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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 8.3Yield –

PDD SBC in Costs of Revenues (RMB million) by Quarter

SBC in Costs of Revenues (RMB million) (M)

QuarterlyAnnual

PDD SBC in Costs of Revenues (RMB million): 46M in Q2 2026, down 29.2% from a year earlier.

Latest, Q2 2026
46
Period ended Jun 30, 2026
Change on a year earlier
-29.2%
65 in Q2 2025
History
37 quarters
Since Q2 2017
Sources
33
Documents cited below

Where the Q2 2026 figure comes from

“|| Costs of revenues | 65 | 46 | 7 | 122 | 74 | 11”

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

PeriodEndedSBC in Costs of Revenues (RMB million) (M)Year on yearSource
Q2 2026Jun 30, 202646-29.2%PDD Holdings Inc. Form 6-K (tm2623874d1_ex99-1.htm, filed 2026-08-25) ↗
Q1 2026Mar 31, 202628-50.9%PDD Holdings Inc. Form 6-K (tm2615739d1_ex99-1.htm, filed 2026-05-28) ↗
Q4 2025Dec 31, 202545.1-85.6%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Q3 2025Sep 30, 202581.8+83.0%PDD Holdings Inc. Form 6-K (tm2531580d1_ex99-1.htm, filed 2025-11-18) ↗
Q2 2025Jun 30, 202565+72.4%PDD Holdings Inc. Form 6-K (tm2623874d1_ex99-1.htm, filed 2026-08-25) ↗
Q1 2025Mar 31, 202557+225.7%PDD Holdings Inc. Form 6-K (tm2615739d1_ex99-1.htm, filed 2026-05-28) ↗
Q4 2024Dec 31, 2024313+574.1%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Q3 2024Sep 30, 202444.7+119.1%PDD Holdings Inc. Form 6-K (tm2531580d1_ex99-1.htm, filed 2025-11-18) ↗
Q2 2024Jun 30, 202437.7+33.2%PDD Holdings Inc. Form 6-K (tm2524268d1_ex99-1.htm, filed 2025-08-25) ↗
Q1 2024Mar 31, 202417.5-53.2%PDD Holdings Inc. Form 6-K (tm2516198d1_ex99-1.htm, filed 2025-05-27) ↗
Q4 2023Dec 31, 202346.4+293.2%PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗
Q3 2023Sep 30, 202320.4+251.7%PDD Holdings Inc. Form 6-K (tm2429127d1_ex99-1.htm, filed 2024-11-21) ↗
Q2 2023Jun 30, 202328.3+304.3%PDD Holdings Inc. Form 6-K (tm2422641d1_ex99-1.htm, filed 2024-08-26) ↗
Q1 2023Mar 31, 202337.4+306.5%PDD Holdings Inc. Form 6-K (tm2415048d1_ex99-1.htm, filed 2024-05-22) ↗
Q4 2022Dec 31, 202211.8+107.0%PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗
Q3 2022Sep 30, 20225.80-36.3%PDD Holdings Inc. Form 6-K (tm2331648d1_ex99-1.htm, filed 2023-11-28) ↗

Cite this data

StockData. (2026). PDD SBC in Costs of Revenues (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-sbc-cost-of-revenues-rmb-m-283

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