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 Income Statement: Revenue (RMB million) by Year
Income Statement: Revenue (RMB million) (M)
PDD Income Statement: Revenue (RMB million): 431,846M in FY2025, up 9.7% from a year earlier. That is the highest of the 10 years on record here.
Latest, FY2025
431,846
Period ended Dec 31, 2025
Change on a year earlier
+9.7%
393,836 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 | Income Statement: Revenue (RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 431,846 | +9.7% | PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗ |
| FY2024 | Dec 31, 2024 | 393,836 | +59.0% | PDD Holdings Inc. Form 20-F (filed 2025-04-28) ↗ |
| FY2023 | Dec 31, 2023 | 247,639 | +89.7% | PDD Holdings Inc. Form 20-F (filed 2024-04-25) ↗ |
| FY2022 | Dec 31, 2022 | 130,558 | +39.0% | PDD Holdings Inc. Form 20-F (filed 2023-04-26) ↗ |
| FY2021 | Dec 31, 2021 | 93,950 | +57.9% | PDD Holdings Inc. Form 20-F (filed 2022-04-25) ↗ |
| FY2020 | Dec 31, 2020 | 59,492 | +97.4% | PDD Holdings Inc. Form 20-F (filed 2021-04-30) ↗ |
| FY2019 | Dec 31, 2019 | 30,142 | +129.7% | PDD Holdings Inc. Form 20-F (filed 2020-04-24) ↗ |
| FY2018 | Dec 31, 2018 | 13,120 | +652.3% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2017 | Dec 31, 2017 | 1,744 | +245.4% | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
| FY2016 | Dec 31, 2016 | 505 | – | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
Breakdown
What makes up income Statement: Revenue (RMB million)
- Income Statement: Cost of Revenue (RMB million)188,802 · FY2025
- Income Statement: Gross Profit (legacy FY2016–FY2022 — RMB million)99,095 · FY2022
- Income Statement: Selling and Marketing (RMB million)125,288 · FY2025
- Income Statement: Advertising Expense (RMB million)74,926 · FY2025
- Income Statement: Research and Development (RMB million)16,496 · FY2025
- Income Statement: General and Administrative (RMB million)8,158 · FY2025
- Income Statement: Operating Expenses (RMB million)149,942 · FY2025
- Income Statement: Operating Income (RMB million)93,102 · FY2025
- Income Statement: Interest Income (RMB million)25,584 · FY2025
- Income Statement: Interest Expense (legacy FY2019–FY2023 — RMB million)44 · FY2023
- Income Statement: Equity Method Income (RMB million)129 · FY2025
- Income Statement: Non-Operating Income (RMB million)2,727 · FY2025
- Income Statement: Pretax Income (RMB million)119,575 · FY2025
- Income Statement: Income Tax (RMB million)21,733 · FY2025
- Income Statement: Consolidated Net Income (RMB million)97,843 · FY2025
- Income Statement: Net Income (RMB million)97,843 · FY2025
- Income Statement: Net Income Attributable to Common Shareholders (RMB million)97,843 · FY2025
- Income Statement: Basic EPS (RMB/share)0 · FY2025
- DB KQKD: EPS Pha loãng (eps-diluted — RMB/CP)0 · FY2025
- Income Statement: Basic Shares (million shares)5,591 · FY2025
- Income Statement: Diluted Shares (million shares)5,930 · FY2025
Cite this data
StockData. (2026). PDD Income Statement: Revenue (RMB million) (M), annual FY2016–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/revenue-439
See every metric in the PDD KPI table. Data updated Oct 27, 2026.