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Shares Outstanding for PDD Holdings (PDD)

According to PDD Holdings's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.49B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

1.49B

YoY change

+0.2%

5Y CAGR

+4.5%

Peak year (2025)

1.48B

Latest annual

1.48B

Shares Outstanding history chart for PDD Holdings (PDD) from 2016 to 2025

Shares Outstanding history table for PDD Holdings (PDD) from 2016 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
20251.48B+0.2%
20241.48B+1.3%
20231.46B+1.4%
20221.44B+0.8%
20211.43B+19.8%
20201.19B+3.0%
20191.16B+55.9%
2018742.08M-13.8%
2017860.58M0.0%
2016860.58M

Shares Outstanding 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 diluted shares outstanding of 1.48B – edged up 0.2% year-over-year.

Across 2020–2025 (5 years), PDD Holdings diluted shares outstanding produced a CAGR of +4.5% – sustaining 7 straight years of year-over-year growth.

Across the available history, diluted shares outstanding reached its high of 1.48B in 2025 and its low of 742.08M in 2018.

PDD Holdings (PDD) sits 4th of 8 Consumer Cyclical peers we track on this metric, against a peer median of 1.06B.

PDD Holdings Shares Outstanding by Year

PDD Holdings Shares Outstanding 2025: 1.48B

PDD Holdings diluted shares outstanding in 2025 was 1.48B, edged up 0.2% from 2024. This figure represents the highest annual value in the available history.

PDD Holdings Shares Outstanding 2024: 1.48B

PDD Holdings diluted shares outstanding in 2024 was 1.48B, edged up 1.3% from 2023.

PDD Holdings Shares Outstanding 2023: 1.46B

PDD Holdings diluted shares outstanding in 2023 was 1.46B, edged up 1.4% from 2022.

PDD Holdings Shares Outstanding 2022: 1.44B

PDD Holdings diluted shares outstanding in 2022 was 1.44B, edged up 0.8% from 2021.

PDD Holdings Shares Outstanding 2021: 1.43B

PDD Holdings diluted shares outstanding in 2021 was 1.43B.

See more financial history for PDD Holdings (PDD).

Sector peers — Shares Outstanding

Companies in the same sector as PDD Holdings, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
Amazon.com, Inc. (AMZN)10.83BConsumer Cyclical
Tesla, Inc. (TSLA)3.53BConsumer Cyclical
Alibaba Group Holding Limited (BABA)2.41BConsumer Cyclical
The TJX Companies, Inc. (TJX)1.13BConsumer Cyclical
The Home Depot, Inc. (HD)997.00MConsumer Cyclical
Booking Holdings Inc. (BKNG)815.98MConsumer Cyclical
McDonald's Corporation (MCD)716.40MConsumer Cyclical
Lowe's Companies, Inc. (LOW)560.00MConsumer Cyclical

Frequently asked questions

What is PDD Holdings's diluted shares outstanding?

Latest reported diluted shares outstanding for PDD Holdings (PDD) is 1.49B (period ending December 31, 2025).

How has PDD Holdings diluted shares outstanding changed year-over-year?

PDD Holdings (PDD) diluted shares outstanding changed +0.2% year-over-year on the latest annual filing.

What is the long-term growth rate of PDD Holdings diluted shares outstanding?

PDD Holdings (PDD) diluted shares outstanding compound annual growth rate is +4.5% over the most recent 5 years available.

When did PDD Holdings diluted shares outstanding hit its highest annual value?

PDD Holdings diluted shares outstanding reached its highest annual value of 1.48B in 2025.

What was PDD Holdings diluted shares outstanding in 2024?

PDD Holdings (PDD) diluted shares outstanding in 2024 was 1.48B.

What was PDD Holdings diluted shares outstanding in 2025?

PDD Holdings (PDD) diluted shares outstanding in 2025 was 1.48B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.