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 | 10,291 | 13,286 | 12,977 | 14,509 | 14,852 | 16,534 | 14,301 | 15,544 | 16,186 | 18,523 | 15,879 | 16,796 |
| Cost of revenue | 4,011 | 5,244 | 4,887 | 5,037 | 5,936 | 7,145 | 6,121 | 6,855 | 7,002 | 8,245 | 7,010 | 7,178 |
| Gross profit | 6,280 | 8,043 | 8,090 | 9,471 | 8,916 | 9,389 | 8,180 | 8,689 | 9,184 | 10,278 | 8,870 | 9,618 |
| 3,790 | 4,695 | 4,207 | 4,604 | 5,285 | 5,564 | 5,776 | 4,833 | 5,443 | 6,362 | 5,945 | 5,468 | |
| Research & development | 426 | 428 | 435 | 435 | 458 | 565 | 535 | 537 | 648 | 747 | 660 | 683 |
| 3,364 | 4,267 | 3,772 | 4,169 | 4,827 | 4,999 | 5,241 | 4,296 | 4,795 | 5,615 | 5,285 | 4,785 | |
| Selling & marketing | 3,251 | 3,982 | 3,500 | 3,894 | 4,557 | 4,687 | 4,993 | 4,067 | 4,533 | 5,135 | 5,049 | 4,435 |
| General & administrative | 113 | 285 | 273 | 275 | 270 | 312 | 248 | 229 | 262 | 480 | 236 | 350 |
| Operating income | 2,490 | 3,348 | 3,883 | 4,868 | 3,631 | 3,826 | 2,405 | 3,856 | 3,741 | 3,916 | 2,925 | 4,150 |
| 358 | 668 | 1,060 | 801 | 731 | 1,037 | 469 | 1,456 | 1,239 | 787 | −420 | 830 | |
| Interest income | 318 | 652 | 755 | 726 | 810 | 782 | 33 | 1,558 | 1,280 | 953 | 0 | 2,019 |
| Interest expense | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 0 |
| Other non-operating income | 0 | −669 | −1,060 | −801 | −731 | −1,037 | −469 | −1,456 | −1,239 | −3,938 | 325 | −829 |
| Income before tax | 2,848 | 4,015 | 4,943 | 5,669 | 4,362 | 4,863 | 2,873 | 5,312 | 4,980 | 4,704 | 2,505 | 4,980 |
| Income tax expense | 525 | 535 | 758 | 884 | 628 | 760 | 670 | 715 | 596 | 1,263 | 615 | 911 |
| Net income from continuing operations | 2,323 | 3,480 | 4,185 | 4,785 | 3,734 | 4,103 | 2,204 | 4,597 | 4,384 | 3,441 | 1,890 | 4,069 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −14 | −6 |
| Net income | 2,323 | 3,480 | 4,185 | 4,785 | 3,734 | 4,103 | 2,204 | 4,597 | 4,384 | 3,441 | 1,876 | 4,063 |
| EPS, basic | $1.70 | $2.54 | $3.04 | $3.46 | $2.70 | $2.95 | $1.58 | $3.29 | $3.13 | $2.61 | $1.33 | $2.88 |
| EPS, diluted | $1.58 | $2.37 | $2.83 | $3.23 | $2.53 | $2.77 | $1.49 | $3.10 | $2.95 | $2.47 | $1.26 | $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 | 2,573 | 4,046 | 4,972 | 5,698 | 4,392 | 4,889 | 2,900 | 5,338 | 4,980 | 7,854 | 2,600 | 4,980 |
| Depreciation & amortization | 83 | 29 | 29 | 29 | 29 | 26 | 26 | 26 | 0 | 0 | 0 | 0 |
| EBIT | 2,490 | 4,016 | 4,943 | 5,669 | 4,362 | 4,863 | 2,873 | 5,312 | 4,980 | 7,854 | 2,600 | 4,980 |