# PDD Holdings Inc. (PDD)

Source page: https://stoqly.net/companies/pdd

- **Ticker:** PDD (Nasdaq)
- **Sector:** Industrials / Services-Business Services, Nec
- **SEC CIK:** 0001737806
- **Latest annual report:** 20-F filed 2026-04-29 (https://www.sec.gov/Archives/edgar/data/1737806/000110465926050727/pdd-20251231x20f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $78.61 on 2026-10-30
- **Market cap:** $116.5B
- **P/E (trailing):** 8.6x
- **EPS, trailing 12 months:** $9.18
- **Revenue (FY2025):** $60.1B
- **Revenue growth:** +9.8%
- **Revenue growth, 5-year CAGR:** +47.5%
- **Gross margin:** 56.3%
- **Operating margin:** 21.6%
- **Net margin:** 22.7%
- **Return on equity:** 26.7%
- **Change in share count:** +0.2%
- **Piotroski F-score:** 4/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/pdd/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 76 | 258 | 1,983 | 4,362 | 8,619 | 14,567 | 19,391 | 34,962 | 54,725 | 60,081 |
| Operating income | -43 | -88 | -1,632 | -1,236 | -1,359 | 1,069 | 4,515 | 8,287 | 15,066 | 12,953 |
| Net income | -44 | -78 | -1,544 | -1,008 | -1,040 | 1,205 | 4,684 | 8,475 | 15,623 | 13,613 |
| Diluted EPS (US$) | -0.11 | -0.17 | -2.10 | -0.87 | -0.88 | 0.84 | 3.26 | 5.81 | 10.56 | 9.18 |
| Operating cash flow | 132 | 1,433 | 1,174 | 2,145 | 4,085 | 4,463 | 7,205 | 13,294 | 16,942 | 14,878 |
| Free cash flow | 132 | 1,432 | 1,170 | 2,141 | 4,079 | — | — | — | — | — |
| Cash | 190 | 478 | 3,168 | 5,898 | 13,303 | 14,631 | 21,662 | 30,572 | 45,423 | 60,321 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.