PDD Holdings Inc. has grown revenue 49% a year over three years and 49% a year over five, with earnings per share compounding at 44%. Revenue growth, 3-year annual rate: +49% (Internet Retail median +11%). Revenue growth, 5-year rate: +49%, growth has picked up over the last three years. Earnings per share, 3-year rate: +44%, earnings lagged revenue: the growth is costing something. Years of annual history on file: 10, FY2016 to FY2025, as filed.

PDDPDD Holdings Inc.

Consumer Cyclical

$81.28-37% 1Y

$81.28

$73.3052 weeks$138.13

Is it growing?

Mixed

Neither accelerating nor breaking down: operating margin widening (+14.2 points), but earnings down −13% year on year.

1 good, 1 to watch, 1 neutral

Revenue trend+10% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +49% a year.

Earnings trend−13% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction+14.2 points operating

Trailing-twelve-month operating margin, 21.6% now against 7.3% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is PDD growing?

PDD Holdings Inc. has grown revenue 49% a year over three years and 49% a year over five, with earnings per share compounding at 44%.

+49%

Revenue growth, 3-year annual rate · Internet Retail median +11% · compounding fast · compounded from fiscal years as filed

Revenue growth, 5-year rate: +49%
Revenue growth, 5-year rate · +49% over three · growth has picked up over the last three years
Earnings per share, 3-year rate: +44%
Earnings per share, 3-year rate · revenue +49% · earnings lagged revenue: the growth is costing something
Years of annual history on file: 10
Years of annual history on file · FY2016 to FY2025, as filed