Runs e-commerce platforms for online shoppers.
Dec 2025Revenue $61.8B/yrExpenses $48.4B/yr
Reached break-even Jul 2021
Figures by year
When did PDD Holdings become profitable?
Its revenue passed its expenses in Jul 2021. In the 12 months to Dec 2025, revenue was $61.8B and expenses $48.4B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $61.8B | $48.4B | $13.3B |
| Dec 2024 | $54.0B | $39.1B | $14.9B |
| Dec 2023 | $34.9B | $26.6B | $8.27B |
| Dec 2022 | $18.9B | $14.5B | $4.41B |
| Dec 2021 | $14.7B | $13.7B | $1.08B |
| Dec 2020 | $9.12B | $10.6B | −$1.44B |
| Dec 2019 | $4.33B | $5.56B | −$1.23B |
| Dec 2018 | $1.91B | $3.48B | −$1.57B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.