PDD Holdings Inc.: Form 20-F for the period ended Dec 31, 2025
Filed with the SEC on Apr 29, 2026 and accepted by EDGAR at Apr 29, 2026, 06:15 ET.
Sections
Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2025-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 12 months2025-01-01 to 2025-12-31 | $61.75bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months2025-01-01 to 2025-12-31 | $27.00bn | us-gaap:CostOfRevenue |
| Research and development | 12 months2025-01-01 to 2025-12-31 | $2.36bn | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months2025-01-01 to 2025-12-31 | $13.31bn | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months2025-01-01 to 2025-12-31 | $3.11bn | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months2025-01-01 to 2025-12-31 | $13.99bn | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months2025-01-01 to 2025-12-31 | $2.36 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months2025-01-01 to 2025-12-31 | $2.50 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months2025-01-01 to 2025-12-31 | 5,929,576,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months2025-01-01 to 2025-12-31 | $15.29bn | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Cash and equivalents | At period end2025-12-31 | $15.57bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2025-12-31 | $74.21bn | us-gaap:AssetsCurrent |
| Total assets | At period end2025-12-31 | $90.10bn | us-gaap:Assets |
| Current liabilities | At period end2025-12-31 | $30.56bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2025-12-31 | $30.98bn | us-gaap:Liabilities |
| Shareholders' equity | At period end2025-12-31 | $59.11bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001104659-26-050727. Last ingested by Listed: Oct 24, 2026, 15:15 ET. Listed shows no prices and gives no investment advice.