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Full Truck Alliance $YMM

Information Technology

China
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$8.32
-0.17 (-2.06%)
As of Oct 22, 2026, 2:53 PM EDT · cached
Price history
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Full Truck Alliance (YMM) is trading down at $8.32 (-2.06%), as of the latest quote. It operates in the Information Technology sector.

IPO: June 22, 2021 · $19.00 offering · NYSE · View IPO details →

Full Truck Alliance revenue & net income history (FY2019–FY2025)

RevenueNet incomeNet margin (right axis, %)
CN¥12.5BCN¥4.42B−CN¥3.65BFY2019 revenue: CN¥2.47BFY2019 net income: −CN¥1.52B · Net margin −61.6%'19FY2020 revenue: CN¥2.58BFY2020 net income: −CN¥3.47B · Net margin −134.5%'20FY2021 revenue: CN¥4.66BFY2021 net income: −CN¥3.65B · Net margin −78.5%'21FY2022 revenue: CN¥6.73BFY2022 net income: CN¥411.9M · Net margin 6.1%'22FY2023 revenue: CN¥8.44BFY2023 net income: CN¥2.23B · Net margin 26.4%'23FY2024 revenue: CN¥11.2BFY2024 net income: CN¥3.12B · Net margin 27.8%'24FY2025 revenue: CN¥12.5BFY2025 net income: CN¥4.46B · Net margin 35.7%'25−20%0%20%40%60%FY2019 net margin: −61.6% (off the scale, which stops at −21.9%)FY2020 net margin: −134.5% (off the scale, which stops at −21.9%)FY2021 net margin: −78.5% (off the scale, which stops at −21.9%)FY2022 net margin: 6.1%FY2023 net margin: 26.4%FY2024 net margin: 27.8%FY2025 net margin: 35.7%
Full Truck Alliance annual financial statements
FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
RevenueCN¥2.47BCN¥2.58BCN¥4.66BCN¥6.73BCN¥8.44BCN¥11.2BCN¥12.5B
Growth (year over year)—+4.4%+80.4%+44.6%+25.3%+33.2%+11.1%
Gross profitCN¥1.08BCN¥1.26BCN¥2.12BCN¥3.22BCN¥4.32BCN¥6.14BCN¥7.87B
Gross margin43.8%49.0%45.5%47.8%51.2%54.6%63.0%
Operating income−CN¥1.02B−CN¥3.61B−CN¥3.80B−CN¥162.0MCN¥997.4MCN¥2.47BCN¥4.15B
Operating margin−41.3%−140.1%−81.5%−2.4%11.8%22.0%33.2%
Net income−CN¥1.52B−CN¥3.47B−CN¥3.65BCN¥411.9MCN¥2.23BCN¥3.12BCN¥4.46B
Net margin−61.6%−134.5%−78.5%6.1%26.4%27.8%35.7%
EPS (diluted)−CN¥0.46−CN¥1.05−CN¥0.31CN¥0.02CN¥0.10CN¥0.15CN¥0.21
Balance sheet
Cash and equivalentsCN¥3.98BCN¥10.1BCN¥4.28BCN¥5.14BCN¥6.77BCN¥5.81BCN¥6.07B
Total assets—CN¥25.1BCN¥34.4BCN¥36.7BCN¥39.3BCN¥41.3BCN¥44.3B
Total liabilities—CN¥2.08BCN¥2.87BCN¥2.89BCN¥3.45BCN¥3.15BCN¥3.05B
Shareholders' equity−CN¥7.09B−CN¥8.48BCN¥31.5BCN¥33.7BCN¥35.6BCN¥37.7BCN¥40.5B
Cash flow
Operating cash flow−CN¥924.0MCN¥574.7M−CN¥211.4M−CN¥15.5MCN¥2.27BCN¥2.97BCN¥4.63B
Capital expenditureCN¥10.4MCN¥53.1MCN¥43.2MCN¥85.7MCN¥100.3MCN¥75.0MCN¥129.7M
Free cash flow−CN¥934.4MCN¥521.7M−CN¥254.6M−CN¥101.2MCN¥2.17BCN¥2.90BCN¥4.50B
Dividends paid———CN¥0CN¥0CN¥1.06BCN¥1.43B
Share buybacks——CN¥0CN¥0CN¥179.8MCN¥0CN¥35.2M

From Full Truck Alliance's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →

About Full Truck Alliance

Headquarters
Nanjing, China From SEC filings, Oct 2026

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