stockrowPDD Holdings Inc. Sponsored ADR
PDD Consumer Cyclical Internet Retail
PDD Holdings Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $61.8 billion, up 14.5% from fiscal 2024.
- Revenue
- +14.1%
- EPS
- −7.17%
- Free cash flow
- +25.4%
Quarter to June 2026, against a year earlier
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PDD Holdings Inc. Sponsored ADR (PDD) Gross margin
PDD Holdings Inc. Sponsored ADR's gross margin over the twelve months to 30 June 2026 was 56.3%, up 0.1 percentage points from fiscal 2025 (56.3%). Over the past ten years it has ranged from −14.5% (fiscal 2016) to 79.0% (fiscal 2019); the current reading is higher than 20% of that period. That is above the Internet Retail industry median of 44.1% and above the Consumer Cyclical sector median of 35.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 56.3% | (4.64) |
| FY2024 | 60.9% | (2.04) |
| FY2023 | 63.0% | (12.94) |
| FY2022 | 75.9% | 9.66 |
| FY2021 | 66.2% | (1.35) |
| FY2020 | 67.6% | (11.38) |
| FY2019 | 79.0% | 1.11 |
| FY2018 | 77.9% | 19.31 |
| FY2017 | 58.6% | 73.02 |
| FY2016 | −14.5% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 57.3% | 1.40 |
| Mar 2026 | 55.9% | 0.30 |
| Dec 2025 | 55.6% | (1.18) |
| Sep 2025 | 56.7% | 0.84 |
| 30 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EBAY eBay Inc. compare | 72.2% |
| PDD PDD Holdings Inc. Sponsored ADR | 56.3% |
| DASH DoorDash, Inc. compare | 51.9% |
| SE Sea Limited Sponsored ADR compare | 44.3% |
| MELI MercadoLibre, Inc. compare | 42.7% |
| BABA Alibaba Group Holding Limited compare | 38.3% |
| W Wayfair Inc. compare | 30.1% |
| CPNG Coupang, Inc. compare | 27.4% |
| JD JD.com, Inc. compare | 16.6% |
| Internet Retail industry median | 44.1% |
| Consumer Cyclical sector median | 35.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PDD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement