Latest fiscal year 2025 · computed deterministically from XBRL 10-K data · coverage 83%
In fiscal 2025, PDD Holdings Inc. reported revenue of $61.75B, up 14.5% year over year. Operating margin was 21.6% and net margin 22.7%, on a free-cash-flow margin of n/a with capital expenditure at n/a of revenue. Every figure is computed directly from PDD's SEC XBRL 10-K filing — deterministic, with no estimates.
| Fiscal year | Revenue | Op margin | Net margin |
|---|---|---|---|
| FY2025 | $61.75B | 21.6% | 22.7% |
| FY2024 | $53.96B | 27.5% | 28.5% |
| FY2023 | $34.88B | 23.7% | 24.2% |
| FY2022 | $18.93B | 23.3% | 24.2% |
| FY2021 | $14.74B | 7.3% | 8.3% |
How does PDD compare against its actual peer set?
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Source: SEC EDGAR XBRL (10-K filings), latest filed values. "n/a" = not disclosed under mapped tags — never estimated. Informational benchmarking, not investment advice. © CompsDesk / Sam Arora.