# PDD Holdings operating income

entity: /record/pdd-holdings.md  
predicate: operating_income  
page: /record/pdd-holdings/operating_income  
as_of: 2026-11-01  

As of November 1, 2026, PDD Holdings's operating income on the AsOf record is CN¥93.1 billion, dated December 31, 2025, from a primary source (sec.gov). The record holds 10 claims on PDD Holdings's operating income, 1 still open and 9 superseded, each dated and sourced; a replaced value is closed with an end date, never deleted.

## Current operating income

What the record asserts on 2026-11-01.

- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 93,102,131,000 renminbi | valid 2025-12-31 to present | conf 0.95 | valid | [clm_5EA8425676D0](/claim/clm_5EA8425676D0.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465926050727/0001104659-26-050727-index.htm

## Every dated value

One claim per line, oldest first. Superseded claims stay visible.

- [PDD Holdings](/record/pdd-holdings.md) | operating_income | -286,210,000 renminbi | valid 2016-12-31 to 2017-12-31 | conf 0.95 | superseded | superseded_by [clm_AE56E4EE65E2](/claim/clm_AE56E4EE65E2.md) | [clm_947520D8DC4E](/claim/clm_947520D8DC4E.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465919023251/0001104659-19-023251-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | -595,724,000 renminbi | valid 2017-12-31 to 2018-12-31 | conf 0.95 | superseded | superseded_by [clm_C04386D06FA1](/claim/clm_C04386D06FA1.md) | [clm_AE56E4EE65E2](/claim/clm_AE56E4EE65E2.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465919023251/0001104659-19-023251-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | -10,799,741,000 renminbi | valid 2018-12-31 to 2019-12-31 | conf 0.95 | superseded | superseded_by [clm_83B9BD4944D2](/claim/clm_83B9BD4944D2.md) | [clm_C04386D06FA1](/claim/clm_C04386D06FA1.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465919023251/0001104659-19-023251-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | -8,538,211,000 renminbi | valid 2019-12-31 to 2020-12-31 | conf 0.95 | superseded | superseded_by [clm_BFA15565185C](/claim/clm_BFA15565185C.md) | [clm_83B9BD4944D2](/claim/clm_83B9BD4944D2.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465920051022/0001104659-20-051022-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | -9,380,325,000 renminbi | valid 2020-12-31 to 2021-12-31 | conf 0.95 | superseded | superseded_by [clm_14811CBC5D94](/claim/clm_14811CBC5D94.md) | [clm_BFA15565185C](/claim/clm_BFA15565185C.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465921058237/0001104659-21-058237-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 6,896,762,000 renminbi | valid 2021-12-31 to 2022-12-31 | conf 0.95 | superseded | superseded_by [clm_9E13DD40E1DA](/claim/clm_9E13DD40E1DA.md) | [clm_14811CBC5D94](/claim/clm_14811CBC5D94.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465922049283/0001104659-22-049283-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 30,401,921,000 renminbi | valid 2022-12-31 to 2023-12-31 | conf 0.95 | superseded | superseded_by [clm_3747B8813CF8](/claim/clm_3747B8813CF8.md) | [clm_9E13DD40E1DA](/claim/clm_9E13DD40E1DA.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465923049927/0001104659-23-049927-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 58,698,762,000 renminbi | valid 2023-12-31 to 2024-12-31 | conf 0.95 | superseded | superseded_by [clm_0FDF124D18B5](/claim/clm_0FDF124D18B5.md) | [clm_3747B8813CF8](/claim/clm_3747B8813CF8.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/0001104659-24-051610-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 108,422,862,000 renminbi | valid 2024-12-31 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_5EA8425676D0](/claim/clm_5EA8425676D0.md) | [clm_0FDF124D18B5](/claim/clm_0FDF124D18B5.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/0001410578-25-000951-index.htm
- [PDD Holdings](/record/pdd-holdings.md) | operating_income | 93,102,131,000 renminbi | valid 2025-12-31 to present | conf 0.95 | valid | [clm_5EA8425676D0](/claim/clm_5EA8425676D0.md)
  sources: https://www.sec.gov/Archives/edgar/data/1737806/000110465926050727/0001104659-26-050727-index.htm

