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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q4 FY202020-12-31 |
|---|---|
| Revenue | $4.27B |
| Cost of revenue | $1.81B |
| Gross profit | $2.45B |
| Gross margin | 57.5% |
| Research and development | $328.55M |
| Selling, general and administrative | $2.48B |
| Operating expenses | $2.81B |
| Operating income | −$357.63M |
| Operating margin | -8.4% |
| EBITDA | −$357.63M |
| Interest income | $113.55M |
| Interest expense | −$45.49M |
| Income before taxes | −$253.17M |
| Net income | −$245.60M |
| Net margin | -5.8% |
| EPS, basic | −$1.33 |
| EPS, diluted | −$1.33 |
| Diluted shares | 4.77B |
Figures describe PDD shares, not any token. As of Apr 29, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.