PDD Holdings (PDD) Total Debt (2017 - 2026)
PDD Holdings' (PDD) quarterly Total Debt came in at $185.9 million in Q2 2026, down 79.14% year-over-year from $891.5 million in Q2 2025, and up 2.7% quarter-over-quarter from $181.0 million in Q1 2026.
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Analysis
PDD Holdings (PDD) Total Debt (2017 - 2026) Analysis & Trends
PDD Holdings has disclosed Total Debt across 10 years of filings, most recently posting $185.9 million for Q2 2026.
- In Q2 2026, Total Debt fell 79.14% year-over-year to $185.9 million; the TTM figure through Jun 2026 stood at $185.9 million (down 79.14% YoY), while the FY2025 annual figure was $155.4 million, down 81.44% from the prior year.
- Total Debt came in at $185.9 million for Q2 2026 at PDD Holdings, up from $181.0 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $2.3 billion in Q2 2023 to a low of $150.1 million in Q3 2024.
- Average Total Debt over 5 years is $831.2 million, with a median of $379.3 million recorded in 2022.
- Year-over-year, Total Debt jumped 1404473.82% in 2022 and plunged 93.37% in 2024.
- Over 5 years, Total Debt stood at $2.2 billion in 2022, then tumbled by 88.02% to $262.1 million in 2023, then surged by 224.58% to $850.8 million in 2024, then tumbled by 81.99% to $153.3 million in 2025, then increased by 21.31% to $185.9 million in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $185.9 million in Q2 2026, $181.0 million in Q1 2026, and $153.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 12.72 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 20.18 Bn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 185.93 Mn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 2.48 Bn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 10.63 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 6.74 Bn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 5.46 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | - |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 3.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 185.93 Mn |
| Mar 31, 2026 | 181.04 Mn |
| Dec 31, 2025 | 153.26 Mn |
| Sep 30, 2025 | 898.03 Mn |
| Jun 30, 2025 | 891.47 Mn |
| Mar 31, 2025 | 882.07 Mn |
| Dec 31, 2024 | 850.81 Mn |
| Sep 30, 2024 | 150.11 Mn |
| Jun 30, 2024 | 159.17 Mn |
| Mar 31, 2024 | 201.92 Mn |
| Dec 31, 2023 | 262.13 Mn |
| Sep 30, 2023 | 2.26 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | 2.29 Bn |
| Dec 31, 2022 | 2.19 Bn |
| Sep 30, 2022 | 380.20 Mn |
| Jun 30, 2022 | 378.34 Mn |
| Mar 31, 2022 | 321.38 Mn |
| Dec 31, 2021 | 155,783.95 |
| Sep 30, 2021 | 1.12 Bn |
API Access
PDD Holdings Total Debt 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=total-debt&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();