PDD Holdings Inc. (PDD) operating KPIs
PDDNasdaqServices-Business Services, NECFiscal year ends December 31
$78.61−0.67 (-0.85%)
Close on Oct 30, 2026Market cap $111.89BP/E 7.9Yield –
PDD dB KQKD: Chi phí Nghiên cứu & Phát triển (research-and-development — RMB triệu) (M)
Annual figures from PDD's filings and investor materials
Latest, FY2025
16,496
Period ended Dec 31, 2025
Change on a year earlier
+30.3%
12,659 in FY2024
History
10 years
Since FY2016
Sources
8
Documents cited below
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | DB KQKD: Chi phí Nghiên cứu & Phát triển (research-and-development — RMB triệu) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 16,496 | +30.3% | PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗ |
| FY2024 | Dec 31, 2024 | 12,659 | +15.6% | PDD Holdings Inc. Form 20-F (filed 2025-04-28) ↗ |
| FY2023 | Dec 31, 2023 | 10,952 | +5.5% | PDD Holdings Inc. Form 20-F (filed 2024-04-25) ↗ |
| FY2022 | Dec 31, 2022 | 10,385 | +15.5% | PDD Holdings Inc. Form 20-F (filed 2023-04-26) ↗ |
| FY2021 | Dec 31, 2021 | 8,993 | +30.5% | PDD Holdings Inc. Form 20-F (filed 2022-04-25) ↗ |
| FY2020 | Dec 31, 2020 | 6,892 | +78.1% | PDD Holdings Inc. Form 20-F (filed 2021-04-30) ↗ |
| FY2019 | Dec 31, 2019 | 3,870 | +246.8% | PDD Holdings Inc. Form 20-F (filed 2020-04-24) ↗ |
| FY2018 | Dec 31, 2018 | 1,116 | +763.9% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2017 | Dec 31, 2017 | 129 | +339.5% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2016 | Dec 31, 2016 | 29.4 | – | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
Cite this data
StockData. (2026). PDD DB KQKD: Chi phí Nghiên cứu & Phát triển (research-and-development — RMB triệu) (M), annual FY2016–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/research_and_development_422
See every metric in the PDD KPI table. Data updated Oct 27, 2026.