## What replaced what

- -CN¥286.21 million (2016-12-31 to 2017-12-31, [clm_947520D8DC4E](/claim/clm_947520D8DC4E.md)) was replaced by -CN¥595.72 million from 2017-12-31 ([clm_AE56E4EE65E2](/claim/clm_AE56E4EE65E2.md))
- -CN¥595.72 million (2017-12-31 to 2018-12-31, [clm_AE56E4EE65E2](/claim/clm_AE56E4EE65E2.md)) was replaced by -CN¥10.8 billion from 2018-12-31 ([clm_C04386D06FA1](/claim/clm_C04386D06FA1.md))
- -CN¥10.8 billion (2018-12-31 to 2019-12-31, [clm_C04386D06FA1](/claim/clm_C04386D06FA1.md)) was replaced by -CN¥8.54 billion from 2019-12-31 ([clm_83B9BD4944D2](/claim/clm_83B9BD4944D2.md))
- -CN¥8.54 billion (2019-12-31 to 2020-12-31, [clm_83B9BD4944D2](/claim/clm_83B9BD4944D2.md)) was replaced by -CN¥9.38 billion from 2020-12-31 ([clm_BFA15565185C](/claim/clm_BFA15565185C.md))
- -CN¥9.38 billion (2020-12-31 to 2021-12-31, [clm_BFA15565185C](/claim/clm_BFA15565185C.md)) was replaced by CN¥6.9 billion from 2021-12-31 ([clm_14811CBC5D94](/claim/clm_14811CBC5D94.md))
- CN¥6.9 billion (2021-12-31 to 2022-12-31, [clm_14811CBC5D94](/claim/clm_14811CBC5D94.md)) was replaced by CN¥30.4 billion from 2022-12-31 ([clm_9E13DD40E1DA](/claim/clm_9E13DD40E1DA.md))
- CN¥30.4 billion (2022-12-31 to 2023-12-31, [clm_9E13DD40E1DA](/claim/clm_9E13DD40E1DA.md)) was replaced by CN¥58.7 billion from 2023-12-31 ([clm_3747B8813CF8](/claim/clm_3747B8813CF8.md))
- CN¥58.7 billion (2023-12-31 to 2024-12-31, [clm_3747B8813CF8](/claim/clm_3747B8813CF8.md)) was replaced by CN¥108.42 billion from 2024-12-31 ([clm_0FDF124D18B5](/claim/clm_0FDF124D18B5.md))
- CN¥108.42 billion (2024-12-31 to 2025-12-31, [clm_0FDF124D18B5](/claim/clm_0FDF124D18B5.md)) was replaced by CN¥93.1 billion from 2025-12-31 ([clm_5EA8425676D0](/claim/clm_5EA8425676D0.md))

## Questions this record answers

### What is PDD Holdings's current operating income?

CN¥93.1 billion, dated December 31, 2025, from a primary source (sec.gov). The record asserts this claim as of November 1, 2026 (status valid, confidence 0.95).

### When did PDD Holdings's operating income last change?

The latest value on the record is CN¥93.1 billion, dated December 31, 2025; before it the record holds CN¥108.42 billion, dated December 31, 2024 and closed on December 31, 2025.

### What was PDD Holdings's operating income before CN¥93.1 billion?

CN¥108.42 billion, valid from December 31, 2024 to December 31, 2025 (status superseded), from a primary source (sec.gov).


## Get this data

- JSON: /v1/entities/pdd-holdings/operating_income (this fact) · /v1/entities/pdd-holdings?predicates=operating_income (with the entity's coverage; add as_of=YYYY-MM-DD for a date)
- MCP: timeline(entity: "pdd-holdings", predicates: ["operating_income"]) for every dated value · fetch(id: "/record/pdd-holdings/operating_income.md") for this page
- Entity twin: /record/pdd-holdings.md · timeline: /timelines/pdd-holdings.md

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