PDD (ADR) (PDD)
Operates Pinduoduo in China and Temu for international value-focused commerce.
$80.36
After hours+0.01 (+0.01%)
At close$80.35(+1.33%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,276 | 13,268 | 12,959 | 14,488 | 14,831 | 16,511 | 14,281 | 15,522 | 16,163 | 18,497 | 15,857 | 16,772 |
| Cost of revenue | 4,005 | 5,236 | 4,880 | 5,030 | 5,928 | 7,135 | 6,112 | 6,846 | 6,992 | 8,233 | 7,000 | 7,168 |
| Gross profit | 6,271 | 8,031 | 8,078 | 9,458 | 8,903 | 9,376 | 8,169 | 8,677 | 9,171 | 10,264 | 8,857 | 9,604 |
| 3,785 | 4,688 | 4,201 | 4,597 | 5,277 | 5,556 | 5,768 | 4,826 | 5,435 | 6,353 | 5,937 | 5,460 | |
| Research & development | 425 | 428 | 434 | 434 | 457 | 564 | 534 | 536 | 647 | 746 | 659 | 682 |
| 3,360 | 4,261 | 3,767 | 4,163 | 4,820 | 4,992 | 5,234 | 4,290 | 4,788 | 5,607 | 5,277 | 4,778 | |
| Selling & marketing | 3,246 | 3,976 | 3,495 | 3,888 | 4,550 | 4,681 | 4,986 | 4,062 | 4,526 | 5,128 | 5,041 | 4,429 |
| General & administrative | 113 | 284 | 272 | 274 | 270 | 311 | 248 | 229 | 262 | 479 | 236 | 350 |
| Operating income | 2,486 | 3,343 | 3,877 | 4,861 | 3,626 | 3,820 | 2,401 | 3,850 | 3,736 | 3,911 | 2,921 | 4,144 |
| 357 | 667 | 1,059 | 800 | 730 | 1,036 | 468 | 1,454 | 1,237 | 786 | −419 | 828 | |
| Interest income | 318 | 651 | 754 | 725 | 808 | 781 | 33 | 1,556 | 1,279 | 951 | 0 | 2,016 |
| Interest expense | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 0 |
| Other non-operating income | 0 | −668 | −1,059 | −800 | −730 | −1,036 | −468 | −1,454 | −1,237 | −3,932 | 325 | −828 |
| Income before tax | 2,844 | 4,010 | 4,936 | 5,661 | 4,356 | 4,856 | 2,869 | 5,304 | 4,973 | 4,697 | 2,502 | 4,973 |
| Income tax expense | 524 | 534 | 756 | 883 | 627 | 759 | 669 | 714 | 595 | 1,261 | 614 | 909 |
| Net income from continuing operations | 2,319 | 3,475 | 4,179 | 4,778 | 3,729 | 4,097 | 2,201 | 4,591 | 4,378 | 3,436 | 1,887 | 4,063 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −14 | −6 |
| Net income | 2,319 | 3,475 | 4,179 | 4,778 | 3,729 | 4,097 | 2,201 | 4,591 | 4,378 | 3,436 | 1,873 | 4,058 |
| EPS, basic | $1.70 | $2.54 | $3.03 | $3.45 | $2.69 | $2.95 | $1.58 | $3.28 | $3.13 | $2.61 | $1.33 | $2.88 |
| EPS, diluted | $1.58 | $2.36 | $2.83 | $3.22 | $2.53 | $2.76 | $1.49 | $3.10 | $2.94 | $2.47 | $1.25 | $2.75 |
| Weighted average shares, basic | 1,366 | 1,370 | 1,377 | 1,383 | 1,386 | 1,389 | 1,392 | 1,397 | 1,399 | 1,403 | 1,404 | 1,407 |
| Weighted average shares, diluted | 1,466 | 1,471 | 1,477 | 1,481 | 1,477 | 1,481 | 1,483 | 1,482 | 1,488 | 1,487 | 1,480 | 1,474 |
| EBITDA | 2,569 | 4,040 | 4,965 | 5,690 | 4,385 | 4,882 | 2,896 | 5,331 | 4,973 | 7,843 | 2,596 | 4,973 |
| Depreciation & amortization | 83 | 29 | 29 | 29 | 29 | 26 | 26 | 26 | 0 | 0 | 0 | 0 |
| EBIT | 2,486 | 4,011 | 4,936 | 5,661 | 4,356 | 4,856 | 2,869 | 5,304 | 4,973 | 7,843 | 2,596 | 4,973 |