# PDD Holdings Inc. (PDD)

> Consumer Cyclical · IE · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/PDD/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 122.09B | $ 16.46B | $ 16.45B | $ 713.89M | $ 65.99B |
| 2025 | $ 442.17B | $ 100.18B | $ 109.50B | $ 5.38B | $ 415.17B |
| 2024 | $ 413.95B | $ 118.18B | $ 127.14B | $ 10.61B | $ 313.31B |
| 2023 | $ 267.76B | $ 64.90B | $ 101.18B | $ 10.17B | $ 187.24B |
| 2022 | $ 145.85B | $ 35.23B | $ 28.12B | $ 16.93B | $ 117.77B |
| 2021 | $ 111.67B | $ 9.23B | $ 34.16B | $ 12.76B | $ 75.11B |
| 2020 | $ 75.79B | $ -9.15B | $ 35.89B | $ 16.97B | $ 60.18B |
| 2019 | $ 38.91B | $ -8.99B | $ 19.08B | $ 6.65B | $ 24.65B |
| 2018 | $ 17.33B | $ -13.49B | $ 9.20B | $ 0 | $ 18.82B |
| 2017 | $ 2.35B | $ -707.40M | $ 410.01M | $ 0 | $ 1.20B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.01 |
| Liabilities / Eq | 0.48 |
| Current Ratio | 2.62 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 0.02 |
| Gross Debt / FCF | 0.01 |

## Other views

- [Metrics](https://sponda.capital/en/PDD.md)
- [Charts](https://sponda.capital/en/PDD/charts.md)
- [Compare](https://sponda.capital/en/PDD/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-28.