PDD Holdings annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
PDD Holdings Operating Expenses Growth & History (PDD)
PDD Holdings's operating expenses was $21.44B for fiscal 2025.
View full PDD Holdings company overviewPDD Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $21.44B | $3.42B | +19.01% |
| 2024 | 2024-12-31 | $18.02B | $4.32B | +31.58% |
| 2023 | 2023-12-31 | $13.69B | $3.73B | +37.48% |
| 2022 | 2022-12-31 | $9.96B | $1.28B | +14.70% |
| 2021 | 2021-12-31 | $8.68B | $1.08B | +14.25% |
| 2020 | 2020-12-31 | $7.60B | $2.96B | +63.61% |
| 2019 | 2019-12-31 | $4.65B | $1.59B | +51.99% |
| 2018 | 2018-12-31 | $3.06B | — | — |
PDD Holdings operating expenses trends
Over the last five fiscal years, PDD Holdings's operating expenses increased from $7.60B to $21.44B, a change of $13.84B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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