PDD Holdings Inc.
PDDNasdaqCIK 1737806IndustrialsFiscal year ends Dec 31
Revenue is not reported in this company’s XBRL financial statements.
Latest quarter: not reported
Last eight quarters
Full statements| Line item | Unit | Shape over the periods |
|---|---|---|
| Revenue | $ | |
| Gross margin | % | |
| Operating margin | % | |
| Net margin | % | |
| Diluted EPS | $ per share | |
| Free cash flow | $ |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20212021-12-31 | FY20222022-12-31 | FY20232023-12-31 | FY20242024-12-31 | FY20252025-12-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $bn | 14.7Revenue, FY2021, twelve months to 2021-12-31$14.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2022-04-25, accession 0001104659-22-049283.Report this figure | 18.9Revenue, FY2022, twelve months to 2022-12-31$18.93bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2023-04-26, accession 0001104659-23-049927.Report this figure | 34.9Revenue, FY2023, twelve months to 2023-12-31$34.88bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2024-04-25, accession 0001104659-24-051610.Report this figure | 54.0Revenue, FY2024, twelve months to 2024-12-31$53.96bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2025-04-28, accession 0001410578-25-000951.Report this figure | 61.8Revenue, FY2025, twelve months to 2025-12-31$61.75bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2026-04-29, accession 0001104659-26-050727.Report this figure | |
| Gross margin | % | 66.2%Gross margin, FY2021, twelve months to 2021-12-31. gross profit / revenueGross profit: $9.77bn. XBRL concept us-gaap:GrossProfit. 20-F filed 2022-04-25, accession 0001104659-22-049283.Revenue: $14.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2022-04-25, accession 0001104659-22-049283.Report this figure | 75.9%Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: $14.37bn. XBRL concept us-gaap:GrossProfit. 20-F filed 2023-04-26, accession 0001104659-23-049927.Revenue: $18.93bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2023-04-26, accession 0001104659-23-049927.Report this figure | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | 7.3%Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: $1.08bn. XBRL concept us-gaap:OperatingIncomeLoss. 20-F filed 2022-04-25, accession 0001104659-22-049283.Revenue: $14.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2022-04-25, accession 0001104659-22-049283.Report this figure | 23.3%Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: $4.41bn. XBRL concept us-gaap:OperatingIncomeLoss. 20-F filed 2023-04-26, accession 0001104659-23-049927.Revenue: $18.93bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2023-04-26, accession 0001104659-23-049927.Report this figure | 23.7%Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: $8.27bn. XBRL concept us-gaap:OperatingIncomeLoss. 20-F filed 2024-04-25, accession 0001104659-24-051610.Revenue: $34.88bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2024-04-25, accession 0001104659-24-051610.Report this figure | 27.5%Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: $14.85bn. XBRL concept us-gaap:OperatingIncomeLoss. 20-F filed 2025-04-28, accession 0001410578-25-000951.Revenue: $53.96bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2025-04-28, accession 0001410578-25-000951.Report this figure | 21.6%Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: $13.31bn. XBRL concept us-gaap:OperatingIncomeLoss. 20-F filed 2026-04-29, accession 0001104659-26-050727.Revenue: $61.75bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2026-04-29, accession 0001104659-26-050727.Report this figure | |
| Net margin | % | 8.3%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: $1.22bn. XBRL concept us-gaap:NetIncomeLoss. 20-F filed 2022-04-25, accession 0001104659-22-049283.Revenue: $14.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2022-04-25, accession 0001104659-22-049283.Report this figure | 24.2%Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: $4.57bn. XBRL concept us-gaap:NetIncomeLoss. 20-F filed 2023-04-26, accession 0001104659-23-049927.Revenue: $18.93bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2023-04-26, accession 0001104659-23-049927.Report this figure | 24.2%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $8.45bn. XBRL concept us-gaap:NetIncomeLoss. 