PDD Holdings (PDD) Short term Debt (2022 - 2025)
PDD Holdings (PDD) posted Short term Debt of $153.2 million for Q4 2025, down 7.5% sequentially from $165.6 million in Q3 2025, and down 79.28% YoY from $739.2 million in Q4 2024.
Analysis
PDD Holdings (PDD) Short term Debt (2022 - 2025) Analysis & Trends
PDD Holdings has reported Short term Debt for 9 years, with the latest figure at $153.2 million in Q4 2025.
- Quarterly Short term Debt fell 79.28% year-over-year to $153.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $153.2 million (down 79.28% YoY) and the FY2025 annual result came in at $155.4 million, down 78.64% from the prior year.
- Short term Debt fell to $153.2 million in Q4 2025 per PDD's latest filing, from $165.6 million in the prior quarter.
- Over five years, Short term Debt peaked at $2.0 billion in Q4 2022 and troughed at $90.1 million in Q4 2023.
- A 5-year average of $447.7 million and a median of $281.7 million in 2023 frame the typical range for Short term Debt.
- The sharpest annual moves came in 2023 and 2024: Short term Debt tumbled 95.39% in 2023, then jumped 720.6% in 2024.
- Over 5 years, Short term Debt stood at $307.0 million in 2021, then surged by 535.89% to $2.0 billion in 2022, then slumped by 95.39% to $90.1 million in 2023, then surged by 720.6% to $739.2 million in 2024, then tumbled by 79.28% to $153.2 million in 2025.
- According to Business Quant data, Short term Debt over the past three periods registered $153.2 million, $165.6 million, and $162.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn |
| 10 | Maplebear | 11.74 Bn | 10.89 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 737.23 Mn |
| Jun 30, 2025 | 738.12 Mn |
| Mar 31, 2025 | 730.64 Mn |
| Dec 31, 2024 | 739.18 Mn |
| Jun 30, 2024 | 34,000.00 |
| Mar 31, 2024 | 10.24 Mn |
| Dec 31, 2023 | 90.08 Mn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 1.99 Bn |
| Mar 31, 2023 | 2.00 Bn |
| Dec 31, 2022 | 1.95 Bn |