 Mn |
| Sep 30, 2019 | 95.36 Mn |
| Dec 31, 2018 | 91.06 Mn |
| Jun 30, 2018 | -18.78 Mn |
| Dec 31, 2017 | 41.18 Mn |
| Dec 31, 2016 | 29.86 Mn |
API Access
PDD Holdings Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();