20-F filed 2024-04-25, accession 0001104659-24-051610.Revenue: $34.88bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2024-04-25, accession 0001104659-24-051610.Report this figure | 28.5%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $15.40bn. XBRL concept us-gaap:NetIncomeLoss. 20-F filed 2025-04-28, accession 0001410578-25-000951.Revenue: $53.96bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2025-04-28, accession 0001410578-25-000951.Report this figure | 22.7%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $13.99bn. XBRL concept us-gaap:NetIncomeLoss. 20-F filed 2026-04-29, accession 0001104659-26-050727.Revenue: $61.75bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 20-F filed 2026-04-29, accession 0001104659-26-050727.Report this figure | |
| Diluted EPS | $ per share | 0.21Diluted EPS, FY2021, twelve months to 2021-12-31$0.21 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 20-F filed 2022-04-25, accession 0001104659-22-049283.Report this figure | 0.79Diluted EPS, FY2022, twelve months to 2022-12-31$0.79 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 20-F filed 2023-04-26, accession 0001104659-23-049927.Report this figure | 1.45Diluted EPS, FY2023, twelve months to 2023-12-31$1.45 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 20-F filed 2024-04-25, accession 0001104659-24-051610.Report this figure | 2.60Diluted EPS, FY2024, twelve months to 2024-12-31$2.60 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 20-F filed 2025-04-28, accession 0001410578-25-000951.Report this figure | 2.36Diluted EPS, FY2025, twelve months to 2025-12-31$2.36 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 20-F filed 2026-04-29, accession 0001104659-26-050727.Report this figure | |
| Free cash flow | $bn | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2026-06-30 | $2.44bn | 31,969,893 | Reduced−7,438,139 | |
| BAILLIE GIFFORD & CO | 2026-06-30 | $2.03bn | 26,594,535 | Reduced−1,758,564 | |
| H&H International Investment, LLC | 2026-06-30 | $1.91bn | 25,022,094 | Added+5,273,800 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $1.88bn | 24,646,256 | Added+520,598 | |
| Invesco Ltd. | 2026-06-30 | $1.70bn | 22,228,242 | Added+15,747,990 | |
| JANE STREET GROUP, LLC | 2026-06-30 | $1.56bn | 20,421,600 | Put | Added+14,759,300 |
| JANE STREET GROUP, LLC | 2026-06-30 | $1.08bn | 14,164,300 | Call | Added+10,554,700 |
| GOLDMAN SACHS GROUP INC | 2026-06-30 | $1.07bn | 14,006,939 | Added+4,301,004 | |
| HSG Holding Ltd | 2026-06-30 | $865.7m | 11,348,426 | Unchanged | |
| Himalaya Capital Management LLC | 2026-06-30 | $820.9m | 10,761,119 | Added+6,153,119 |
Recent filings
All 218 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-08-2507:20 ET | 6-K | Report of a foreign private issuerPeriod 2026-08-25 | 0001104659-26-100534 |
| 2026-08-2116:05 ET | 6-K | Report of a foreign private issuerPeriod 2026-08-21 | 0001104659-26-099679 |
| 2026-05-2806:20 ET | 6-K | Report of a foreign private issuerPeriod 2026-05-28 | 0001104659-26-067186 |
| 2026-04-2906:15 ET | 20-F | Annual report of a foreign private issuerPeriod 2025-12-31 | 0001104659-26-050727 |
| 2026-03-2606:09 ET | 6-K | Report of a foreign private issuerPeriod 2026-03-26 | 0001104659-26-034813 |
| 2025-12-1907:40 ET | 6-K | Report of a foreign private issuerPeriod 2025-12-19 | 0001104659-25-122766 |
| 2025-12-1907:39 ET | 6-K | Report of a foreign private issuerPeriod 2025-12-19 | 0001104659-25-122765 |
| 2025-11-1908:22 ET | 6-K | Report of a foreign private issuerPeriod 2025-11-19 | 0001104659-25-113965 |
| 2025-11-1809:27 ET | 6-K | Report of a foreign private issuerPeriod 2025-11-18 | 0001104659-25-113490 |
| 2025-08-2516:00 ET | 6-K | Report of a foreign private issuerPeriod 2025-08-25 | 0001104659-25-082502 |
Latest annual report
Form 20-F for the fiscal year ended Dec 31, 2025Filed Apr 29, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 1737806
- Tickers
- PDD
- Exchange
- Nasdaq
- SIC code
- 7389 Services-Business Services, NEC
- Sector
- Industrials
- Fiscal year ends
- Dec 31
- Incorporated in
- E9
- Filer category
- Large accelerated filer
- Former names
- Pinduoduo Inc. (to 2023-02-03); Walnut Street Group Holding Ltd (to 2018-06-29)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. Listed shows no prices and gives no investment advice.