Revenue for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's current revenue (TTM) is $430.14B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PDD
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$430.14B
YoY change
+6.7%
5Y CAGR
+47.8%
Peak year (2025)
$420.08B
Cumulative revenue
$1.39T
Revenue history chart for PDD Holdings (PDD) from 2016 to 2025
Revenue history table for PDD Holdings (PDD) from 2016 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $420.08B | +6.7% | ||
| 2024 | $393.84B | +59.0% | ||
| 2023 | $247.64B | +89.7% | ||
| 2022 | $130.56B | +39.0% | ||
| 2021 | $93.95B | +57.9% | ||
| 2020 | $59.49B | +97.4% | ||
| 2019 | $30.14B | +129.7% | ||
| 2018 | $13.12B | +652.3% | ||
| 2017 | $1.74B | +245.5% | ||
| 2016 | $504.86M | — |
Revenue 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
As of the 2025 fiscal year, PDD Holdings (PDD) reported revenue of $420.08B – grew 6.7% year-over-year.
Over 2020–2025 (5 years), PDD Holdings revenue expanded at a +47.8% compound annual rate, sustaining 9 straight years of year-over-year growth.
2025 marks the peak revenue at $420.08B, with the historical low of $504.86M recorded in 2016.
Among 8 Consumer Cyclical peers, PDD Holdings (PDD) ranks 3rd; the peer median for revenue is $90.56B.
PDD Holdings Revenue by Year
PDD Holdings Revenue 2025: $420.08B
PDD Holdings revenue in 2025 was $420.08B, grew 6.7% from 2024. This figure represents the highest annual value in the available history.
PDD Holdings Revenue 2024: $393.84B
PDD Holdings revenue in 2024 was $393.84B, surged 59.0% from 2023.
PDD Holdings Revenue 2023: $247.64B
PDD Holdings revenue in 2023 was $247.64B, surged 89.7% from 2022.
PDD Holdings Revenue 2022: $130.56B
PDD Holdings revenue in 2022 was $130.56B, surged 39.0% from 2021.
PDD Holdings Revenue 2021: $93.95B
PDD Holdings revenue in 2021 was $93.95B.
See more financial history for PDD Holdings (PDD).
Sector peers — Revenue
Companies in the same sector as PDD Holdings, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $996.35B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $716.92B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $164.68B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $94.83B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $86.29B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $60.37B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $26.89B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's revenue?
- Latest reported revenue for PDD Holdings (PDD) is $430.14B (period ending December 31, 2025).
How has PDD Holdings revenue changed year-over-year?
- PDD Holdings (PDD) revenue changed +6.7% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings revenue?
- PDD Holdings (PDD) revenue compound annual growth rate is +47.8% over the most recent 5 years available.
When did PDD Holdings revenue hit its highest annual value?
- PDD Holdings revenue reached its highest annual value of $420.08B in 2025.
What was PDD Holdings revenue in 2024?
- PDD Holdings (PDD) revenue in 2024 was $393.84B.
What was PDD Holdings revenue in 2025?
- PDD Holdings (PDD) revenue in 2025 was $420.08B.
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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