PDD Holdings Inc.
PDDNasdaqServices-Business Services, NECFiscal year ends December 31
$81.68+3.07 (+3.91%)
Close on Nov 2, 2026Market cap $116.26BP/E 8.3Yield –
PDD Cash Flow Statement: Operating Cash Flow by Year
Cash Flow Statement: Operating Cash Flow (RMB million) (M)
PDD Cash Flow Statement: Operating Cash Flow: 106,939M in FY2025, down 12.3% from a year earlier.
Latest, FY2025
106,939
Period ended Dec 31, 2025
Change on a year earlier
-12.3%
121,929 in FY2024
History
10 years
Since FY2016
Sources
8
Documents cited below
Where the FY2025 figure comes from
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Cash Flow Statement: Operating Cash Flow (RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 106,939 | -12.3% | PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗ |
| FY2024 | Dec 31, 2024 | 121,929 | +29.5% | PDD Holdings Inc. Form 20-F (filed 2025-04-28) ↗ |
| FY2023 | Dec 31, 2023 | 94,163 | +94.1% | PDD Holdings Inc. Form 20-F (filed 2024-04-25) ↗ |
| FY2022 | Dec 31, 2022 | 48,508 | +68.5% | PDD Holdings Inc. Form 20-F (filed 2023-04-26) ↗ |
| FY2021 | Dec 31, 2021 | 28,783 | +2.1% | PDD Holdings Inc. Form 20-F (filed 2022-04-25) ↗ |
| FY2020 | Dec 31, 2020 | 28,197 | +90.2% | PDD Holdings Inc. Form 20-F (filed 2021-04-30) ↗ |
| FY2019 | Dec 31, 2019 | 14,821 | +90.8% | PDD Holdings Inc. Form 20-F (filed 2020-04-24) ↗ |
| FY2018 | Dec 31, 2018 | 7,768 | -19.8% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2017 | Dec 31, 2017 | 9,686 | +1,001.0% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2016 | Dec 31, 2016 | 880 | – | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
Breakdown
What makes up cash Flow Statement: Operating Cash Flow
- Cash Flow Statement: Depreciation and Amortization (RMB million)602 · FY2025
- Cash Flow Statement: Stock-Based Compensation (RMB million)7,937 · FY2025
- Cash Flow Statement: Deferred Income Taxes (RMB million)-182 · FY2025
- Cash Flow Statement: Change in Receivables (RMB million)-1,524 · FY2025
- Cash Flow Statement: Investing Cash Flow (RMB million)-43,423 · FY2025
- Cash Flow Statement: Capital Expenditure (sign reversed to positive — legacy FY2016–FY2020 — RMB million)43 · FY2020
- Cash Flow Statement: Other Investing (RMB million)0.20 · FY2025
- Cash Flow Statement: Financing Cash Flow (RMB million)-5,227 · FY2025
- Cash Flow Statement: Other Financing (RMB million)1.40 · FY2025
- Cash Flow Statement: FX Effect (RMB million)-1,751 · FY2025
- Cash Flow Statement: Net Change in Cash (RMB million)56,537 · FY2025
- Cash Flow Statement: Income Taxes Paid (RMB million)21,603 · FY2025
Cite this data
StockData. (2026). PDD Cash Flow Statement: Operating Cash Flow (M), annual FY2016–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/operating-cash-flow-480
See every metric in the PDD KPI table. Data updated Oct 27, 2026.