PDD Holdings (PDD) Total Non-Current Liabilities (2018 - 2025)

PDD Holdings (PDD) posted Total Non-Current Liabilities of $412.0 million for Q4 2025, down 5.49% sequentially from $435.9 million in Q3 2025, and down 10.28% YoY from $459.2 million in Q4 2024.

PDD Holdings (PDD) Total Non-Current Liabilities (2018 - 2025) Analysis & Trends

PDD Holdings has reported Total Non-Current Liabilities for 8 years, with the latest figure at $412.0 million in Q4 2025.

  • Quarterly Total Non-Current Liabilities fell 10.28% year-over-year to $412.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $412.0 million (down 10.28% YoY) and the FY2025 annual result came in at $417.8 million, down 7.53% from the prior year.
  • Total Non-Current Liabilities declined to $412.0 million in Q4 2025 per PDD's latest filing, from $435.9 million in the prior quarter.
  • Over five years, Total Non-Current Liabilities peaked at $2.3 billion in Q3 2022 and troughed at $345.8 million in Q4 2022.
  • A 5-year average of $1.1 billion and a median of $1.1 billion in 2024 frame the typical range for Total Non-Current Liabilities.
  • The widest YoY moves for Total Non-Current Liabilities: up 218.7% in 2023, down 83.92% in 2023.
  • Over 5 years, Total Non-Current Liabilities stood at $1.9 billion in 2021, then tumbled by 82.12% to $345.8 million in 2022, then soared by 218.7% to $1.1 billion in 2023, then plunged by 58.34% to $459.2 million in 2024, then dropped by 10.28% to $412.0 million in 2025.
  • According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $412.0 million, $435.9 million, and $464.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 Amazon Com 2,938.11 Bn 2,815.12 Bn 198.88 Bn 1,016.13 Bn
2 PDD Holdings 506.15 Bn 446.60 Bn 9.83 Bn 411.98 Mn
3 Mercadolibre 98.09 Bn 82.90 Bn 4.16 Bn 7.15 Bn
4 DoorDash 93.45 Bn 88.10 Bn 2.35 Bn 9.35 Bn
5 JD.com 87.02 Bn 57.84 Bn 7.66 Bn 13.85 Bn
6 Sea 77.91 Bn 69.39 Bn 3.15 Bn 2.44 Bn
7 Ebay 47.32 Bn 44.01 Bn 2.30 Bn 12.76 Bn
8 Coupang 29.67 Bn 23.56 Bn 2.49 Bn 13.73 Bn
9 Zkh 16.25 Bn 16.25 Bn 51.11 Mn 23,320.00
10 Wayfair 13.69 Bn 12.55 Bn 1.05 Bn 5.75 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 411.98 Mn
Sep 30, 2025 435.90 Mn
Jun 30, 2025 464.87 Mn
Mar 31, 2025 521.88 Mn
Dec 31, 2024 459.18 Mn
Sep 30, 2024 1.18 Bn
Jun 30, 2024 1.09 Bn
Mar 31, 2024 1.07 Bn
Dec 31, 2023 1.10 Bn
Sep 30, 2023 558.78 Mn
Jun 30, 2023 406.44 Mn
Mar 31, 2023 368.91 Mn
Dec 31, 2022 345.82 Mn
Sep 30, 2022 2.33 Bn
Jun 30, 2022 2.30 Bn
Mar 31, 2022 2.29 Bn
Dec 31, 2021 1.93 Bn
Sep 30, 2021 1.88 Bn
Jun 30, 2021 1.82 Bn
Mar 31, 2021 1.82 Bn