PDD Holdings (PDD) Tax Provisions (2021 - 2025)
PDD Holdings' (PDD) quarterly Tax Provisions came in at -$1.2 billion in Q4 2025, down 73.45% year-on-year from -$4.5 billion in Q4 2024, and down 115.68% quarter-over-quarter from -$560.0 million in Q3 2025.
PDD Holdings (PDD) Tax Provisions (2021 - 2025) Analysis & Trends
PDD Holdings has disclosed Tax Provisions across 5 years of filings, most recently posting -$1.2 billion for Q4 2025.
- Tax Provisions for Q4 2025 came in at -$1.2 billion, down 73.45% year-over-year; the trailing twelve-month figure through Dec 2025 was -$3.1 billion (down 8.79% YoY), and the FY2025 annual result was $3.1 billion, up 14.12% from the prior year.
- Tax Provisions came in at -$1.2 billion for Q4 2025 at PDD Holdings, down from -$560.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of -$89.1 million in Q1 2022 to a low of -$1.2 billion in Q4 2025.
- The 5-year median for Tax Provisions is -$492.9 million (2023), against an average of -$473.2 million.
- Across the five-year window, Tax Provisions sank 226.39% in 2023 and increased 17.35% in 2025, its largest moves.
- PDD Holdings' Tax Provisions stood at -$169.3 million in 2021, then advanced by 8.74% to -$154.5 million in 2022, then tumbled by 226.39% to -$504.3 million in 2023, then plunged by 38.09% to -$696.3 million in 2024, then sank by 73.45% to -$1.2 billion in 2025.
- The last three Tax Provisions figures came in at -$1.2 billion (Q4 2025), -$560.0 million (Q3 2025), and -$672.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 9.56 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 162.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 8.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -1.21 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 106.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 11.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -75,000.00 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 1.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 44.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 36.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.21 Bn |
| Sep 30, 2025 | -560.01 Mn |
| Jun 30, 2025 | -672.70 Mn |
| Mar 31, 2025 | -617.48 Mn |
| Dec 31, 2024 | -696.34 Mn |
| Sep 30, 2024 | -598.73 Mn |
| Jun 30, 2024 | -813.88 Mn |
| Mar 31, 2024 | -701.88 Mn |
| Dec 31, 2023 | -504.26 Mn |
| Sep 30, 2023 | -481.56 Mn |
| Jun 30, 2023 | -435.57 Mn |
| Mar 31, 2023 | -232.65 Mn |
| Dec 31, 2022 | -154.50 Mn |
| Sep 30, 2022 | -216.09 Mn |
| Jun 30, 2022 | -232.61 Mn |
| Mar 31, 2022 | -89.10 Mn |
| Dec 31, 2021 | -169.29 Mn |
| Sep 30, 2021 | -132.66 Mn |