PDD Holdings (PDD) Tax Rate (2021 - 2026)
PDD Holdings' (PDD) quarterly Tax Rate came in at 14.82% in Q2 2026, down 138.0% year-over-year from 38.99% in Q2 2025, and up 32.16% quarter-over-quarter from 21.84% in Q1 2026.
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Analysis
PDD Holdings (PDD) Tax Rate (2021 - 2026) Analysis & Trends
PDD Holdings has disclosed Tax Rate across 6 years of filings, most recently posting 14.82% for Q2 2026.
- In Q2 2026, Tax Rate fell 138.0% year-over-year to 14.82%; the TTM figure through Jun 2026 stood at 17.77% (down 122.0% YoY), while the FY2025 annual figure was 18.19%, down 292.0% from the prior year.
- Tax Rate came in at 14.82% for Q2 2026 at PDD Holdings, up from 21.84% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 10.17% in Q4 2022 to a low of 27.52% in Q1 2025.
- Average Tax Rate over 5 years is 16.88%, with a median of 15.96% recorded in 2024.
- Year-over-year, Tax Rate soared 2267 bps in 2022 and slumped 1134 bps in 2025.
- Over 5 years, Tax Rate stood at 10.17% in 2022, then sank by 32 bps to 13.38% in 2023, then dropped by 23 bps to 16.49% in 2024, then plunged by 50 bps to 24.77% in 2025, then jumped by 40 bps to 14.82% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 14.82% in Q2 2026, 21.84% in Q1 2026, and 24.77% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -48.43% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 23.83% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -14.82% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 9.03% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 23.10% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 16.99% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 14.80% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 24.49% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -19.33% |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 15.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.82% |
| Mar 31, 2026 | -21.84% |
| Dec 31, 2025 | -24.77% |
| Sep 30, 2025 | -11.93% |
| Jun 30, 2025 | -13.44% |
| Mar 31, 2025 | -27.52% |
| Dec 31, 2024 | -16.49% |
| Sep 30, 2024 | -14.44% |
| Jun 30, 2024 | -15.75% |
| Mar 31, 2024 | -16.18% |
| Dec 31, 2023 | -13.38% |
| Sep 30, 2023 | -18.53% |
| Jun 30, 2023 | -20.31% |
| Mar 31, 2023 | -18.94% |
| Dec 31, 2022 | -10.17% |
| Sep 30, 2022 | -12.81% |
| Jun 30, 2022 | -14.83% |
| Mar 31, 2022 | -17.66% |
| Dec 31, 2021 | -14.04% |
| Sep 30, 2021 | -35.47% |
API Access
PDD Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();