On Mar 25, 2026, PDD reported earnings of 17.69 USD per share (EPS) for Q4 25, missing the estimate of 20.97 USD, resulting in a -15.64% surprise. Revenue reached 123.91 billion, compared to an expected 125.67 billion, with a -1.40% difference. The market reacted with a -3.27% price change (close before vs. close after earnings).
Looking ahead to Q1 26, 7 analysts forecast an EPS of 16.79 USD, with revenue projected to reach 110.43 billion USD, implying an decrease of -5.09% EPS, and decrease of -10.88% in Revenue from the last quarter.