PDD Holdings Inc. (PDD) Earnings History
Annual and quarterly earnings data from 2016 to 2024
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PDD EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
PDD Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 60.9% | 27.5% | 28.5% |
| 2023 | 63.0% | 23.7% | 24.2% |
| 2022 | 75.9% | 23.3% | 24.2% |
| 2021 | 66.2% | 7.3% | 8.3% |
| 2020 | 67.6% | -15.8% | -12.1% |
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PDD Holdings Inc. (PDD) Earnings Overview
As of May 6, 2026, PDD Holdings Inc. (PDD) reported trailing twelve-month net income of $102.27B, reflecting +84.8% year-over-year growth. The company earned $68.71 per diluted share over the past four quarters, with a net profit margin of 28.5%.
Looking at the long-term picture, PDD's historical earnings data spans multiple years. The company achieved its highest annual net income of $112.43B in fiscal 2024, representing a new all-time high.
PDD Holdings Inc. maintains industry-leading profitability with a gross margin of 60.9%, operating margin of 27.5%, and net margin of 28.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BABA ($123.35B net income, 13.1% margin), JD ($32.20B net income, 3.6% margin), VIPS ($6.92B net income, 7.1% margin), PDD has outperformed on profitability metrics. Compare PDD vs BABA →
PDD Earnings vs Peers
Earnings metrics vs comparable public companies
PDD Historical Earnings Data (2016–2024)
9 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $112.43B | +87.3% | $108.42B | $76.00 | 28.5% | 27.5% |
| 2023 | $60.03B | +90.3% | $58.70B | $41.12 | 24.2% | 23.7% |
| 2022 | $31.54B | +306.0% | $30.40B | $21.92 | 24.2% | 23.3% |
| 2021 | $7.77B | +208.2% | $6.90B | $5.44 | 8.3% | 7.3% |
| 2020 | -$7.18B | -3.0% | -$9.38B | $-6.04 | -12.1% | -15.8% |
| 2019 | -$6.97B | +31.8% | -$8.54B | $-6.04 | -23.1% | -28.3% |
| 2018 | -$10.22B | -1845.7% | -$10.80B | $-13.88 | -77.9% | -82.3% |
| 2017 | -$525M | -79.8% | -$596M | $-0.60 | -30.1% | -34.2% |
| 2016 | -$292M | - | -$286M | $-0.34 | -57.8% | -56.7% |
Full PDD Stock Analysis
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Start ComparisonPDD — Frequently Asked Questions
Quick answers to the most common questions about buying PDD stock.
Is PDD growing earnings?
PDD EPS is $68.71, with earnings growth accelerating to +84.8%. This exceeds the 5-year CAGR of N/A. TTM net income reached $102.3B.
What are PDD's profit margins?
PDD Holdings Inc. net margin is +28.5%, with operating margin at +27.5%. Above-average margins indicate pricing power.
How consistent are PDD's earnings?
PDD earnings data spans 2016-2024. The accelerating earnings trend is +84.8% YoY. Historical data enables comparison across business cycles.