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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 Year

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

PDD SBC in Costs of Revenues (RMB million): 248M in FY2025, down 39.9% from a year earlier.

Latest, FY2025
248
Period ended Dec 31, 2025
Change on a year earlier
-39.9%
413 in FY2024
History
9 years
Since FY2017
Sources
8
Documents cited below

Where the FY2025 figure comes from

“|| Costs of revenues | 312,776 | 45,104 | 6,450 | 412,721 | 248,210 | 35,494”

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

Cite this data

StockData. (2026). PDD SBC in Costs of Revenues (RMB million) (M), annual FY2017–FY2025 [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.