PDD Holdings (PDD) Total Debt (2017 - 2025)

PDD Holdings' (PDD) quarterly Total Debt came in at $733.3 million in Q3 2025, little changed quarter-over-quarter from $731.0 million in Q2 2025.

PDD Holdings (PDD) Total Debt (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Total Debt across 9 years of filings, most recently posting $733.3 million for Q3 2025.

  • Total Debt for Q3 2025 came in at $733.3 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was $733.3 million (changed N/A YoY), and the FY2024 annual result was $727.4 million, up 696.3% from the prior year.
  • Total Debt came in at $733.3 million for Q3 2025 at PDD Holdings, roughly flat from $731.0 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $2.1 billion in Q2 2023 to a low of $34000.0 in Q2 2024.
  • The 5-year median for Total Debt is $732.2 million (2025), against an average of $943.1 million.
  • Across the five-year window, Total Debt slumped 100.0% in 2024 and surged 2149967.9% in 2025, its largest moves.
  • PDD Holdings' Total Debt stood at $307.0 million in 2021, then soared by 535.89% to $2.0 billion in 2022, then slumped by 95.39% to $90.1 million in 2023, then soared by 720.6% to $739.2 million in 2024, then slipped by 0.8% to $733.3 million in 2025.
  • The last three Total Debt figures came in at $733.3 million (Q3 2025), $731.0 million (Q2 2025), and $729.4 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 119.07 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 9.93 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 6.74 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 1.67 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 39,362.82
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 2.93 Bn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn -

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 739.18 Mn
Jun 30, 2024 34,000.00
Mar 31, 2024 10.24 Mn
Dec 31, 2023 90.08 Mn
Sep 30, 2023 1.97 Bn
Jun 30, 2023 2.06 Bn
Mar 31, 2023 2.00 Bn
Dec 31, 2022 1.95 Bn
Dec 31, 2021 307.03 Mn
Dec 31, 2020 510.90 Mn
Dec 31, 2019 213.23 Mn
Jun 30, 2019 447.85 Mn
Dec 31, 2018 69.15 Mn
Dec 31, 2017 11.50 Mn