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Pinduoduo (PDD) Total Assets by Year

PDD

Pinduoduo closed fiscal year 2025 with $90.1B in total assets, $31.0B in total liabilities and $59.1B in shareholder equity. This represents an increase of 30.2% from the prior fiscal year. The table below carries 8 fiscal years, from 2018 to 2025, and the quarters Pinduoduo has filed alongside them.

FY2025 annual
Total Assets $90.1B
Total Liabilities $31.0B
Total Equity $59.1B
YoY +30.2%
5Y CAGR +29.9%
Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Currency USD

Annual figures, oldest first. Point at a bar to read its period.

PDD Balance Sheet by Fiscal Year

Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.

MetricFY2520-FFY2410-KFY2310-KFY2210-KFY2110-KFY2010-KFY1910-KFY1810-K
Total Assets$90.1B+30.2%$69.2B+41.1%$49.0B+42.6%$34.4B+20.9%$28.4B+16.8%$24.4B+122.9%$10.9B+73.9%$6.3B
Total Liabilities$31.0B+18.0%$26.3B+15.9%$22.7B+30.9%$17.3B+3.9%$16.6B+10.0%$15.1B+104.9%$7.4B+108.4%$3.5B
Total Equity$59.1B+37.7%$42.9B+62.8%$26.4B+54.4%$17.1B+44.9%$11.8B+27.8%$9.2B+160.5%$3.5B+29.3%$2.7B

PDD Balance Sheet by Quarter

Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.

MetricQ4'2520-FQ4'2410-KQ4'2310-KQ4'2210-KQ4'2110-KQ4'2010-KQ3'2010-QQ4'1910-KQ4'1810-K
Total Assets$90.1B+30.2%$69.2B+41.1%$49.0B+42.6%$34.4B+20.9%$28.4B+16.8%$24.4B+122.9%$14.6B$10.9B+73.9%$6.3B
Total Liabilities$31.0B+18.0%$26.3B+15.9%$22.7B+30.9%$17.3B+3.9%$16.6B+10.0%$15.1B+104.9%$10.5B$7.4B+108.4%$3.5B
Total Equity$59.1B+37.7%$42.9B+62.8%$26.4B+54.4%$17.1B+44.9%$11.8B+27.8%$9.2B+160.5%$4.2B$3.5B+29.3%$2.7B

What total assets means

Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders.

More Pinduoduo financials

Frequently Asked Questions

What was Pinduoduo's total assets in fiscal year 2025?

Pinduoduo closed fiscal year 2025 with $90.1B in total assets, $31.0B in total liabilities and $59.1B in shareholder equity.

How fast is Pinduoduo's total assets growing?

Pinduoduo (PDD) total assets rose by 30.2% year over year, from $69.2B to $90.1B in fiscal year 2025.

How has Pinduoduo's total assets changed over the years?

Across the 8 fiscal years this page covers, Pinduoduo (PDD) total assets went from $6.3B in fiscal year 2018 to $90.1B in fiscal year 2025.

Pinduoduo (PDD) reported $90.1B in total assets in Q4 2025. This represents an increase of 30.2% from the same quarter a year earlier.

Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders. This page lists what Pinduoduo (PDD) reported on that line in every period on record.