PDD
Income statement / Annual
Last year (2024), PDD Holdings Inc.'s total revenue was $393.84 B,
an increase of 59.04% from the previous year.
In 2024, PDD Holdings Inc.'s net income was $112.43 B.
See PDD Holdings Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$393.84 B |
$247.64 B |
$130.56 B |
$93.95 B |
$59.49 B |
$30.14 B |
$13.12 B |
$1.74 B |
$504.86 M |
| Cost of Revenue |
$153.90 B
|
$91.72 B
|
$31.46 B
|
$31.72 B
|
$19.28 B
|
$6.34 B
|
$2.91 B
|
$722.83 M
|
$577.87 M
|
| Gross Profit |
$239.94 B
|
$155.92 B
|
$99.10 B
|
$62.23 B
|
$40.21 B
|
$23.80 B
|
$10.21 B
|
$1.02 B
|
-$73.01 M
|
| Gross Profit Ratio |
0.61
|
0.63
|
0.76
|
0.66
|
0.68
|
0.79
|
0.78
|
0.59
|
-0.14
|
| Research and Development Expenses |
$12.66 B
|
$10.95 B
|
$10.38 B
|
$8.99 B
|
$6.89 B
|
$3.87 B
|
$1.12 B
|
$129.18 M
|
$29.42 M
|
| General & Administrative Expenses |
$7.55 B
|
$4.08 B
|
$3.96 B
|
$1.54 B
|
$1.51 B
|
$1.30 B
|
$6.46 B
|
$133.21 M
|
$14.79 M
|
| Selling & Marketing Expenses |
$111.30 B
|
$82.19 B
|
$54.34 B
|
$44.80 B
|
$41.19 B
|
$27.17 B
|
$13.44 B
|
$1.34 B
|
$168.99 M
|
| Selling, General & Administrative Expenses |
$118.85 B
|
$86.26 B
|
$58.31 B
|
$46.34 B
|
$42.70 B
|
$28.47 B
|
$19.90 B
|
$1.48 B
|
$183.78 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$10.00 M
|
$0.00
|
| Operating Expenses |
$131.51 B
|
$97.22 B
|
$68.69 B
|
$55.34 B
|
$49.59 B
|
$32.34 B
|
$21.01 B
|
$1.62 B
|
$213.20 M
|
| Cost And Expenses |
$285.41 B
|
$188.94 B
|
$100.16 B
|
$87.05 B
|
$68.87 B
|
$38.68 B
|
$23.92 B
|
$2.33 B
|
$791.07 M
|
| Interest Income |
$20.55 B
|
$10.24 B
|
$4.00 B
|
$3.06 B
|
$2.46 B
|
$1.54 B
|
$584.94 M
|
$80.78 M
|
$4.46 M
|
| Interest Expense |
$0.00
|
$43.99 M
|
$51.66 M
|
$1.23 B
|
$757.34 M
|
$145.86 M
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$708.76 M
|
$786.24 M
|
$2.22 B
|
$1.50 B
|
$651.52 M
|
$637.83 M
|
$497.00 M
|
$2.27 M
|
$756.00 K
|
| EBITDA |
$109.13 B |
$59.48 B |
$32.63 B |
$8.39 B |
-$8.73 B |
-$7.90 B |
-$4.35 B |
-$583.46 M |
-$285.45 M |
| EBITDA Ratio |
0.28
|
0.24
|
0.25
|
0.09
|
-0.15
|
-0.26
|
-0.33
|
-0.33
|
-0.57
|
| Operating Income Ratio |
0.28
|
0.24
|
0.23
|
0.07
|
-0.16
|
-0.28
|
-0.82
|
-0.34
|
-0.57
|
| Total Other Income/Expenses Net |
$24.28 B
|
$13.18 B
|
$5.86 B
|
$2.81 B
|
$2.20 B
|
$1.57 B
|
$582.62 M
|
$70.61 M
|
-$5.77 M
|
| Income Before Tax |
$132.70 B
|
$71.88 B
|
$36.26 B
|
$9.70 B
|
-$7.18 B
|
-$6.97 B
|
-$10.22 B
|
-$525.12 M
|
-$291.98 M
|
| Income Before Tax Ratio |
0.34
|
0.29
|
0.28
|
0.1
|
-0.12
|
-0.23
|
-0.78
|
-0.3
|
-0.58
|
| Income Tax Expense |
$20.27 B
|
$11.85 B
|
$4.73 B
|
$1.93 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Net Income |
$112.43 B
|
$60.03 B
|
$31.54 B
|
$7.77 B
|
-$7.18 B
|
-$6.97 B
|
-$10.22 B
|
-$525.12 M
|
-$291.98 M
|
| Net Income Ratio |
0.29
|
0.24
|
0.24
|
0.08
|
-0.12
|
-0.23
|
-0.78
|
-0.3
|
-0.58
|
| EPS |
81.24 |
44.32 |
24.96 |
6.2 |
-6.04 |
-6.04 |
-13.88 |
-0.6 |
-0.34 |
| EPS Diluted |
76 |
41.12 |
21.92 |
5.44 |
-6.04 |
-6.04 |
-13.88 |
-0.6 |
-0.34 |
| Weighted Average Shares Out |
$1.38 B
|
$1.35 B
|
$1.26 B
|
$1.25 B
|
$1.19 B
|
$1.15 B
|
$741.90 M
|
$860.58 M
|
$860.58 M
|
| Weighted Average Shares Out Diluted |
$1.48 B
|
$1.46 B
|
$1.44 B
|
$1.43 B
|
$1.19 B
|
$1.16 B
|
$742.08 M
|
$860.58 M
|
$860.58 M
|
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