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PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
101.97
+1.23 (1.22%)
At close: Mar 6, 2026, 4:00 PM EST
101.77
-0.20 (-0.20%)
After-hours: Mar 6, 2026, 7:59 PM EST

PDD Holdings Revenue by Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Online Marketplace Services and Other
31.32B 30.74B 29.77B 28.86B 27.65B 26.24B 24.61B 22.39B
Online Marketplace Services and Other Growth
13.28% 17.15% 21.01% 28.91% 39.53% 44.38% 50.85% 49.39%
Transaction Services
29.71B 28.99B 28.94B 28.56B 26.61B 23.57B 18.67B 13.72B
Transaction Services Growth
11.64% 23.00% 55.00% 108.19% 191.13% 298.57% 294.91% 240.61%
Merchandise Sales
- - - - - - - - - - - 30.50M 33.92M 37.67M 315.80M 1.06B 1.83B - - - - - - - - - - -
Merchandise Sales Growth
- - - - - - - - - - - -97.11% -98.14% - - - - - - - - - - - - - - -

Operating Expense Breakdown
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Sales and Marketing
17.83B 17.86B 17.69B 16.23B 15.54B 14.27B 13.03B 11.98B
Sales and Marketing Growth
14.74% 25.15% 35.77% 35.42% 45.44% 49.20% 50.44% 51.24%
Research and Development
2.23B 2.04B 1.94B 1.85B 1.71B 1.68B 1.66B 1.60B
Research and Development Growth
30.07% 21.50% 17.37% 15.59% 11.93% 11.46% 11.08% 5.47%
General and Administrative
1.03B 1.03B 1.08B 1.10B 1.07B 922.29M 741.11M 594.27M
General and Administrative Growth
-4.62% 11.96% 45.37% 85.32% 93.44% 59.75% 21.33% 2.79%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.