PDD Holdings Inc.

PDD Holdings Inc.

PDD
PDD Holdings Inc.US flagNASDAQ Global Select
81.30
USD
-0.52
- -
114.15BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.59
2.03
17.68
26.06
49.91
74.97
103.26
182.89
284.56
308.96
315.84
Basic EPS, GAAP
-0.37
-0.61
-13.88
-6.02
-6.02
6.2
24.94
44.33
81.24
70
68.29
Free Cash Flow per Basic Share
1.02
11.25
10.43
12.79
23.62
20.35
37.86
69.11
87.4
75.69
77.01
Dividend per Share
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.55
-1.2
-15.26
-15.82
-21.37
-14.13
12.02
55.48
135.42
203.3
211.83
Tangible Book Value per Share
-0.5
-1.15
21.89
19.58
49.41
59.38
93.04
138.27
226.37
295.74
302.28
Basic Weighted Avg Shares
861
861
742
1,157
1,192
1,253
1,264
1,354
1,384
1,398
1,401
Sales/Revenue/Turnover
505
1,744
13,120
30,142
59,492
93,950
130,558
247,639
393,836
431,846
442,403
Operating Margin (%)
-56.69
-33.58
-82.32
-28.33
-15.77
7.34
23.29
23.7
27.53
21.56
21.83
Depreciation Expense
1
2
497
711
800
1,844
2,735
1,888
2,641
3,000
- -
Net Income, GAAP
-292
-525
-10,217
-6,968
-7,180
7,769
31,538
60,027
112,435
97,843
95,648
Effective Tax Rate (%)
- -
- -
- -
- -
- -
20.45
12.98
16.49
15.27
18.19
18.28
Profit Margin (%)
-57.83
-30.11
-77.87
-23.12
-12.07
8.27
24.16
24.24
28.55
22.66
21.62
Working Capital
339
1,028
16,032
27,234
65,642
67,179
99,728
141,850
227,225
305,243
324,913
LT Debt
- -
- -
- -
5,635
14,848
12,333
2,447
7,876
3,192
2,880
2,620
Total Equity
356
1,205
18,823
24,647
60,176
75,115
117,771
187,242
313,313
413,385
423,427
Return on Invested Capital (%)
- -
- -
- -
- -
- -
6.32
22.49
27.54
32.75
19.21
20.51
Return on Capital (%)
- -
- -
- -
- -
- -
-130.04
232.39
102.31
79.37
40.13
37.33
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
132.93
85.65
41.5
38.35

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7,634
2,499
2,502
LT Borrowings
- -
- -
- -
LT Finance Leases
3,040
2,880
2,620
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,694
5,694
5,694
Market Capitalization
1,312,347
1,108,607
987,543

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
516,360
518,980
536,555
Cash, Cash Equivalents & STI
423,769
422,308
436,071
Accounts Receivable, Net
5,998
5,109
5,758
Inventories
- -
- -
- -
Total Current Liabilities
219,218
213,737
211,642
Payables & Accruals
190,823
184,418
187,714
ST Debt
7,634
2,499
2,502
Deferred Revenue
3,332
3,379
3,521

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
47.97%
31.94%
Free Cash Flow
- -
38.1%
-12.54%
Net Income, GAAP
- -
52.48%
-12.98%
Sales/Revenue/Turnover
- -
51.05%
9.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
86,812
97,060
99,354
110,610
393,836
2025
95,672
103,985
108,277
123,912
431,846
2026
106,229
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.33
23.14
18.02
19.76
81.24
2025
10.59
22.01
20.96
16.41
70
2026
8.94
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Lei Chen
Full Time Employees
23,465
Sector
Consumer Cyclical
Industry
Specialty Retail
Address
25 Saint Stephens Green Dublin Ireland D02 XF99
IPO Date
Jul 26, 2018
Business
PDD Holdings Inc. (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of e-commerce businesses focused on bringing businesses and consumers into the digital economy through value-for-money merchandise, interactive shopping experiences, and robust sourcing, logistics, and fulfillment networks. The company, founded in 2015 and headquartered in Dublin, Ireland, primarily generates revenues from transaction services and online marketing provided to third-party merchants on its platforms; these include the Pinduoduo platform in China, which offers agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics, personal care items, sports and fitness products, and others via group buying and social commerce features; and the Temu platform, a global marketplace operating in over 80 countries that provides apparel, electronic appliances, household goods, sports and fitness items, tools and home improvement products, pet supplies, and additional categories connecting international buyers, merchants, manufacturers, and brands. PDD Holdings serves price-sensitive consumers, small businesses, and local communities, with primary revenue derived from China but expanding internationally through Temu's growth in Europe, Asia, and beyond; it employs approximately 17,400 people and reports through a variable interest entity structure with key operating subsidiaries in China. In recent developments, the company formerly known as Pinduoduo Inc. rebranded to PDD Holdings Inc. in February 2023 to reflect its multinational scope and relocated its principal executive offices to Dublin; it continues significant investments in merchant support initiatives and platform ecosystem enhancements amid competitive pressures, as evidenced by moderated revenue growth, increased R&D and fulfillment costs, and strong cash position growth to RMB423.8 billion in short-term investments and equivalents as of September 30, 2025, alongside Q3 2025 revenues of RMB108.3 billion and net income of RMB29.3 billion.

Company News

APIChat
  • Thursday's Final Takeaways: ECB & Chinese ADRs Under Pressure

  • Securities Fraud Investigation Into PDD Holdings Inc. (PDD) Continues -- Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • Securities Fraud Investigation Into PDD Holdings Inc. (PDD) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • Has Temu-Owner PDD's Story Changed After Double Miss?

  • 3 of the Best Stocks to Buy With $1,000 Right Now

  • Is PDD Holdings Inc. Sponsored ADR (PDD) a Buy as Wall Street Analysts Look Optimistic?

  • PDD Holdings Inc. Sponsored ADR (PDD) is Attracting Investor Attention: Here is What You Should Know

  • China's AI Dream Fades as Alibaba, Tencent, PDD Plunge While US Stocks Soar

  • Zscaler, AutoZone, And Regencell Are Among Top 10 Large-Cap Losers Last Week (May 25-May 29): Are The Others In Your Portfolio?

  • PDD's Temu Hit With €200 Million EU Fine

  • Securities Fraud Investigation Into PDD Holdings Inc. (PDD) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

  • PDD Holdings Inc. (PDD) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

  • PDD Holdings Q1 Earnings Lag Estimates, Revenues Increase Y/Y

  • Securities Fraud Investigation Into PDD Holdings Inc. (PDD) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • PDD Holdings: Unjustified Sell-Off, Strong Buy

  • Here Are Thursday’s Top Wall Street Analyst Research Calls: Agilent, Boston Scientific, Comfort Systems, Dick’s Sporting Goods, Dominion Energy, Electronic Arts, First Solar, Trade Desk, Valvoline, and More

  • PDD Holding, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

  • Why PDD Holdings Stock Got Slammed Today

  • PDD Holdings Inc. (PDD) Q1 2026 Earnings Call Transcript

  • PDD's Supply Chain Push Is Starting To Look More Amazon-Like