PDD Stock Income Statements
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Quarterly Income Statements
Quarterly
|
Annual
| Unit: USD | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 68,840,371,000 | 52,280,748,000 | 37,637,050,000 | 39,820,028,000 | 35,504,304,000 | 31,439,568,000 | 23,793,689,000 | 27,230,862,000 | 21,505,758,000 | 23,046,220,000 | 22,167,099,000 | 26,547,709,000 | 14,209,782,000 | 12,193,315,000 | 6,541,059,000 | 10,792,726,000 | 7,513,948,000 | 7,290,008,000 | 4,545,204,000 | 5,653,922,000 | 3,372,418,000 |
| cost of revenue | 26,830,233,000 | 18,689,787,000 | 11,125,285,000 | 8,926,705,000 | 7,414,132,000 | 7,961,866,000 | 7,159,595,000 | 6,515,509,000 | 6,558,648,000 | 7,897,886,000 | 10,746,050,000 | 11,526,124,000 | 3,260,155,000 | 2,662,115,000 | 1,830,247,000 | 2,037,437,000 | 1,833,318,000 | 1,594,709,000 | 873,314,000 | 1,424,035,000 | 774,684,000 |
| gross profit | 42,010,138,000 | 33,590,961,000 | 26,511,765,000 | 30,893,323,000 | 28,090,172,000 | 23,477,702,000 | 16,634,094,000 | 20,715,353,000 | 14,947,110,000 | 15,148,334,000 | 11,421,049,000 | 15,021,585,000 | 10,949,627,000 | 9,531,200,000 | 4,710,812,000 | 8,755,289,000 | 5,680,630,000 | 5,695,299,000 | 3,671,890,000 | 4,229,887,000 | 2,597,734,000 |
| operating expenses | |||||||||||||||||||||
| research and development | 2,847,323,000 | 2,733,964,000 | 2,506,657,000 | 2,406,677,000 | 2,698,166,000 | 2,611,366,000 | 2,668,507,000 | 2,022,595,000 | 2,422,421,000 | 2,328,831,000 | 2,218,743,000 | 1,951,261,000 | 1,804,886,000 | 1,662,356,000 | 1,473,150,000 | 1,272,375,000 | 1,127,238,000 | 803,664,000 | 667,081,000 | 525,213,000 | 331,997,000 |
| sales and marketing | 21,748,449,000 | 16,552,883,000 | 16,259,688,000 | 17,732,384,000 | 14,048,820,000 | 11,343,447,000 | 11,219,068,000 | 11,365,829,000 | 10,050,611,000 | 10,387,873,000 | 12,997,407,000 | 14,712,526,000 | 10,071,868,000 | 9,113,584,000 | 7,296,621,000 | 9,272,536,000 | 6,908,755,000 | 6,103,703,000 | 4,889,255,000 | 6,023,974,000 | 3,229,647,000 |
| general and administrative | |||||||||||||||||||||
| total operating expenses | 758,345,000 | 1,585,359,000 | 816,402,000 | 1,640,527,000 | 906,573,000 | 825,722,000 | 592,113,000 | 419,962,000 | 334,806,000 | 434,151,000 | 351,855,000 | 405,570,000 | 368,611,000 | 394,842,000 | 338,274,000 | 345,682,000 | 436,610,000 | 278,345,000 | 236,075,000 | 321,609,000 | 305,569,000 |
| operating income | 25,354,117,000 | 20,872,206,000 | 19,582,747,000 | 21,779,588,000 | 17,653,559,000 | 14,780,535,000 | 14,479,688,000 | 13,808,386,000 | 12,807,838,000 | 13,150,855,000 | 15,568,005,000 | 17,069,357,000 | 12,245,365,000 | 11,170,782,000 | 9,108,045,000 | 10,890,593,000 | 8,472,603,000 | 7,185,712,000 | 5,792,411,000 | 6,870,796,000 | 3,867,213,000 |
| net income | 16,656,021,000 | 12,718,755,000 | 6,929,018,000 | 9,113,735,000 | 10,436,613,000 | 8,697,167,000 | 2,154,406,000 | 6,906,967,000 | 2,139,272,000 | 1,997,479,000 | -4,146,956,000 | -2,047,772,000 | -1,295,738,000 | -1,639,582,000 | -4,397,233,000 | -2,135,304,000 | -2,791,973,000 | -1,490,413,000 | -2,120,521,000 | -2,640,909,000 | -1,269,479,000 |