PDD Holdings Inc.PDDNASDAQ
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R&D Expense Growth TrendStable
Percentile Rank68
3Y CAGR+83.8%
5Y CAGR+19.2%
Year-over-Year Change
Year-over-year research & development expense growth
3Y CAGR
+83.8%/yr
vs -42.8%/yr prior
5Y CAGR
+19.2%/yr
Recent acceleration
Acceleration
+126.6pp
Accelerating
Percentile
P68
Within normal range
vs 5Y Ago
2.4x
Strong expansion
Streak
2 qtr
Consecutive growthStable
| Period | Value |
|---|---|
| Q3 2025 | 20.63% |
| Q2 2025 | 0.38% |
| Q1 2025 | -5.28% |
| Q4 2024 | 23.30% |
| Q3 2024 | 5.30% |
| Q2 2024 | -0.01% |
| Q1 2024 | 1.58% |
| Q4 2023 | 0.60% |
| Q3 2023 | 4.15% |
| Q2 2023 | 9.07% |
| Q1 2023 | 4.15% |
| Q4 2022 | -10.80% |
| Q3 2022 | 3.32% |
| Q2 2022 | -2.14% |
| Q1 2022 | 31.93% |
| Q4 2021 | -16.51% |
| Q3 2021 | 4.02% |
| Q2 2021 | 4.96% |
| Q1 2021 | 13.71% |
| Q4 2020 | 8.11% |
| Q3 2020 | 8.57% |
| Q2 2020 | 12.84% |
| Q1 2020 | 15.78% |
| Q4 2019 | 12.88% |
| Q3 2019 | 40.26% |
| Q2 2019 | 20.47% |
| Q1 2019 | 27.01% |
| Q4 2018 | 58.20% |
| Q3 2018 | 78.47% |
| Q2 2018 | 155.47% |
| Q1 2018 | 38.73% |
| Q4 2017 | 46.70% |
| Q3 2017 | 43.78% |
| Q2 2017 | 55.26% |
| Q1 2017 | 0.00% |