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
DateValue
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