PDD Holdings Announces First Quarter 2026 Unaudited Financial Results

DUBLIN and SHANGHAI, May 27, 2026 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ: PDD ), today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues in the quarter were RMB106.2 billion (US$ 1 15.4 billion), an increase of 11% from RMB95.7 billion in the same quarter of 2025. Operating profit in the quarter was RMB19.6 billion (US$2.8 billion), an increase of 22% from RMB16.1 billion in the same quarter of 2025. Non-GAAP 2 operating profit in the quarter was RMB21.1 billion (US$3.1 billion), an increase of 15% from RMB18.3 billion in the same quarter of 2025. Net income attributable to ordinary shareholders in the quarter was RMB12.5 billion (US$1.8 billion), a decrease of 15% from RMB14.7 billion in the same quarter of 2025. Non-GAAP net income attributable to ordinary shareholders in the quarter was RMB14.1 billion (US$2.0 billion), a decrease of 17% from RMB16.9 billion in the same quarter of 2025. "This quarter marks the start of deep transformations in our business, our internal processes and our organization," said Mr. Lei Chen, Co-Chairman and Co-Chief Executive Officer of PDD Holdings. "We are actively stepping up to our responsibilities as a platform enterprise to create greater value for our users, the industries and the society as a whole." "As we head into the next decade of our journey, supply chain investments will be our core strategic priority," said Mr. Jiazhen Zhao, Co-Chairman and Co-Chief Executive Officer of PDD Holdings. "We will commit significant resources to building the first-party brand business, unlocking new opportunities for our supply chain partners, and driving exceptional value for our customers." "We are investing resolutely in our supply chain capabilities," said Ms. Jun Liu, VP of Finance of PDD Holdings. "These investments