PDD Holdings stock gains 2.58 percent in trading

Published on 10/09/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 8.00 percent to RMB 112.36 billion. PDD Holdings stock costs EUR 71.50 on October 9, 2026 after EUR 69.70.

Key points in brief

PDD Holdings stock rose 8.00 percent in second-quarter revenue to RMB 112.36 billion, while net income fell 12.00 percent.
Lang & Schwarz quoted PDD Holdings at EUR 71.50 on October 9, 2026, up 2.58 percent from EUR 69.70.
The primary-market quote was USD 80.64 on Nasdaq, with a market capitalization of USD 114.8 billion.
PDD Holdings is scheduled to report its next quarterly results on November 18, 2026.

PDD Holdings, US7223041028, Illustration mit AI erstellt.

PDD Holdings (ISIN US7223041028) stock was trading at EUR 71.50 at Lang & Schwarz on October 9, 2026 at 3:40 p.m. CEST, up 2.58 percent versus the prior close of EUR 69.70. The latest reported quarter, released on August 24, 2026, showed revenue growth alongside a sharp profit decline, putting cost control beside expansion as the central investor question.

Revenue grew in the second quarter

According to Yahoo Finance on August 24, 2026, PDD Holdings reported revenue of RMB 112.36 billion for the second quarter of 2026, up 8.00 percent from the same quarter of 2025. Net income was RMB 27.18 billion, down 12.00 percent year over year, while operating cash flow reached RMB 25.67 billion.

The figures show a mixed operating picture: transaction-services revenue rose 13.00 percent year over year to RMB 54.70 billion, but the company continued to spend on platform governance, merchant support and supply-chain investment. That combination supports sales growth but makes the profit line more sensitive to execution.

What does the latest quarter mean for margins?

Yahoo Finance reported that PDD's non-GAAP operating profit margin was 26.00 percent in the second quarter of 2026, compared with 27.00 percent in the second quarter of 2025. Non-GAAP research and development expenses rose 40.00 percent year over year to RMB 4.60 billion, a concrete measure of the investment burden.

Management also said on the earnings call that cross-border operations faced higher fulfillment costs and lower efficiency in affected markets. The company described local warehousing, fulfillment infrastructure and platform governance as longer-term responses, but the quarter's 12.00 percent net-income decline shows why the market is testing that investment strategy against near-term profitability.

Three dated stock milestones

On May 27, 2026, PDD's first-quarter figures showed revenue of RMB 106.20 billion and net income of RMB 12.50 billion, as listed by StockHub. On August 24, 2026, the second-quarter release reported RMB 112.36 billion of revenue and RMB 27.18 billion of net income, according to Yahoo Finance. On October 9, 2026, the Lang & Schwarz quote stood at EUR 71.50 in trading, compared with EUR 69.70 at the prior close.

Next reporting date is November 18

StockHub lists November 18, 2026 as the expected next earnings date. The primary-market quote was USD 80.64 on Nasdaq at 9:51 a.m. ET on October 9, 2026, while the market capitalization was USD 114.8 billion and the 52-week range was USD 71.94 to USD 139.41.

Price rises as profit remains pressured

PDD Holdings stock was trading at EUR 71.50 at Lang & Schwarz on October 9, 2026 at 3:40 p.m. CEST, up 2.58 percent versus the prior close of EUR 69.70. The further course of trading is shown by the continuously updated real-time quote of PDD Holdings stock.