PDD Holdings Inc.
Statements
Cash Flow
All figures as a percentage of revenue in the same period.
Tick rows to compare them in a chart (up to 4)
| Line item | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | LTM* |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44.8% | 47.3% | 24.3% | 24.3% | 45.1% | 27.7% | 26.7% | 16.2% | 20.8% | 42.2% | 19.7% | 15.6% | 24.5% | |
| – | – | – | 2.2% | – | – | – | – | – | – | – | – | – | |
| 3.6% | 2.1% | 3.0% | 3.0% | 2.5% | 2.5% | 2.2% | 2.3% | 1.9% | 1.9% | 1.4% | 1.7% | 1.7% | |
| 19.7% | 24.7% | – | – | – | – | – | – | – | – | – | – | – | |
| – | – | – | 16.2% | – | – | – | -11.5% | – | – | – | – | – | |
| 0.0% | 0.0% | 0.0% | 0.7% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| -22.0% | -7.0% | – | -32.6% | -43.9% | -17.0% | – | -6.7% | -26.0% | -10.7% | 1.3% | 2.0% | -7.9% | |
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -4.3% | -5.0% | -2.4% | |
| 24.4% | 40.6% | -8.1% | -8.1% | 1.5% | 9.6% | 0.5% | 9.5% | -5.2% | 30.9% | 15.8% | 15.6% | 14.5% | |
| 44.8% | 47.3% | 24.3% | 24.3% | 45.1% | 27.7% | 26.7% | 16.2% | 20.8% | 42.2% | 19.7% | 15.6% | 24.5% |
LTM = last twelve months (sum of the four most recent quarters).
Data as of: August 13, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.