PDD Cash Flow Statement
NASDAQ: PDDConsumer DiscretionaryBusiness ServicesUSD
81.35+3.09 (+3.95%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PDD free cash flow
In fiscal 2025, PDD generated $15.29 billion of operating cash flow. That left free cash flow of $15.29 billion, a free-cash-flow margin of 24.8% of revenue. Free cash flow was down 8.5% from the prior year's $16.70 billion.
Summary generated from market data by MetaCap's automated system. Methodology
PDD cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20202021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 13.99B | 15.40B | 8.45B | 4.57B | 1.22B | -1.10B | -1.00B | -1.49B |
| Net Income growth (YoY) | -9.17% | +82.19% | +84.90% | +275.09% | — | — | — | — |
| Depreciation & Amortization | 86.01M | 97.10M | 110.74M | 322.47M | 234.66M | 99.85M | 91.62M | 72.29M |
| Stock-Based Compensation | 1.13B | 1.35B | 997.03M | 1.12B | 749.26M | 553.72M | 367.39M | 995.07M |
| Change in Working Capital | -740.41M | -100.45M | -767.30M | 122.42M | 282.53M | -571.20M | -113.61M | -137.88M |
| Operating Cash Flow | 15.29B | 16.70B | 13.26B | 7.03B | 4.52B | 4.32B | 2.13B | 1.13B |
| Capital Expenditures | — | — | — | — | — | -6.60M | -3.94M | -3.98M |
| Investing Cash Flow | -6.21B | -16.21B | -7.81B | -3.24B | -5.58B | -5.88B | -4.07B | -1.10B |
| Financing Cash Flow | -747.50M | 159.00K | -1.26B | 1.46M | -294.25M | 7.94B | 2.28B | 2.52B |
| Net Change in Cash | 8.08B | 604.79M | 4.15B | 3.81B | -1.38B | 6.36B | 403.08M | 2.63B |
| Free Cash Flow | 15.29B | 16.70B | 13.26B | 7.03B | 4.52B | 4.31B | 2.12B | 1.13B |
This table shows 8 annual periods of PDD's cash flow statement, from FY 2025 back to FY 2018, across 10 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PDD's reporting calendar. What is a cash flow statement?