PDD Holdings (PDD) Tax Rate (2021 - 2025)

PDD Holdings' Tax Rate history runs 5 years deep, the most recent figure standing at 24.77% for Q4 2025.

• In Q4 2025, Tax Rate fell 829.0% year-over-year to 24.77%; the TTM figure through Dec 2025 stood at 18.15% (down 245.0% YoY), while the FY2025 annual figure was 18.35%, up 324.0% from the prior year.
• Tax Rate came in at 24.77% for Q4 2025 at PDD Holdings, down from 11.87% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 10.18% in Q4 2022 to a low of 30.84% in Q3 2021.
• A 5-year average of 17.52% and a median of 16.41% in 2024 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate soared 1751 bps in 2022 and slumped 1119 bps in 2025, its largest moves.
• PDD Holdings' Tax Rate stood at 13.79% in 2021, then advanced by 26 bps to 10.18% in 2022, then sank by 31 bps to 13.38% in 2023, then decreased by 23 bps to 16.49% in 2024, then sank by 50 bps to 24.77% in 2025.
• According to Business Quant data, Tax Rate over the past three periods registered 24.77%, 11.87%, and 13.44% for Q4 2025, Q3 2025, and Q2 2025 respectively.

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