TTM
$34.84B
YoY change
+2.8%
5Y CAGR
+41.4%
Peak year (2025)
$34.29B
Cumulative gross profit
$132.52B
Gross Profit history chart for PDD Holdings (PDD) from 2016 to 2025
Latest: $34.29B
Gross Profit growth chart for PDD Holdings (PDD) from 2016 to 2025
Latest: +2.8%
Gross Profit history table for PDD Holdings (PDD) from 2016 to 2025
| 2025 | $34.29B | +2.8% | +$919.54M | ||
| 2024 | $33.37B | +54.6% | +$11.79B | ||
| 2023 | $21.59B | +54.8% | +$7.64B | ||
| 2022 | $13.94B | +43.2% | +$4.21B | ||
| 2021 | $9.74B | +60.3% | +$3.66B | ||
| 2020 | $6.07B | +79.7% | +$2.69B | ||
| 2019 | $3.38B | +128.8% | +$1.90B | ||
| 2018 | $1.48B | +856.5% | +$1.32B | ||
| 2017 | $154.46M | -1545.2% | +$165.15M | ||
| 2016 | −$10.69M | — | — |
- 2025$34.29B+2.8%
- 2024$33.37B+54.6%
- 2023$21.59B+54.8%
- 2022$13.94B+43.2%
- 2021$9.74B+60.3%
- 2020$6.07B+79.7%
- 2019$3.38B+128.8%
- 2018$1.48B+856.5%
- 2017$154.46M-1545.2%
- 2016−$10.69M—
Gross Profit values are taken from PDD Holdings's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CNY.
About Gross Profit at PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's current gross profit (TTM) is $34.84B. 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 Holdings (PDD) most recent annual gross profit stands at 243.04B CNY (2025) – edged up 1.3% year-over-year.
PDD Holdings gross profit compound annual growth for the 2020–2025 (5 years) window is +43.3%, sustaining 9 straight years of year-over-year growth.
The highest annual gross profit of 243.04B CNY was reported in 2025. The lowest in the available history was −73.01M CNY in 2016.
PDD Holdings Gross Profit by Year
PDD Holdings Gross Profit 2025: $34.29B
PDD Holdings posted gross profit of 243.04B CNY ($34.29B) in 2025, edged up 1.3% from 2024. This figure represents the highest annual value in the available history.
PDD Holdings Gross Profit 2024: $33.37B
In 2024, PDD Holdings reported gross profit of 239.94B CNY ($33.37B), surged 53.9% from 2023.
PDD Holdings Gross Profit 2023: $21.59B
PDD Holdings gross profit in 2023 was 155.92B CNY ($21.59B), surged 57.3% from 2022.
PDD Holdings Gross Profit 2022: $13.94B
2022's gross profit for PDD Holdings came in at 99.10B CNY ($13.94B), surged 59.2% from 2021.
PDD Holdings Gross Profit 2021: $9.74B
PDD Holdings gross profit in 2021 was 62.23B CNY ($9.74B).
See more financial history for PDD Holdings (PDD).
Sector peers by Gross Profit
Consumer Cyclical peers of PDD Holdings (PDD), ranked by their latest gross profit
| $360.51B | |
| $58.86B | |
| $54.87B | |
| $28.89B | |
| $26.92B | |
| $18.69B | |
| $17.09B | |
| $15.44B |
- $360.51B
- $58.86B
- $54.87B
- $28.89B
- $26.92B
- $18.69B
- $17.09B
- $15.44B
Frequently asked questions
PDD Holdings (PDD) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation