PDD Holdings Q2 FY26 net income drops 12% to RMB 27.2 billion; revenue rises 8% to RMB 112.4 billion
PDD•Revenue mix and management comments
Transaction services revenue climbed 13% to RMB 54.7 billion; online marketing services and others edged up to RMB 57.6 billion.
Lei Chen cited shifting trade and regulatory conditions; Jun Liu said ecosystem investments increased, prioritizing merchant support and governance.
PDD Holdings reports higher revenue but lower net income
PDD Holdings posted Q2 2026 revenue of RMB 112.4 billion, up 8% year over year.
Net income attributable to ordinary shareholders fell 12% to RMB 27.2 billion; diluted earnings per ADS dropped to RMB 18.45.
Operating profit rose 8% to RMB 27.8 billion, while operating expenses increased 13% to RMB 36.6 billion.
