PDD Holdings (PDD) Total Liabilities (2017 - 2025)
PDD Holdings' (PDD) quarterly Total Liabilities came in at $30.5 billion in Q4 2025, up 14.45% year-on-year from $26.7 billion in Q4 2024, and down 2.18% quarter-over-quarter from $31.2 billion in Q3 2025.
PDD Holdings (PDD) Total Liabilities (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Total Liabilities across 9 years of filings, most recently posting $30.5 billion for Q4 2025.
- Total Liabilities for Q4 2025 came in at $30.5 billion, up 14.45% year-over-year; the trailing twelve-month figure through Dec 2025 was $30.5 billion (up 14.45% YoY), and the FY2025 annual result was $31.0 billion, up 17.96% from the prior year.
- Total Liabilities came in at $30.5 billion for Q4 2025 at PDD Holdings, down from $31.2 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $31.2 billion in Q3 2025 to a low of $13.9 billion in Q1 2021.
- The 5-year median for Total Liabilities is $19.3 billion (2023), against an average of $20.8 billion.
- Across the five-year window, Total Liabilities surged 80.68% in 2021 and decreased 6.15% in 2022, its largest moves.
- PDD Holdings' Total Liabilities stood at $16.6 billion in 2021, then climbed by 1.12% to $16.8 billion in 2022, then jumped by 33.12% to $22.3 billion in 2023, then advanced by 19.48% to $26.7 billion in 2024, then climbed by 14.45% to $30.5 billion in 2025.
- The last three Total Liabilities figures came in at $30.5 billion (Q4 2025), $31.2 billion (Q3 2025), and $28.7 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,624.51 Bn | 2,481.43 Bn | 171.21 Bn | 474.72 Bn |
| 2 | Mercadolibre | 83.29 Bn | 77.64 Bn | 3.86 Bn | 39.65 Bn |
| 3 | DoorDash | 67.87 Bn | 63.01 Bn | 2.04 Bn | 9.50 Bn |
| 4 | PDD Holdings | 64.68 Bn | 40.01 Bn | 12.81 Bn | 30.55 Bn |
| 5 | Ebay | 48.60 Bn | 44.74 Bn | 2.29 Bn | 13.48 Bn |
| 6 | Coupang | 29.01 Bn | 28.92 Bn | 2.30 Bn | 13.47 Bn |
| 7 | Zkh | 16.33 Bn | 16.33 Bn | 285.30 Mn | 486,479.00 |
| 8 | Maplebear | 10.11 Bn | 9.42 Bn | 738.00 Mn | 941.00 Mn |
| 9 | Wayfair | 9.36 Bn | 8.30 Bn | 880.00 Mn | 5.71 Bn |
| 10 | Chewy | 8.44 Bn | 7.56 Bn | 959.70 Mn | 2.87 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 30.55 Bn |
| Sep 30, 2025 | 31.23 Bn |
| Jun 30, 2025 | 28.66 Bn |
| Mar 31, 2025 | 27.67 Bn |
| Dec 31, 2024 | 26.69 Bn |
| Sep 30, 2024 | 26.83 Bn |
| Jun 30, 2024 | 24.60 Bn |
| Mar 31, 2024 | 22.04 Bn |
| Dec 31, 2023 | 22.34 Bn |
| Sep 30, 2023 | 20.86 Bn |
| Jun 30, 2023 | 17.78 Bn |
| Mar 31, 2023 | 16.54 Bn |
| Dec 31, 2022 | 16.78 Bn |
| Sep 30, 2022 | 14.34 Bn |
| Jun 30, 2022 | 15.09 Bn |
| Mar 31, 2022 | 14.52 Bn |
| Dec 31, 2021 | 16.59 Bn |
| Sep 30, 2021 | 15.27 Bn |
| Jun 30, 2021 | 14.22 Bn |
| Mar 31, 2021 | 13.90 Bn |