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| Date | Value |
|---|---|
| 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 |