Operating Cash Flow CAGR:-11.18%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Operating Cash Flow CAGR averages 60.12% over 3 years and 28.95% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash PDD Holdings Inc. generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
PDD Operating Cash Flow CAGR Chart
PDD Holdings Inc. (PDD)
PDD Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
PDD Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $16.70B | $15.29B | $-1.41B | -8.45% | -8.45% |
| 2024 | $13.26B | $16.70B | +$3.44B | +25.91% | +25.91% |
| 2023 | $1.02B | $13.26B | +$12.24B | +1201.36% | +1201.36% |
| 2022 | $4.53B | $1.02B | $-3.51B | -77.50% | -77.50% |
| 2021 | $4.32B | $4.53B | +$210.15M | +4.86% | +4.86% |
| 2020 | $2.13B | $4.32B | +$2.19B | +102.97% | +102.97% |
| 2019 | $1.13B | $2.13B | +$998.84M | +88.44% | +88.44% |
| 2018 | $48.46M | $1.13B | +$1.08B | +2230.82% | +2230.82% |
| 2017 | $126.69M | $48.46M | $-78.23M | -61.75% | -61.75% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q4 2025 | $3.45B | -46.2% | -14.8% |
| Q3 2025 | $6.41B | +112.3% | +63.5% |
| Q2 2025 | $3.02B | +41.3% | -49.9% |
| Q1 2025 | $2.14B | -47.2% | -26.7% |
| Q4 2024 | $4.05B | +3.2% | -22.1% |
| Q3 2024 | $3.92B | -34.9% | -12.0% |
| Q2 2024 | $6.02B | +106.6% | +86.8% |
| Q1 2024 | $2.92B | -43.9% | +1397.4% |
| Q4 2023 | $5.20B | +16.6% | +831.5% |
| Q3 2023 | $4.46B | +38.1% | +172.1% |
| Q2 2023 | $3.23B | +1555.9% | +11.6% |
| Q1 2023 | $194.78M | -65.1% | — |
| Q4 2022 | $557.82M | -65.9% | -78.4% |
| Q3 2022 | $1.64B | -43.4% | +20.9% |
| Q2 2022 | $2.89B | — | +153.3% |
| Q1 2022 | -$1.43B | — | -151.6% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About PDD Holdings Inc.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
- Sector
- Consumer Cyclical
- Industry
- Software - Services
- CEO
- Lei Chen