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 Contract Liability Recognized (RMB million) by Year
Contract Liability Recognized (RMB million) (M)
PDD Contract Liability Recognized (RMB million): 7,798M in FY2025, up 43.7% from a year earlier.
Latest, FY2025
7,798
Period ended Dec 31, 2025
Change on a year earlier
+43.7%
5,426 in FY2024
History
5 years
Since FY2018
Sources
4
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 | Contract Liability Recognized (RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7,798 | +43.7% | PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗ |
| FY2024 | Dec 31, 2024 | 5,426 | +199.5% | PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗ |
| FY2023 | Dec 31, 2023 | 1,812 | +33.6% | PDD Holdings Inc. Form 20-F (filed 2025-04-28) ↗ |
| FY2022 | Dec 31, 2022 | 1,357 | – | PDD Holdings Inc. Form 20-F (filed 2024-04-25) ↗ |
| FY2018 | Dec 31, 2018 | 38.9 | – | PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗ |
Cite this data
StockData. (2026). PDD Contract Liability Recognized (RMB million) (M), annual FY2018–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/xbrl-deferred-rev-recognized-18
See every metric in the PDD KPI table. Data updated Oct 27, 2026.