Selling, General & Administrative Expenses
The latest quarterly sg&a expense is $4.87 Billion with a quarter-over-quarter change of -9.40%. Selling, General & Administrative (SG&A) expenses include all costs related to selling products and running the business that are not directly tied to production.
PDD SG&A Expense
Reported quarterly SG&A expense; no daily interpolation.
Current SG&A Expense
$4.87B
$4.87 Billion
Quarter-over-Quarter Change
-9.40%
vs. $5.37B prior quarter
Historical Data
37
Quarters of data available
Quarterly SG&A Expense History
| Period | SG&A Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $4.87B | $-505.03M | -9.40% |
| Q4 2025 | $5.37B | +$865.40M | +19.21% |
| Q3 2025 | $4.50B | +$493.84M | +12.31% |
| Q2 2025 | $4.01B | $-819.19M | -16.96% |
| Q1 2025 | $4.83B | +$249.84M | +5.45% |
| Q4 2024 | $4.58B | $-19.68M | -0.43% |
| Q3 2024 | $4.60B | +$763.71M | +19.91% |
| Q2 2024 | $3.84B | +$342.82M | +9.81% |
| Q1 2024 | $3.49B | $-526.92M | -13.11% |
| Q4 2023 | $4.02B | +$938.48M | +30.45% |
| Q3 2023 | $3.08B | +$581.32M | +23.25% |
| Q2 2023 | $2.50B | +$14.77M | +0.59% |
| Q1 2023 | $2.49B | $-321.56M | -11.45% |
| Q4 2022 | $2.81B | +$705.65M | +33.58% |
| Q3 2022 | $2.10B | +$285.68M | +15.73% |
| Q2 2022 | $1.82B | $-45.91M | -2.47% |
| Q1 2022 | $1.86B | +$7.07M | +0.38% |
| Q4 2021 | $1.85B | +$244.28M | +15.17% |
| Q3 2021 | $1.61B | $-65.00M | -3.88% |
| Q2 2021 | $1.68B | $-361.12M | -17.73% |
| Q1 2021 | $2.04B | $-279.40M | -12.06% |
| Q4 2020 | $2.32B | +$779.04M | +50.68% |
| Q3 2020 | $1.54B | +$191.70M | +14.25% |
| Q2 2020 | $1.35B | +$267.68M | +24.84% |
| Q1 2020 | $1.08B | $-303.51M | -21.97% |
| Q4 2019 | $1.38B | +$353.56M | +34.41% |
| Q3 2019 | $1.03B | +$98.39M | +10.59% |
| Q2 2019 | $929.23M | +$165.55M | +21.68% |
| Q1 2019 | $763.67M | $-158.97M | -17.23% |
| Q4 2018 | $922.65M | +$408.27M | +79.37% |
| Q3 2018 | $514.37M | $-810.99M | -61.19% |
| Q2 2018 | $1.33B | +$1.13B | +567.19% |
| Q1 2018 | $198.65M | +$81.05M | +68.92% |
| Q4 2017 | $117.60M | +$52.28M | +80.04% |
| Q3 2017 | $65.32M | +$51.32M | +366.79% |
| Q2 2017 | $13.99M | $-12.50M | -47.19% |
| Q1 2017 | $26.49M | — | — |
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