PDD Holdings Inc.
PDDNasdaqServices-Business Services, NECFiscal year ends December 31
$81.68+3.07 (+3.91%)
Close on Nov 2, 2026Market cap $116.26BP/E 8.3Yield –
PDD Income Tax Expenses (RMB million): -21,733M in FY2025, up 7.2% from a year earlier. That is the lowest of the 8 years on record here.
Latest, FY2025
-21,733
Period ended Dec 31, 2025
Change on a year earlier
+7.2%
-20,267 in FY2024
History
8 years
Since FY2018
Sources
7
Documents cited below
Where the FY2025 figure comes from
“|| Income tax expenses | (5,082,796 | ) | (8,446,316 | ) | (1,207,807 | ) | (20,266,781 | ) | (21,732,756 | ) | (3,107,743 | )”
Source: PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Income Tax Expenses (RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | -21,733 | +7.2% | PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗ |
| FY2024 | Dec 31, 2024 | -20,267 | +71.0% | PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗ |
| FY2023 | Dec 31, 2023 | -11,850 | +150.8% | PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗ |
| FY2022 | Dec 31, 2022 | -4,726 | +144.4% | PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗ |
| FY2021 | Dec 31, 2021 | -1,934 | – | PDD Holdings Inc. Form 6-K (tm2310024d1_ex99-1.htm, filed 2023-03-22) ↗ |
| FY2020 | Dec 31, 2020 | 0 | – | PDD Holdings Inc. Form 20-F (filed 2023-04-26) ↗ |
| FY2019 | Dec 31, 2019 | 0 | – | PDD Holdings Inc. Form 20-F (filed 2022-04-25) ↗ |
| FY2018 | Dec 31, 2018 | 0 | – | PDD Holdings Inc. Form 20-F (filed 2021-04-30) ↗ |
Breakdown
What makes up income Tax Expenses (RMB million)
- Income Tax Expenses (US$ million)-3,108 · FY2025
- Current Income Tax Expense (Note 17 XBRL — RMB million)21,915 · FY2025
- Deferred Income Tax Expense / Benefit (Note 17 XBRL — RMB million)-182 · FY2025
- Effective Income Tax Rate (Note 17 XBRL — %)18.2% · FY2025
- PRC Statutory Income Tax Rate (Note 17 XBRL — %)25.0% · FY2025
- PRC Operating Loss Carryforwards (Note 17 XBRL — RMB million)1,873 · FY2025
Cite this data
StockData. (2026). PDD Income Tax Expenses (RMB million) (M), annual FY2018–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-is-income-tax-rmb-m-264
See every metric in the PDD KPI table. Data updated Oct 27, 2026.