PDD Income Statement - PDD Holdings Inc.

Complete source-backed income-statement history.

Historical Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2020-12-31	$4.27B	$1.81B	$2.45B	$328.55M	—	$2.81B	-$357.63M	—	-$240.35M	$0.00	-$245.6M	-$0.05	-$0.05	28,961,300	28,961,300
2019-12-31	—	—	—	—	—	—	—	—	—	—	—	—	—	7,655,394	7,655,394

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2025-12-31	$61.75B	$27B	—	$2.36B	—	$21.44B	$13.31B	—	$17.1B	$3.11B	$13.99B	$2.50	$2.36	5,590,930,000	5,929,576,000
2024-12-31	$53.96B	$21.08B	—	$1.73B	—	$18.02B	$14.85B	—	$18.18B	$2.78B	$15.4B	$2.78	$2.60	5,536,049,000	5,916,592,000
2023-12-31	$34.88B	$12.92B	—	$1.54B	—	$13.69B	$8.27B	—	$10.12B	$1.67B	$8.45B	$1.56	$1.45	5,416,106,000	5,839,630,000
2022-12-31	$18.93B	$4.56B	$14.37B	$1.51B	—	$9.96B	$4.41B	—	$5.26B	$685.16M	$4.57B	$0.90	$0.79	5,057,540	5,761,291
2021-12-31	$14.74B	$4.98B	$9.77B	$1.41B	—	$8.68B	$1.08B	—	$1.52B	$303.42M	$1.22B	$0.24	$0.21	5,012,651,334	5,713,764,297
2020-12-31	$9.12B	$2.95B	$6.16B	$1.06B	—	$7.6B	-$1.44B	—	-$1.1B	$0.00	-$1.1B	-$0.23	-$0.23	4,768,343,300	4,768,343,300
2019-12-31	$4.33B	$910.51M	$3.42B	$555.94M	—	$4.65B	-$1.23B	—	-$1B	—	-$1B	-$0.22	-$0.22	4,627,278,394	4,627,278,394
2018-12-31	$1.91B	$422.55M	$1.49B	$162.32M	—	$3.06B	-$1.57B	—	-$1.49B	—	-$1.49B	-$0.50	-$0.50	2,968,319,549	2,968,319,549
2017-12-31	—	—	—	—	—	—	—	—	—	—	—	—	—	1,764,799,346	1,764,799,346
2016-12-31	—	—	—	—	—	—	—	—	—	—	—	—	—	1,815,200,000	1,815,200,000