PDD Holdings Inc. (PDD)

Earnings Overview

Next Earnings Date

May 26, 2026

PDD Holdings Inc. (PDD) reported Dec-25 earnings with earnings per share of $2.53, a decrease of 8% compared to the same quarter last year. PDD revenue came in at $17.72 billion, up 17% year-over-year. The next PDD Holdings Inc. earnings report is expected on May 26, 2026.

Annual

YearEPSYoYRevenue (Bil)YoY
202510.13-11%60.57+11%
202411.44+79%54.66+58%
20236.40+59%34.66+80%

Quarterly

QuarterEPSYoYRevenue (Bil)YoY
Dec-252.53-8%17.72+17%
Sep-252.96+12%15.21+7%
Jun-253.08-4%14.50+9%
Mar-251.56-45%13.14+9%

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Earnings Call Summary

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Earnings Surprises

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Analyst Estimates

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PDD Beat/Miss History

PDD Holdings Inc. has beaten analyst EPS estimates in 19 of the last 23 quarters. The largest earnings beat was +1365.5% in Sep-21. The largest miss was -37.3% in Mar-25. On the revenue side, PDD exceeded estimates in 11 of 23 quarters.

PDD Growth Trajectory

PDD Holdings Inc. EPS growth has ranged from -45% to +641% over the last 19 quarters. PDD posted positive EPS growth in 16 of 19 quarters.

Revenue growth for PDD ranged from -8% to +119% over the same period. The most recent quarter brought in $17.72 billion in revenue.

PDD Annual Performance

In 2025, PDD Holdings Inc. earned $10.13 per share, down 11% from 2024 when EPS was $11.44. Full-year 2025 revenue for PDD was $60.57 billion, an increase of 11% year-over-year.