Gross Profit for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's current gross profit (TTM) is $242.09B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PDD
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$242.09B
YoY change
-1.5%
5Y CAGR
+42.5%
Peak year (2024)
$239.94B
Cumulative gross profit
$868.78B
Gross Profit history chart for PDD Holdings (PDD) from 2016 to 2025
Gross Profit history table for PDD Holdings (PDD) from 2016 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $236.42B | -1.5% | ||
| 2024 | $239.94B | +53.9% | ||
| 2023 | $155.92B | +57.3% | ||
| 2022 | $99.10B | +59.2% | ||
| 2021 | $62.23B | +54.8% | ||
| 2020 | $40.21B | +68.9% | ||
| 2019 | $23.80B | +133.0% | ||
| 2018 | $10.21B | +900.2% | ||
| 2017 | $1.02B | -1498.9% | ||
| 2016 | -$73.01M | — |
Gross Profit values are taken from PDD Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
PDD Holdings (PDD) most recent annual gross profit stands at $236.42B (2025) – edged down 1.5% year-over-year.
PDD Holdings gross profit compound annual growth for the 2020–2025 (5 years) window is +42.5%, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, PDD Holdings gross profit edged down 1.5%, falling from $239.94B to $236.42B.
The highest annual gross profit of $239.94B was reported in 2024. The lowest in the available history was -$73.01M in 2016.
Among 8 Consumer Cyclical peers, PDD Holdings (PDD) ranks 3rd; the peer median for gross profit is $27.90B.
PDD Holdings Gross Profit by Year
PDD Holdings Gross Profit 2025: $236.42B
PDD Holdings gross profit in 2025 was $236.42B, edged down 1.5% below 2024.
PDD Holdings Gross Profit 2024: $239.94B
PDD Holdings gross profit in 2024 was $239.94B, surged 53.9% from 2023. This figure represents the highest annual value in the available history.
PDD Holdings Gross Profit 2023: $155.92B
PDD Holdings gross profit in 2023 was $155.92B, surged 57.3% from 2022.
PDD Holdings Gross Profit 2022: $99.10B
PDD Holdings gross profit in 2022 was $99.10B, surged 59.2% from 2021.
PDD Holdings Gross Profit 2021: $62.23B
PDD Holdings gross profit in 2021 was $62.23B.
See more financial history for PDD Holdings (PDD).
Sector peers — Gross Profit
Companies in the same sector as PDD Holdings, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $28.89B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's gross profit?
- Latest reported gross profit for PDD Holdings (PDD) is $242.09B (period ending December 31, 2025).
How has PDD Holdings gross profit changed year-over-year?
- PDD Holdings (PDD) gross profit changed -1.5% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings gross profit?
- PDD Holdings (PDD) gross profit compound annual growth rate is +42.5% over the most recent 5 years available.
When did PDD Holdings gross profit hit its highest annual value?
- PDD Holdings gross profit reached its highest annual value of $239.94B in 2024.
What was PDD Holdings gross profit in 2024?
- PDD Holdings (PDD) gross profit in 2024 was $239.94B.
What was PDD Holdings gross profit in 2025?
- PDD Holdings (PDD) gross profit in 2025 was $236.42B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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