PDD Holdings Inc. (PDD) Tax Rate (2017 - 2025)

PDD Holdings (PDD) posted Tax Rate of 24.77% for Q4 2025, down 107.63% sequentially from 11.93% in Q3 2025, and down 829.0% YoY from 3.4% in Q4 2024.

PDD Holdings Inc. (PDD) Tax Rate (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of Tax Rate data on file, last reported at 24.77% in Q4 2025.

  • Quarterly Tax Rate fell 829.0% year-over-year to 24.77% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 18.18% (down 246.0% YoY) and the FY2025 annual result came in at 18.35%, up 324.0% from the prior year.
  • Tax Rate retreated to 24.77% in Q4 2025 per PDD's latest filing, from 11.93% in the prior quarter.
  • The five-year high for Tax Rate was 49.16% in Q2 2021, with the low at 35.47% in Q3 2021.
  • Average Tax Rate over 5 years is 14.99%, with a median of 15.96% recorded in 2024.
  • Year-over-year, Tax Rate tumbled 14980 bps in 2021 and soared 2267 bps in 2022.
  • PDD Holdings' Tax Rate stood at 14.04% in 2021, then climbed by 28 bps to 10.17% in 2022, then plunged by 32 bps to 13.38% in 2023, then retreated by 23 bps to 16.49% in 2024, then tumbled by 50 bps to 24.77% in 2025.
  • Business Quant data shows PDD's Tax Rate at 24.77% in Q4 2025, 11.93% in Q3 2025, and 13.44% in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 -24.77
Dec 31, 2025 -24.77
Sep 30, 2025 -11.93
Sep 30, 2025 -11.93
Jun 30, 2025 -13.31
Jun 30, 2025 -13.31
Mar 31, 2025 -27.52
Mar 31, 2025 -27.52
Dec 31, 2024 -16.49
Dec 31, 2024 -16.49
Sep 30, 2024 -14.44
Sep 30, 2024 -14.44
Jun 30, 2024 -15.75
Jun 30, 2024 -15.75
Mar 31, 2024 -16.18
Mar 31, 2024 -16.18
Dec 31, 2023 -13.38
Dec 31, 2023 -13.38
Sep 30, 2023 -18.53
Sep 30, 2023 -18.53