PDD Holdings Inc. revenue by year
Over the 8 fiscal years shown, revenue went from $1.91B (year ended Dec 31, 2018) to $61.75B (year ended Dec 31, 2025), a compound annual growth rate of 64.3%. The fastest growth was +126.9% in the year ended Dec 31, 2019; the weakest year was +14.5% (year ended Dec 31, 2025).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $61.75B | +14.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 29, 2026 |
| Dec 31, 2024 | $53.96B | +54.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 28, 2025 |
| Dec 31, 2023 | $34.88B | +84.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 25, 2024 |
| Dec 31, 2022 | $18.93B | +28.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 26, 2023 |
| Dec 31, 2021 | $14.74B | +61.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 25, 2022 |
| Dec 31, 2020 | $9.12B | +110.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 30, 2021 |
| Dec 31, 2019 | $4.33B | +126.9% | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 24, 2020 |
| Dec 31, 2018 | $1.91B | — | RevenueFromContractWithCustomerExcludingAssessedTax | 20-F filed Apr 24, 2019 |
Source: SEC EDGAR XBRL company facts for CIK 1737806 (raw data). Most recent filing in this dataset: 20-F filed Apr 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.