PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
101.62
+1.02 (1.01%)
At close: Jun 9, 2025, 4:00 PM
101.65
+0.03 (0.03%)
After-hours: Jun 9, 2025, 7:59 PM EDT
PDD Holdings Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2016 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2016 - 2019 |
| Revenue | 402,696 | 393,836 | 247,639 | 130,558 | 93,950 | 59,492 | Upgrade
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Revenue Growth (YoY) | 35.67% | 59.04% | 89.68% | 38.96% | 57.92% | 97.37% | Upgrade
|
Cost of Revenue | 162,153 | 153,900 | 91,724 | 31,462 | 31,718 | 19,279 | Upgrade
|
Gross Profit | 240,543 | 239,936 | 155,916 | 99,095 | 62,232 | 40,213 | Upgrade
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Selling, General & Admin | 130,896 | 121,068 | 87,643 | 59,041 | 46,869 | 42,911 | Upgrade
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Research & Development | 11,113 | 10,445 | 9,574 | 9,653 | 8,466 | 6,682 | Upgrade
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Operating Expenses | 142,009 | 131,513 | 97,217 | 68,693 | 55,335 | 49,594 | Upgrade
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Operating Income | 98,535 | 108,423 | 58,699 | 30,402 | 6,897 | -9,380 | Upgrade
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Interest Expense | - | - | -43.99 | -51.66 | -1,231 | -757.34 | Upgrade
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Interest & Investment Income | 15,728 | 20,553 | 10,238 | 3,997 | 3,062 | 2,455 | Upgrade
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Earnings From Equity Investments | -35.53 | 17.23 | -4.71 | -155.29 | 246.83 | 83.65 | Upgrade
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Currency Exchange Gain (Loss) | 131.21 | 587.87 | 35.72 | -149.71 | 71.75 | 225.2 | Upgrade
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Other Non Operating Income (Expenses) | 4,500 | 3,120 | 2,953 | 2,221 | 656.26 | 193.7 | Upgrade
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EBT Excluding Unusual Items | 118,858 | 132,701 | 71,876 | 36,264 | 9,702 | -7,180 | Upgrade
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Pretax Income | 118,858 | 132,701 | 71,876 | 36,264 | 9,702 | -7,180 | Upgrade
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Income Tax Expense | 19,680 | 20,267 | 11,850 | 4,726 | 1,934 | - | Upgrade
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Net Income | 99,179 | 112,435 | 60,027 | 31,538 | 7,769 | -7,180 | Upgrade
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Net Income to Common | 99,179 | 112,435 | 60,027 | 31,538 | 7,769 | -7,180 | Upgrade
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Net Income Growth | 24.09% | 87.31% | 90.33% | 305.96% | - | - | Upgrade
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Shares Outstanding (Basic) | 1,388 | 1,384 | 1,354 | 1,264 | 1,253 | 1,192 | Upgrade
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Shares Outstanding (Diluted) | 1,481 | 1,479 | 1,460 | 1,440 | 1,428 | 1,192 | Upgrade
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Shares Change (YoY) | 1.18% | 1.32% | 1.36% | 0.83% | 19.83% | 3.05% | Upgrade
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EPS (Basic) | 71.47 | 81.24 | 44.33 | 24.94 | 6.20 | -6.02 | Upgrade
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EPS (Diluted) | 66.99 | 76.00 | 41.15 | 21.93 | 5.44 | -6.04 | Upgrade
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EPS Growth | 22.63% | 84.70% | 87.61% | 303.17% | - | - | Upgrade
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Free Cash Flow | 115,412 | 120,962 | 93,579 | 47,872 | 25,496 | 28,154 | Upgrade
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Free Cash Flow Per Share | 77.94 | 81.78 | 64.10 | 33.24 | 17.85 | 23.62 | Upgrade
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Gross Margin | 59.73% | 60.92% | 62.96% | 75.90% | 66.24% | 67.59% | Upgrade
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Operating Margin | 24.47% | 27.53% | 23.70% | 23.29% | 7.34% | -15.77% | Upgrade
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Profit Margin | 24.63% | 28.55% | 24.24% | 24.16% | 8.27% | -12.07% | Upgrade
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Free Cash Flow Margin | 28.66% | 30.71% | 37.79% | 36.67% | 27.14% | 47.32% | Upgrade
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EBITDA | 99,224 | 109,132 | 59,485 | 32,626 | 8,392 | -8,729 | Upgrade
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EBITDA Margin | 24.64% | 27.71% | 24.02% | 24.99% | 8.93% | -14.67% | Upgrade
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D&A For EBITDA | 689.4 | 708.76 | 786.24 | 2,224 | 1,495 | 651.52 | Upgrade
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EBIT | 98,535 | 108,423 | 58,699 | 30,402 | 6,897 | -9,380 | Upgrade
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EBIT Margin | 24.47% | 27.53% | 23.70% | 23.29% | 7.34% | -15.77% | Upgrade
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Effective Tax Rate | 16.56% | 15.27% | 16.49% | 13.03% | 19.93% | - | Upgrade
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Advertising Expenses | - | 68,474 | 56,415 | 18,921 | 41,457 | 39,298 | Upgrade
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Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.