Income Statement
Revenue$106.2B
Gross Profit$59.3B
Operating Income$19.6B
EBITDA$17.5B
Net Income$12.5B
PDD
PDD Holdings Inc.
NMSSector: Consumer CyclicalIndustry: Internet Retail
Valuation
Market Cap
$104.83B
Enterprise Value
$-324,610,031,616
P/E
7.7
TTMFwd P/E
6.0
1YP/B
1.7
P/S
0.2
TTMPEG
0.70
EV/EBITDA
-3.3
EV/Revenue
-0.7
FCF Yield
12.9%
EPS (TTM)
$9.52
Fwd EPS
$12.30
Book Value
$44.50
Market Data
Beta
-0.03
Avg Volume
8.7M
Shares Out
1.42B
Float
753.1M
Short % Float
4.0%
Insider %
0.7%
Institutional %
31.8%
D/E
1.2
Current Ratio
2.5
ROE
25.4%
ROA
10.3%
Rev Growth
11.0%
Net Inc Growth
-14.9%
Profit Margin
21.6%
Op Margin
18.4%
Gross Margin
56.0%
Total Cash
$436.07B
Total Debt
$5.12B
Financials
Latest period financial summary
Balance Sheet
Total Assets$637.7B
Current Assets$536.6B
Cash$123.0B
Total Liabilities$214.3B
Equity$423.4B
Total Debt$5.1B
Cash Flow
Operating CF$16.4B
Investing CF$2.1B
Financing CF$0
Free Cash Flow$16.4B
Financial Trends
Revenue$106.2B
2022/122026/3
Net Income$12.5B
2022/122026/3
EBITDA$17.5B
2022/122026/3
Free Cash Flow$16.4B
2022/122026/3
Period Analysis
Margins & Ratios
| Metric | 2021/12 | 2022/12 | 2023/12 | 2024/9 | 2024/12 | 2025/3 | 2025/6 | 2025/9 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $130.6B | $247.6B | — | $393.8B | $95.7B | $104.0B | $108.3B |
| Gross Margin | — | +75.9% | +63.0% | — | +60.9% | +57.2% | +55.9% | +56.7% |
| EBITDA Margin | — | +30.1% | +29.8% | — | +34.2% | +17.1% | +25.6% | +23.4% |
| Operating Margin | — | +23.3% | +23.7% | — | +27.5% | +16.8% | +24.8% | +23.1% |
| Net Margin | — | +24.2% | +24.2% | — | +28.5% | +15.4% | +29.6% | +27.1% |
| Current Ratio | — | 1.85 | 1.93 | — | 2.21 | 2.27 | 2.36 | 2.36 |
| Debt / Equity | — | 0.14 | 0.05 | — | 0.03 | 0.03 | 0.03 | 0.03 |
| Net Debt / EBITDA | — | -0.44 | -0.67 | — | -0.35 | -3.61 | -1.97 | -3.23 |
| ROE | — | +26.8% | +32.1% | — | +35.9% | +4.5% | +8.5% | +7.5% |
| ROA | — | +13.3% | +17.2% | — | +22.3% | +2.8% | +5.4% | +4.8% |
| Leverage | — | 0.50 | 0.46 | — | 0.38 | 0.38 | 0.36 | 0.36 |
Company Profile
PDD Holdings Inc.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
Employees
25K
Location
Dublin
Country
US
Golden Bazaar VerifiedUpdated: Jun 25, 2026Data Source: Golden Bazaar Verified · Updated: Jun 25, 2026
Sector Peers
Comparison Screen →Consumer Cyclical
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This page is prepared by Golden Bazaar using publicly available data. Not investment advice.