$PDD Holdings Inc(PDD)$ EARNINGS ARE OUT:
- Revenue grew 8%
- Op. income up 5%
- Cash and short term investments: $67.3B (50%+ of market cap)
Business is fairly stable, the China commerce segment performed slightly better than competitors (+4%).
The Details are followed:
PDD Holdings Announces Second Quarter 2026 Unaudited Financial Results
Second Quarter 2026 Highlights
Total revenues in the quarter were RMB112.4 bilion (USS1 16.6 billion), an increase of 8% from RMB104.0 billion in thesame quarter of 2025.
Operating profit in the quarter was RMB27. 8 billion (US$4.1 billion), an increase of 8% from RMB25.8 billion in the same quarter of 2025.
Non-GAAp2 operating profit in the quarter was RMB29.1 bilion (US$4.3 bilion), an increase of 5% fromRMB27.7 billion in the same quarter of 2025.
Net income attributable to ordinary shareholders in the quarter was RMB27.2 bilion (USS4.0 bilion), a decrease of12% from RMB30.8 bilion in the same quarter of 2025.
Non-GAAP net income attributable to ordinary shareholders inthe quarter was RMB28.5 billion (US$4.2 bilion), a decrease of 13% from RMB32.7 billion in the same quarter of 2025
"Since the start of the year, global trade and regulatoy landscapes have continued to evolve, creating significant challenges while also presenting newopportunities," said Mr. Lei Chen, Co-Chairman and Co-Chief Executive Officer of PDD Holdings. "We feel a strong sense of responsibility that comes with our unique position in global trade and will work dlligently to build a trustworthy platform that consumers can rely on over the long run.
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