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PDD Holdings Inc.

PDDNasdaqServices-Business Services, NECFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026Score 11/30
$81.68+3.07 (+3.91%)

Close on Nov 2, 2026Market cap $116.26BP/E 8.2Yield –

PDD 1. Sales and Marketing Expenses (RMB million) by Quarter

1. Sales and Marketing Expenses (RMB million) (M)

QuarterlyAnnual

PDD 1. Sales and Marketing Expenses (RMB million): -29,668M in Q2 2026, up 9.0% from a year earlier.

Latest, Q2 2026
-29,668
Period ended Jun 30, 2026
Change on a year earlier
+9.0%
-27,210 in Q2 2025
History
37 quarters
Since Q2 2017
Sources
31
Documents cited below

Where the Q2 2026 figure comes from

“|| Sales and marketing expenses | (27,210 | ) | (29,668 | ) | (4,373 | ) | (60,613 | ) | (63,441 | ) | (9,350 | )”

Source: PDD Holdings Inc. Form 6-K (tm2623874d1_ex99-1.htm, filed 2026-08-25) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEnded1. Sales and Marketing Expenses (RMB million) (M)Year on yearSource
Q2 2026Jun 30, 2026-29,668+9.0%PDD Holdings Inc. Form 6-K (tm2623874d1_ex99-1.htm, filed 2026-08-25) ↗
Q1 2026Mar 31, 2026-33,773+1.1%PDD Holdings Inc. Form 6-K (tm2615739d1_ex99-1.htm, filed 2026-05-28) ↗
Q4 2025Dec 31, 2025-34,352+9.6%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Q3 2025Sep 30, 2025-30,323-0.5%PDD Holdings Inc. Form 6-K (tm2531580d1_ex99-1.htm, filed 2025-11-18) ↗
Q2 2025Jun 30, 2025-27,210+4.5%PDD Holdings Inc. Form 6-K (tm2623874d1_ex99-1.htm, filed 2026-08-25) ↗
Q1 2025Mar 31, 2025-33,403+42.7%PDD Holdings Inc. Form 6-K (tm2615739d1_ex99-1.htm, filed 2026-05-28) ↗
Q4 2024Dec 31, 2024-31,357+17.7%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Q3 2024Sep 30, 2024-30,484+40.2%PDD Holdings Inc. Form 6-K (tm2531580d1_ex99-1.htm, filed 2025-11-18) ↗
Q2 2024Jun 30, 2024-26,049+48.5%PDD Holdings Inc. Form 6-K (tm2524268d1_ex99-1.htm, filed 2025-08-25) ↗
Q1 2024Mar 31, 2024-23,411+44.0%PDD Holdings Inc. Form 6-K (tm2516198d1_ex99-1.htm, filed 2025-05-27) ↗
Q4 2023Dec 31, 2023-26,639+50.2%PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗
Q3 2023Sep 30, 2023-21,748+54.8%PDD Holdings Inc. Form 6-K (tm2429127d1_ex99-1.htm, filed 2024-11-21) ↗
Q2 2023Jun 30, 2023-17,542+54.6%PDD Holdings Inc. Form 6-K (tm2422641d1_ex99-1.htm, filed 2024-08-26) ↗
Q1 2023Mar 31, 2023-16,260+44.9%PDD Holdings Inc. Form 6-K (tm2415048d1_ex99-1.htm, filed 2024-05-22) ↗
Q4 2022Dec 31, 2022-17,732+56.0%PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗
Q3 2022Sep 30, 2022-14,049+39.8%PDD Holdings Inc. Form 6-K (tm2331648d1_ex99-1.htm, filed 2023-11-28) ↗

Breakdown

What makes up 1. Sales and Marketing Expenses (RMB million)

Cite this data

StockData. (2026). PDD 1. Sales and Marketing Expenses (RMB million) (M), quarterly Q2 2017–Q2 2026 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-is-sales-and-marketing-rmb-m-234

See every metric in the PDD KPI table. Data updated Oct 27, 2026.