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PDD Holdings (PDD)
NASDAQ:PDD
Earnings Data
Report Date
Sep 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.35Last Year’s EPS
23.24Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 27, 2025
|% Change Since: -19.12%
|Next Earnings Date:Sep 01, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted the company's commitment to long-term investments in merchant support and ecosystem development despite current financial challenges. Revenue growth was positive, but a significant decline in profit and increased competition posed challenges.Company Guidance
In the first quarter of 2025, PDD Holdings reported a revenue of RMB95.7 billion, marking a 10% year-over-year increase, primarily driven by growth in online marketing services and transaction services. However, despite this revenue growth, the company experienced a significant drop in profitability, with the non-GAAP operating profit margin declining from 33% to 19% compared to the same quarter last year. This decrease is attributed to increased investments in the platform ecosystem, including merchant support initiatives like the upgraded 100 billion support program. Total operating expenses rose by 37% on a GAAP basis and 43% on a non-GAAP basis, reflecting increased fulfillment fees and marketing expenses. Additionally, the company's net income attributable to ordinary shareholders decreased from RMB28 billion to RMB14.7 billion year-over-year. The management emphasized that these investments are strategic long-term commitments aimed at fostering a robust merchant ecosystem despite their short-term impact on profitability.Revenue Increase
Total revenues increased by 10% year-over-year to RMB95.7 billion, driven by online marketing services and transaction services.
Merchant Support Initiatives
The company launched the 100 billion support program, an upgrade from the previous 10 billion fee reduction program, aimed at supporting merchants through fee reductions and additional resources.
Continued Ecosystem Investments
Significant investments were made in the platform ecosystem to support merchants, particularly small and medium-sized businesses, in navigating market challenges.
PDD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PDD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2025 | $119.24 | $102.98 | -13.64% |
Mar 20, 2025 | $125.92 | $130.92 | +3.97% |
Nov 21, 2024 | $116.49 | $104.09 | -10.64% |
Aug 26, 2024 | $139.87 | $100.00 | -28.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PDD Holdings (PDD) report earnings?
PDD Holdings (PDD) is schdueled to report earning on Sep 01, 2025, TBA Not Confirmed.
What is PDD Holdings (PDD) earnings time?
PDD Holdings (PDD) earnings time is at Sep 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PDD EPS forecast?
PDD EPS forecast for the fiscal quarter 2025 (Q2) is 2.35.
