PDD Holdings delivered $15.21B in revenue and $4.12B in net income for Q3 2025. The company maintained profitability while facing a more competitive market landscape and rising expenses.

PDD Holdings delivered $14.52B in revenue and $4.29B in net income in Q2 2025, with earnings per share at $2.90. Despite revenue growth, operating and net income declined as the company continued to invest heavily in its ecosystem.

PDD Holdings delivered solid revenue growth in Q1 2025, but operating and net income declined sharply as the company prioritized strategic investments in its merchant ecosystem to bolster long-term platform sustainability.

PDD Holdings delivered robust results in Q4 2024, with total revenue reaching $15.15 billion, an increase of 24% year-over-year. The company reported net income of $3.76 billion and operating income of $3.51 billion. Non-GAAP EPS stood at $2.76 per ADS, reflecting continued growth driven by increased revenue from both transaction services and online marketing services.