PDD Holdings annual operating margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
PDD Holdings Operating Margin Growth & History (PDD)
PDD Holdings's operating margin was 21.56% for fiscal 2025.
View full PDD Holdings company overviewPDD Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.56% | −5.97 pp |
| 2024 | 2024-12-31 | 27.53% | +3.83 pp |
| 2023 | 2023-12-31 | 23.70% | +0.42 pp |
| 2022 | 2022-12-31 | 23.29% | +15.95 pp |
| 2021 | 2021-12-31 | 7.34% | +23.11 pp |
| 2020 | 2020-12-31 | −15.77% | +12.56 pp |
| 2019 | 2019-12-31 | −28.33% | +53.99 pp |
| 2018 | 2018-12-31 | −82.32% | −48.16 pp |
| 2017 | 2017-12-31 | −34.16% | +22.53 pp |
| 2016 | 2016-12-31 | −56.69% | — |
PDD Holdings quarterly operating margin
No reported data
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|
PDD Holdings operating margin trends
Over the last five reported fiscal years, PDD Holdings's operating margin increased from −15.77% to 21.56%, a change of +37.33 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review PDD Holdings filings at SEC.gov ↗