PDD Holdings (PDD) Tax Rate (2021 - 2026)

PDD Holdings has reported Tax Rate for 7 years, with the latest figure at 29.59% in Q4 2025.

• Quarterly Tax Rate fell 1310.0% year-over-year to 29.59% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 19.02% (down 325.0% YoY) and the FY2025 annual result came in at 25.03%, up 975.0% from the prior year.
• Tax Rate eased to 29.59% in Q4 2025 per PDD's latest filing, from 11.93% in the prior quarter.
• Over five years, Tax Rate peaked at 10.71% in Q4 2022 and troughed at 35.47% in Q3 2021.
• A 5-year average of 17.92% and a median of 16.07% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2025: Tax Rate surged 11003 bps in 2021, then tumbled 1310 bps in 2025.
• Over 5 years, Tax Rate stood at 14.04% in 2021, then increased by 24 bps to 10.71% in 2022, then dropped by 29 bps to 13.82% in 2023, then fell by 19 bps to 16.49% in 2024, then plunged by 79 bps to 29.59% in 2025.
• According to Business Quant data, Tax Rate over the past three periods registered 29.59%, 11.93%, and 13.31% for Q4 2025, Q3 2025, and Q2 2025 respectively.