PDD Holdings Inc. (FRA:9PDA)
Germany · Delayed Price · Currency is EUR 76.40
+2.80 (3.80%)
Last updated: Aug 26, 2026, 1:43 PM CET
PDD Holdings Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 450,776 | 431,846 | 393,836 | 247,639 | 130,558 | 93,950 | |
Revenue Growth | 10.05% | 9.65% | 59.04% | 89.68% | 38.96% | 57.92% |
Cost of Revenue | 196,907 | 188,802 | 153,900 | 91,724 | 31,462 | 31,718 |
Gross Profit | 253,869 | 243,044 | 239,936 | 155,916 | 99,095 | 62,232 |
Selling, General & Admin | 139,735 | 136,177 | 121,068 | 87,643 | 59,041 | 46,869 |
Research & Development | 15,581 | 13,765 | 10,445 | 9,574 | 9,653 | 8,466 |
Operating Expenses | 155,316 | 149,942 | 131,513 | 97,217 | 68,693 | 55,335 |
Operating Income | 98,553 | 93,102 | 108,423 | 58,699 | 30,402 | 6,897 |
Interest Expense | - | - | - | -43.99 | -51.66 | -1,231 |
Interest & Investment Income | 27,811 | 25,584 | 20,553 | 10,238 | 3,997 | 3,062 |
Earnings From Equity Investments | 63.01 | 129.01 | 17.23 | -4.71 | -155.29 | 246.83 |
Currency Exchange Gain (Loss) | -1,629 | -1,967 | 587.87 | 35.72 | -149.71 | 71.75 |
Other Non Operating Income (Expenses) | -10,083 | 2,727 | 3,120 | 2,953 | 2,221 | 656.26 |
EBT Excluding Unusual Items | 114,715 | 119,575 | 132,701 | 71,876 | 36,264 | 9,702 |
Pretax Income | 114,715 | 119,575 | 132,701 | 71,876 | 36,264 | 9,702 |
Income Tax Expense | 22,640 | 21,733 | 20,267 | 11,850 | 4,726 | 1,934 |
Net Income | 92,076 | 97,843 | 112,435 | 60,027 | 31,538 | 7,769 |
Net Income to Common | 92,076 | 97,843 | 112,435 | 60,027 | 31,538 | 7,769 |
Net Income Growth | -5.97% | -12.98% | 87.31% | 90.33% | 305.96% | - |
Shares Outstanding (Basic) | 1,403 | 1,398 | 1,384 | 1,354 | 1,264 | 1,253 |
Shares Outstanding (Diluted) | 1,480 | 1,482 | 1,479 | 1,460 | 1,440 | 1,428 |
Shares Change | -0.09% | 0.22% | 1.32% | 1.36% | 0.83% | 19.83% |
EPS (Basic) | 65.62 | 70.00 | 81.24 | 44.33 | 24.94 | 6.20 |
EPS (Diluted) | 62.26 | 66.00 | 76.00 | 41.15 | 21.93 | 5.44 |
EPS Growth | -5.84% | -13.16% | 84.70% | 87.61% | 303.17% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 110,750 | 105,794 | 120,962 | 93,579 | 47,872 | 25,496 |
Free Cash Flow Per Share | 74.86 | 71.37 | 81.78 | 64.10 | 33.24 | 17.85 |
Gross Margin | 56.32% | 56.28% | 60.92% | 62.96% | 75.90% | 66.24% |
Operating Margin | 21.86% | 21.56% | 27.53% | 23.70% | 23.29% | 7.34% |
Profit Margin | 20.43% | 22.66% | 28.55% | 24.24% | 24.16% | 8.27% |
Free Cash Flow Margin | 24.57% | 24.50% | 30.71% | 37.79% | 36.67% | 27.14% |
EBITDA | 99,101 | 93,704 | 109,132 | 59,485 | 32,626 | 8,392 |
EBITDA Margin | 21.98% | 21.70% | 27.71% | 24.02% | 24.99% | 8.93% |
D&A For EBITDA | 547.84 | 601.48 | 708.76 | 786.24 | 2,224 | 1,495 |
EBIT | 98,553 | 93,102 | 108,423 | 58,699 | 30,402 | 6,897 |
EBIT Margin | 21.86% | 21.56% | 27.53% | 23.70% | 23.29% | 7.34% |
Effective Tax Rate | 19.74% | 18.18% | 15.27% | 16.49% | 13.03% | 19.93% |
Advertising Expenses | - | 74,926 | 68,474 | 56,415 | 18,921 | 41,457 |