PDD Holdings (PDD) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $2.85
- EPS estimate
- $2.72
- EPS surprise
- +4.76%
- Revenue surprise
- −2.38%
- Revenue
- $16.5B
- Revenue estimate
- $16.9B
- Reported
- Aug 25, 2026
PDD Holdings reported Q2 2026 results on August 25, 2026. Earnings per share were $2.85, beating the $2.72 estimate by 4.76%. Revenue was $16.5 billion, 2.38% below the $16.9 billion consensus. Against Q2 2025, EPS fell about 7.5% from $3.08, while revenue rose about 14% from $14.5 billion. EPS more than doubled from the $1.38 reported for Q1 2026.
Over the longer record, annual EPS rose from $4.02 in 2022 to $6.48 in 2023 and $11.48 in 2024, then slipped to $10.14 in 2025. Revenue kept growing, from $19.3 billion in 2022 to $60.6 billion in 2025. Q1 was the weakest quarter in both 2025 and 2026 so far, at $1.57 and $1.38 per share, both well below estimates. The EPS high in the table is $3.20 in Q2 2024, and the revenue high is $17.7 billion in Q4 2025. PDD beat estimates in 15 of the last 20 quarters, but in only 4 of the last 8.
Third-quarter results came between November 18 and December 3 in each of the past five years. The next report would fall in that window in 2026 if the pattern holds. It will show whether EPS holds near the Q2 level.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 25, 2026 | $2.72 | $2.85 | +4.76% | $16.5B | SEC |
| Q1 2026 | May 28, 2026 | $2.40 | $1.38 | −42.56% | $15.4B | SEC |
| Q4 2025 | Mar 26, 2026 | $2.92 | $2.53 | −13.48% | $17.7B | SEC |
| Q3 2025 | Nov 18, 2025 | $2.33 | $2.96 | +27.09% | $15.2B | SEC |
| Q2 2025 | Aug 25, 2025 | $2.17 | $3.08 | +42.13% | $14.5B | SEC |
| Q1 2025 | May 27, 2025 | $2.60 | $1.57 | −39.59% | $13.2B | SEC |
| Q4 2024 | Mar 20, 2025 | $2.72 | $2.76 | +1.53% | $15.1B | SEC |
| Q3 2024 | Nov 21, 2024 | $2.79 | $2.65 | −5.04% | $14.2B | SEC |
| Q2 2024 | Aug 26, 2024 | $2.82 | $3.20 | +13.45% | $13.4B | SEC |
| Q1 2024 | May 22, 2024 | $1.45 | $2.87 | +97.49% | $12.0B | — |
| Q4 2023 | Mar 21, 2024 | $1.59 | $2.44 | +53.53% | $12.5B | SEC |
| Q3 2023 | Nov 28, 2023 | $1.22 | $1.59 | +30.36% | $9.4B | SEC |
| Q2 2023 | Aug 29, 2023 | $1.01 | $1.44 | +43.34% | $7.2B | SEC |
| Q1 2023 | May 26, 2023 | $0.65 | $1.01 | +55.02% | $5.5B | — |
| Q4 2022 | Mar 22, 2023 | $1.22 | $1.21 | −1.03% | $5.8B | SEC |
| Q3 2022 | Nov 28, 2022 | $0.68 | $1.21 | +78.07% | $5.0B | — |
| Q2 2022 | Aug 30, 2022 | $0.44 | $1.13 | +154.69% | $4.7B | — |
| Q1 2022 | May 31, 2022 | $0.29 | $0.47 | +61.40% | $3.8B | — |
| Q4 2021 | Mar 22, 2022 | $0.24 | $0.93 | +281.45% | $4.3B | — |
| Q3 2021 | Dec 3, 2021 | −$0.07 | $0.18 | +347.98% | $3.3B | — |
Quarterly revenue
Frequently asked questions
When did PDD Holdings (PDD) last report earnings?
PDD Holdings last reported on Aug 25, 2026, covering fiscal Q2 2026.
Did PDD beat earnings estimates?
Yes. PDD Holdings reported EPS of $2.85 for Q2 2026 against a $2.72 estimate — a 4.76% beat.
How much revenue did PDD report last quarter?
PDD Holdings reported $16.5B in revenue for Q2 2026, against a consensus estimate of $16.9B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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