PDD Holdings PDD
NASDAQ PDD
$83.20 -0.80 (-0.95%)
As of: Sep 1, 2026 · 2:30 PM EDT

PDD Holdings (PDD) Total Debt (2019 - 2025)

PDD Holdings (PDD) posted Total Debt of $153.2 million for Q4 2025, down 7.01% sequentially from $164.7 million in Q3 2025, and down 79.28% YoY from $739.2 million in Q4 2024.

Analysis

PDD Holdings (PDD) Total Debt (2019 - 2025) Analysis & Trends

PDD Holdings has reported Total Debt for 9 years, with the latest figure at $153.2 million in Q4 2025.

  • Quarterly Total Debt fell 79.28% year-over-year to $153.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $153.2 million (down 79.28% YoY) and the FY2025 annual result came in at $151.2 million, down 79.54% from the prior year.
  • Total Debt fell to $153.2 million in Q4 2025 per PDD's latest filing, from $164.7 million in the prior quarter.
  • Over five years, Total Debt peaked at $2.0 billion in Q4 2022 and troughed at $90.1 million in Q4 2023.
  • A 5-year average of $449.2 million and a median of $283.5 million in 2023 frame the typical range for Total Debt.
  • The sharpest annual moves came in 2023 and 2024: Total Debt tumbled 95.39% in 2023, then jumped 720.6% in 2024.
  • Over 5 years, Total Debt stood at $307.0 million in 2021, then surged by 535.89% to $2.0 billion in 2022, then slumped by 95.39% to $90.1 million in 2023, then surged by 720.6% to $739.2 million in 2024, then tumbled by 79.28% to $153.2 million in 2025.
  • According to Business Quant data, Total Debt over the past three periods registered $153.2 million, $164.7 million, and $162.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Amazon Com 2,746.20 Bn 2,623.21 Bn 198.88 Bn 133.00 Bn
2 PDD Holdings 116.28 Bn -48,010.13 Bn 9.45 Bn -
3 DoorDash 98.95 Bn 93.61 Bn 2.35 Bn -
4 Mercadolibre 98.90 Bn 83.71 Bn 4.16 Bn 10.63 Bn
5 Sea 67.51 Bn 59.11 Bn 3.55 Bn -
6 Ebay 46.90 Bn 43.59 Bn 2.30 Bn 6.74 Bn
7 JD.com 39.64 Bn 7.09 Bn 16.50 Bn 2.96 Bn
8 Coupang 28.35 Bn 22.24 Bn 2.49 Bn 2.60 Bn
9 Wayfair 12.44 Bn 11.30 Bn 1.05 Bn 2.84 Bn
10 Maplebear 11.73 Bn 10.88 Bn 751.00 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 733.29 Mn
Jun 30, 2025 731.02 Mn
Mar 31, 2025 729.38 Mn
Dec 31, 2024 739.17 Mn
Sep 30, 2024 722.19 Mn
Jun 30, 2024 727.20 Mn
Mar 31, 2024 743.22 Mn
Dec 31, 2023 816.67 Mn
Sep 30, 2023 2.21 Bn
Jun 30, 2023 2.29 Bn
Mar 31, 2023 2.23 Bn
Dec 31, 2022 2.17 Bn
Sep 30, 2022 2.30 Bn
Jun 30, 2022 2.22 Bn
Mar 31, 2022 2.21 Bn
Dec 31, 2021 1.84 Bn
Sep 30, 2021 1.81 Bn
Jun 30, 2021 1.76 Bn
Mar 31, 2021 1.77 Bn
Dec 31, 2020 2.18 Bn