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) Operating margin
PDD Holdings Inc. Sponsored ADR's operating margin over the twelve months to 30 June 2026 was 21.9%, up 0.3 percentage points from fiscal 2025 (21.6%). Over the past ten years it has ranged from −113.2% (fiscal 2016) to 27.5% (fiscal 2024); the current reading is higher than 70% of that period. That is above the Internet Retail industry median of 0.76% and above the Consumer Cyclical sector median of 3.97%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 21.6% | (5.97) |
| FY2024 | 27.5% | 3.83 |
| FY2023 | 23.7% | 0.41 |
| FY2022 | 23.3% | 15.95 |
| FY2021 | 7.34% | 23.11 |
| FY2020 | −15.8% | 12.56 |
| FY2019 | −28.3% | 53.99 |
| FY2018 | −82.3% | (48.16) |
| FY2017 | −34.2% | 79.00 |
| FY2016 | −113.2% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 24.7% | 6.29 |
| Mar 2026 | 18.4% | (2.71) |
| Dec 2025 | 21.1% | (1.98) |
| Sep 2025 | 23.1% | (1.69) |
| 30 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PDD PDD Holdings Inc. Sponsored ADR | 21.9% |
| EBAY eBay Inc. compare | 20.3% |
| MELI MercadoLibre, Inc. compare | 8.26% |
| SE Sea Limited Sponsored ADR compare | 8.24% |
| DASH DoorDash, Inc. compare | 5.25% |
| BABA Alibaba Group Holding Limited compare | 4.34% |
| W Wayfair Inc. compare | 1.67% |
| JD JD.com, Inc. compare | 0.15% |
| CPNG Coupang, Inc. compare | −3.43% |
| Internet Retail industry median | 0.76% |
| Consumer Cyclical sector median | 3.97% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PDD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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