Security
PDD Holdings Inc. American Depositary Shares · PDD
PDDNASDAQotherCurrentCIK 1737806Updated Oct 6, 2026
Name history
Pinduoduo Inc. · through Feb 3, 2023Walnut Street Group Holding Ltd · through Jun 29, 2018
PDD price & chart
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NASDAQ:PDD on TradingView ↗About the company
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities.
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2020 | Q3 2019 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| AssetsUSD | 14,641,645,000Source | — | 90,095,139,000Source | 69,189,417,000Source | 49,025,778,000Source | 34,379,162,000Source |
| Property, Plant and Equipment, NetUSD | 6,850,000Source | — | 186,762,000Source | 120,467,000Source | 137,973,000Source | 151,489,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 219,005,000Source | — | 2,200,000Source | 2,626,000Source | 2,979,000Source | 19,428,000Source |
| Current assets: | ||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 841,828,000Source | 15,694,045,000Source | 15,572,577,000Source | 7,914,191,000Source | 8,421,875,000Source | 4,976,830,000Source |
| Assets, CurrentUSD | 13,280,688,000Source | — | 74,213,136,000Source | 56,943,574,000Source | 41,514,735,000Source | 31,406,641,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 265,492,000Source | — | 1,076,280,000Source | 604,643,000Source | 593,390,000Source | 333,235,000Source |
| Operating Lease, Right-of-Use AssetUSD | 78,661,000Source | — | 695,447,000Source | 693,813,000Source | 578,162,000Source | 205,312,000Source |
| Other Assets, NoncurrentUSD | 1,056,441,000Source | — | 14,973,004,000Source | 11,426,745,000Source | 6,753,796,000Source | 2,444,777,000Source |
| LIABILITIES AND EQUITY | ||||||
| LiabilitiesUSD | 10,458,238,000Source | — | 30,981,848,000Source | 26,265,695,000Source | 22,653,349,000Source | 17,303,985,000Source |
| Stockholders’ equity: | ||||||
| Common Stock, Value, IssuedUSD | — | — | 26,000Source | 25,000Source | 25,000Source | — |
| Additional Paid in CapitalUSD | 7,654,214,000Source | — | 17,984,536,000Source | 16,142,549,000Source | 15,111,916,000Source | 14,389,965,000Source |
| Retained Earnings (Accumulated Deficit)USD | -3,549,377,000Source | — | 40,634,821,000Source | 25,676,628,000Source | 10,580,233,000Source | 2,202,783,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 78,547,000Source | — | 302,539,000Source | 1,071,958,000Source | 665,328,000Source | 481,679,000Source |
| Stockholders' Equity Attributable to ParentUSD | 4,183,407,000Source | 25,956,276,000Source | 59,113,291,000Source | 42,923,722,000Source | 26,372,429,000Source | 17,075,177,000Source |
| Liabilities and EquityUSD | 14,641,645,000Source | — | 90,095,139,000Source | 69,189,417,000Source | 49,025,778,000Source | 34,379,162,000Source |
| Current liabilities: | ||||||
| Liabilities, CurrentUSD | 9,584,591,000Source | — | 30,564,007,000Source | 25,813,824,000Source | 21,535,641,000Source | 16,947,382,000Source |
| Operating Lease, Liability, CurrentUSD | 26,853,000Source | — | 357,301,000Source | 288,518,000Source | 231,207,000Source | 87,287,000Source |
| Accounts Payable, CurrentUSD | — | — | 4,670,742,000Source | 3,874,389,000Source | 2,381,081,000Source | 576,874,000Source |
| Operating Lease, Liability, NoncurrentUSD | 57,559,000Source | — | 411,856,000Source | 437,243,000Source | 372,436,000Source | 126,252,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | 5,985,000Source | 14,628,000Source | 8,427,000Source | 1,888,000Source |
| Additional Financial Items | ||||||
| Deferred Tax Liabilities, NetUSD | — | — | 27,365,000Source | 34,135,000Source | 24,050,000Source | 6,911,000Source |
| Short-term InvestmentsUSD | 5,870,609,000Source | — | 44,816,702,000Source | 37,509,330,000Source | 22,171,490,000Source | 16,689,751,000Source |
| Inventory, Net | —Source | — | — | — | — | — |
| Other Liabilities, Noncurrent | —Source | — | — | — | — | — |
| Accrued Liabilities, Current | —Source | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2020 | Q4 2019 | Q3 2020 | Q3 2019 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | 13,991,297,000Source | 15,403,464,000Source | 8,454,562,000Source | 4,572,589,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | — | — | — | — | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | 1,134,972,000Source | 1,354,043,000Source | 997,027,000Source | 1,119,058,000Source |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | 217,864,000Source | -6,687,000Source | 468,517,000Source | -12,475,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | -26,015,000Source | 30,438,000Source | 112,833,000Source | -149,131,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | 15,292,029,000Source | 16,704,245,000Source | 13,262,515,000Source | 7,032,979,000Source |
| Cash flows from investing activities: | ||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | -6,209,441,000Source | -16,214,711,000Source | -7,807,332,000Source | -3,242,137,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | -35,000Source | -4,816,000Source | -18,280,000Source | — |
| Cash flows from financing activities: | ||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | -747,502,000Source | 159,000Source | -1,262,078,000Source | 1,461,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | 194,000Source | 171,000Source | 1,153,000Source | 1,461,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | 8,084,682,000Source | 604,786,000Source | 4,152,099,000Source | 3,806,827,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 6,558,377,000Source | 34,366,077,000Source | 26,130,244,000Source | 17,288,565,000Source | 17,152,341,000Source | 13,382,303,000Source |
| Additional Financial Items | ||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | 1,134,972,000Source | 1,354,043,000Source | 997,027,000Source | 1,119,058,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 16,087,000Source | 88,241,000Source |
| DepreciationUSD | — | — | — | — | 85,468,000Source | 96,594,000Source | 94,652,000Source | 234,233,000Source |
| Equity Method Investment, Other than Temporary ImpairmentCNY | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | — | -281,223,000Source | 80,537,000Source | 5,031,000Source | -21,706,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | -438,000Source | -529,000Source | -247,000Source | -1,551,000Source |
| General and Administrative ExpenseUSD | — | — | — | — | 1,166,540,000Source | 1,034,752,000Source | 574,039,000Source | 574,862,000Source |
| Impairment of Intangible Assets, Finite-livedCNY | — | — | — | — | — | — | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | 18,447,000Source | 2,360,000Source | -663,000Source | -22,514,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | 3,107,743,000Source | 2,776,538,000Source | 1,669,024,000Source | 685,157,000Source |
| Investment Income, InterestUSD | — | — | — | — | 3,658,442,000Source | 2,815,817,000Source | 1,442,003,000Source | 579,525,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | — | — | — | — | 2,686,771,000Source | 1,197,588,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | 13,991,297,000Source | 15,403,464,000Source | 8,454,562,000Source | 4,572,589,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | 13,991,297,000Source | 15,403,464,000Source | 8,454,562,000Source | 4,572,589,000Source |
| Operating ExpensesUSD | — | — | — | — | 21,441,396,000Source | 18,017,188,000Source | 13,692,709,000Source | 9,959,603,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | 389,946,000Source | 427,417,000Source | 415,862,000Source | 322,066,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | — | -3,491,000Source | 105,631,000Source | 32,135,000Source |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — |
| Operating Lease, Expense | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2020 | Q4 2019 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 61,753,116,000Source | 53,955,324,000Source | 34,879,253,000Source | 18,929,071,000Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | 13,313,428,000Source | 14,853,871,000Source | 8,267,548,000Source | 4,407,864,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 389,946,000Source | 427,417,000Source | 415,862,000Source | 322,066,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 17,099,040,000Source | 18,180,002,000Source | 10,123,586,000Source | 5,257,746,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,107,743,000Source | 2,776,538,000Source | 1,669,024,000Source | 685,157,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 13,991,297,000Source | 15,403,464,000Source | 8,454,562,000Source | 4,572,589,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 2.5Source | 2.78Source | 1.56Source | 0.9Source |
| Earnings Per Share, DilutedUSD per share | — | — | 2.36Source | 2.6Source | 1.45Source | 0.79Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 5,590,930,000Source | 5,536,049Source | 5,416,106,022Source | 5,057,540,124Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 5,929,576,000Source | 5,916,592Source | 5,839,629,562Source | 5,761,291,439Source |
| Additional Financial Items | ||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | 16,087,000Source | 88,241,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | 3,133,758,000Source | 2,746,100,000Source | 1,556,191,000Source | 834,288,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 86,011,000Source | 97,100,000Source | 110,739,000Source | 322,474,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -281,223,000Source | 80,537,000Source | 5,031,000Source | -21,706,000Source |
| General and Administrative ExpenseUSD | — | — | 1,166,540,000Source | 1,034,752,000Source | 574,039,000Source | 574,862,000Source |
| Gross ProfitUSD | — | — | — | — | — | 14,367,467,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 18,447,000Source | 2,360,000Source | -663,000Source | -22,514,000Source |
| Interest ExpenseUSD | — | — | — | — | 6,195,000Source | 7,489,000Source |
| Interest Income, OperatingUSD | — | — | 110,713,000Source | 387,359,000Source | 190,817,000Source | 87,927,000Source |
| Investment Income, InterestUSD | — | — | 3,658,442,000Source | 2,815,817,000Source | 1,442,003,000Source | 579,525,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 13,991,297,000Source | 15,403,464,000Source | 8,454,562,000Source | 4,572,589,000Source |
| Operating ExpensesUSD | — | — | 21,441,396,000Source | 18,017,188,000Source | 13,692,709,000Source | 9,959,603,000Source |
| Research and Development ExpenseUSD | — | — | 2,358,920,000Source | 1,734,325,000Source | 1,542,610,000Source | 1,505,642,000Source |
| Selling and Marketing ExpenseUSD | — | — | 17,915,936,000Source | 15,248,111,000Source | 11,576,060,000Source | 7,879,099,000Source |
| Operating Lease, Expense | — | — | — | — | — | — |
Filing attachments
tm2623874d1_ex99-1.htm · 6-K · 2026-08-25
Exhibit 99.1 PDD Holdings Announces Second Quarter 2026 Unaudited Financial Results DUBLIN and SHANGHAI, Aug. 24, 2026 (GLOBE NEWSWIRE) - PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Highlights Total revenues in the quarter were RMB112.4 billion (US$116.6 billion), an increase of 8% from RMB104.0 billion in the same quarter of 2025. Operating profit…
Read attachment ↗tm2615739d1_ex99-1.htm · 6-K · 2026-05-28
Exhibit 99.1 PDD Holdings Announces First Quarter 2026 Unaudited Financial Results DUBLIN and SHANGHAI, May 27, 2026 (GLOBE NEWSWIRE) - PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues in the quarter were RMB106.2 billion (US$115.4 billion), an increase of 11% from RMB95.7 billion in the same quarter of 2025. Operating profit in…
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