Key facts
- 52-week range (closes)
- $73.30 – $138.13 Lowest close Jun 25, 2026, highest Nov 10, 2025; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the Nasdaq-100 since
- Aug 24, 2020, replacing NetApp (NTAP) · NetApp did not meet the minimum monthly weight requirements. · All Nasdaq-100 changes
- IPO
- Jul 26, 2018 · priced at $19.00 · NASDAQ · IPO details
PDD Holdings (PDD) is trading up at $81.63 (+0.29%) on NASDAQ, as of the latest quote. It is a Nasdaq-100 constituent in the Consumer Discretionary sector.
PDD Holdings revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | CN¥504.9M | CN¥1.74B | CN¥13.1B | CN¥30.1B | CN¥59.5B | CN¥93.9B | CN¥130.6B | CN¥247.6B | CN¥393.8B | CN¥431.8B |
| Growth (year over year) | — | +245.5% | +652.3% | +129.7% | +97.4% | +57.9% | +39.0% | +89.7% | +59.0% | +9.7% |
| Gross profit | −CN¥73.0M | CN¥1.02B | CN¥10.2B | CN¥23.8B | CN¥40.2B | CN¥62.2B | CN¥99.1B | CN¥155.9B | CN¥239.9B | CN¥243.0B |
| Gross margin | −14.5% | 58.6% | 77.9% | 79.0% | 67.6% | 66.2% | 75.9% | 63.0% | 60.9% | 56.3% |
| Operating income | −CN¥286.2M | −CN¥595.7M | −CN¥10.8B | −CN¥8.54B | −CN¥9.38B | CN¥6.90B | CN¥30.4B | CN¥58.7B | CN¥108.4B | CN¥93.1B |
| Operating margin | −56.7% | −34.2% | −82.3% | −28.3% | −15.8% | 7.3% | 23.3% | 23.7% | 27.5% | 21.6% |
| Net income | −CN¥292.0M | −CN¥525.1M | −CN¥10.2B | −CN¥6.97B | −CN¥7.18B | CN¥7.77B | CN¥31.5B | CN¥60.0B | CN¥112.4B | CN¥97.8B |
| Net margin | −57.8% | −30.1% | −77.9% | −23.1% | −12.1% | 8.3% | 24.2% | 24.2% | 28.5% | 22.7% |
| EPS (diluted) | −CN¥0.18 | −CN¥0.28 | −CN¥3.47 | −CN¥1.51 | −CN¥1.51 | CN¥1.36 | CN¥5.48 | CN¥10.29 | CN¥19.00 | CN¥16.50 |
| Balance sheet | ||||||||||
| Cash and equivalents | CN¥1.32B | CN¥3.06B | CN¥14.2B | CN¥5.77B | CN¥22.4B | CN¥6.43B | CN¥34.3B | CN¥59.8B | CN¥57.8B | CN¥108.9B |
| Total assets | — | CN¥13.3B | CN¥43.2B | CN¥76.1B | CN¥158.9B | CN¥181.2B | CN¥237.1B | CN¥348.1B | CN¥505.0B | CN¥630.0B |
| Total liabilities | — | CN¥12.1B | CN¥24.4B | CN¥51.4B | CN¥98.7B | CN¥106.1B | CN¥119.3B | CN¥160.8B | CN¥191.7B | CN¥216.7B |
| Shareholders' equity | −CN¥426.3M | −CN¥992.0M | CN¥18.8B | CN¥24.6B | CN¥60.2B | CN¥75.1B | CN¥117.8B | CN¥187.2B | CN¥313.3B | CN¥413.4B |
| Cash flow | ||||||||||
| Operating cash flow | CN¥879.8M | CN¥9.69B | CN¥7.77B | CN¥14.8B | CN¥28.2B | CN¥28.8B | CN¥48.5B | CN¥94.2B | CN¥121.9B | CN¥106.9B |
| Capital expenditure | CN¥2.30M | CN¥8.92M | CN¥27.3M | CN¥27.4M | CN¥43.0M | — | — | — | — | — |
| Free cash flow | CN¥877.5M | CN¥9.68B | CN¥7.74B | CN¥14.8B | CN¥28.2B | — | — | — | — | — |
| Share buybacks | — | CN¥32.7M | — | — | — | — | — | — | — | — |
| Q3 FY19Sep 2019 | Q4 FY19†Dec 2019 | Q3 FY20Sep 2020 | Q4 FY20†Dec 2020 | |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | — | CN¥10.8B | — | CN¥26.5B |
| Growth (year over year) | — | — | — | +146.0% |
| Gross profit | — | CN¥8.76B | — | CN¥15.0B |
| Gross margin | — | 81.1% | — | 56.6% |
| Operating income | — | −CN¥2.14B | — | −CN¥2.05B |
| Operating margin | — | −19.8% | — | −7.7% |
| Net income | — | −CN¥1.75B | — | −CN¥1.38B |
| Net margin | — | −16.2% | — | −5.2% |
| EPS (diluted) | — | −CN¥0.38 | — | −CN¥0.29 |
| Balance sheet | ||||
| Cash and equivalents | CN¥15.7B | CN¥5.77B | CN¥5.72B | CN¥22.4B |
| Total assets | — | CN¥76.1B | CN¥99.4B | CN¥158.9B |
| Total liabilities | — | CN¥51.4B | CN¥71.0B | CN¥98.7B |
| Shareholders' equity | CN¥26.0B | CN¥24.6B | CN¥28.4B | CN¥60.2B |
| Cash flow | ||||
| Operating cash flow | — | CN¥9.60B | — | CN¥14.9B |
| Capital expenditure | — | CN¥9.10M | — | CN¥25.0M |
| Free cash flow | — | CN¥9.59B | — | CN¥14.9B |
From PDD Holdings's 20-F and 6-K filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About PDD Holdings
Pinduoduo is a Chinese online retailer, with a focus on the traditional agriculture industry. The business is the largest asset of PDD Holdings, a company domiciled in the Cayman Islands and headquartered in Ireland that also owns the online marketplace Temu.
- Headquarters
- Dublin, Ireland From SEC filings, Oct 2026
Recent News
No recent news mentioning PDD Holdings in our feed yet.
More Consumer Discretionary stocks
- NCLH Norwegian Cruise Line Holdings
- NKE Nike, Inc.
- NVR NVR, Inc.
- ORLY O’Reilly Automotive
- PHM PulteGroup
- RCL Royal Caribbean Group
- RL Ralph Lauren Corporation
- ROST Ross Stores