PDD Holdings (PDD) Short term Debt (2017 - 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.

PDD Holdings (PDD) Short term Debt (2017 - 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,938.11 Bn 2,815.12 Bn 198.88 Bn
2 PDD Holdings 506.15 Bn 446.60 Bn 9.83 Bn
3 Mercadolibre 98.09 Bn 82.90 Bn 4.16 Bn
4 DoorDash 93.45 Bn 88.10 Bn 2.35 Bn
5 JD.com 87.02 Bn 57.84 Bn 7.66 Bn
6 Sea 77.91 Bn 69.39 Bn 3.15 Bn
7 Ebay 47.32 Bn 44.01 Bn 2.30 Bn
8 Coupang 29.67 Bn 23.56 Bn 2.49 Bn
9 Zkh 16.25 Bn 16.25 Bn 51.11 Mn
10 Wayfair 13.69 Bn 12.55 Bn 1.05 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 153.19 Mn
Sep 30, 2025 165.62 Mn
Jun 30, 2025 162.00 Mn
Mar 31, 2025 152.95 Mn
Dec 31, 2024 739.18 Mn
Sep 30, 2024 153.31 Mn
Jun 30, 2024 158.52 Mn
Mar 31, 2024 189.73 Mn
Dec 31, 2023 90.08 Mn
Sep 30, 2023 278.07 Mn
Jun 30, 2023 252.65 Mn
Mar 31, 2023 285.40 Mn
Dec 31, 2022 1.95 Bn
Sep 30, 2022 365.58 Mn
Jun 30, 2022 372.47 Mn
Mar 31, 2022 321.76 Mn
Dec 31, 2021 307.03 Mn
Sep 30, 2021 1.12 Bn
Jun 30, 2021 984.41 Mn
Mar 31, 2021 745.64 Mn