Security
Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) · YMM
YMMNYSEotherCurrentCIK 1838413Updated Nov 3, 2026
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NYSE:YMM on TradingView ↗About the company
Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, while enabling other businesses, such as financial institutions, highway authorities and gas station operators, to participate in its ecosystem. With a mission to empower enterprises with greater logistics competitiveness, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.
In the news
Full Truck Alliance Co. Ltd. to Announce Third Quarter 2026 Financial Results on Thursday, November 19, 2026 ↗
Full Truck Alliance Co. Ltd. Announces Second Quarter 2026 Unaudited Financial Results ↗
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,337,965,000Source | 5,656,307,000Source | 5,542,000,000Source | 5,320,464,000Source |
| Property, Plant and Equipment, NetUSD | 65,420,000Source | 39,677,000Source | 27,405,000Source | 15,778,000Source |
| GoodwillUSD | 575,627,000Source | 428,100,000Source | 440,123,000Source | 453,057,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 867,446,000Source | 796,014,000Source | 953,661,000Source | 744,840,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 10,744,000Source | 2,691,000Source | 3,298,000Source | 1,887,000Source |
| Assets, CurrentUSD | 3,296,359,000Source | 3,734,052,000Source | 3,379,904,000Source | 4,495,165,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 134,497,000Source | 290,836,000Source | 288,705,000Source | 294,964,000Source |
| Operating Lease, Right-of-Use AssetUSD | 13,187,000Source | 15,845,000Source | 18,996,000Source | 19,138,000Source |
| Other Assets, NoncurrentUSD | 49,551,000Source | 13,499,000Source | 29,813,000Source | 1,222,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 436,204,000Source | 431,810,000Source | 486,333,000Source | 418,909,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -1,003,881,000Source | -1,557,997,000Source | -2,028,283,000Source | -2,408,730,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 392,111,000Source | 441,679,000Source | 408,157,000Source | 364,085,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | 5,016,593,000Source | 4,879,840,000Source |
| Additional Paid in Capital, Common StockUSD | 6,338,824,000Source | 6,277,824,000Source | 6,720,374,000Source | 6,924,285,000Source |
| Liabilities and EquityUSD | 6,337,965,000Source | 5,656,307,000Source | 5,542,000,000Source | 5,320,464,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 407,692,000Source | 413,738,000Source | 461,227,000Source | 396,067,000Source |
| Operating Lease, Liability, CurrentUSD | 4,840,000Source | 5,645,000Source | 5,318,000Source | 6,465,000Source |
| Accounts Payable, CurrentUSD | 5,398,000Source | 4,278,000Source | 3,552,000Source | 4,053,000Source |
| Operating Lease, Liability, NoncurrentUSD | 212,000Source | 3,278,000Source | 6,579,000Source | 5,210,000Source |
| Other Liabilities, NoncurrentUSD | 1,763,000Source | 1,701,000Source | 3,232,000Source | — |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetCNY | 185,578,000Source | 95,570,000Source | 108,591,000Source | 121,611,000Source |
| Short-term InvestmentsUSD | 1,579,887,000Source | 2,055,389,000Source | 1,622,037,000Source | 3,057,341,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 637,640,000Source | 427,910,000Source | 313,681,000Source | 59,720,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 14,302,000Source | 10,676,000Source | 10,527,000Source | 12,809,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 40,264,000Source | 68,040,000Source | 62,230,000Source | 133,279,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 7,577,000Source | -522,000Source | 1,415,000Source | -2,040,000Source |
| Deferred Income Tax Expense (Benefit)CNY | -174,675,000Source | 43,178,000Source | -120,611,000Source | -35,151,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 661,635,000Source | 406,908,000Source | 319,674,000Source | -2,248,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -21,517,000Source | 0Source | 0Source | 11,104,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -388,578,000Source | -331,488,000Source | 77,993,000Source | 309,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 5,029,000Source | 0Source | 25,322,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -236,797,000Source | -208,204,000Source | -164,369,000Source | -192,857,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 203,791,000Source | 145,789,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 30,822,000Source | -129,537,000Source | 235,967,000Source | 124,320,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 881,787,000Source | 815,267,000Source | 971,339,000Source | 756,984,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 25,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 281,559,000Source | 496,639,000Source | 441,827,000Source | 919,255,000Source |
| Amortization of Intangible AssetsCNY | 79,546,000Source | 58,557,000Source | 58,290,000Source | 61,842,000Source |
| DepreciationCNY | 19,456,000Source | 18,358,000Source | 15,440,000Source | 25,826,000Source |
| Equity Method Investment, Other than Temporary ImpairmentCNY | — | — | — | 0Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalCNY | 14,814,000Source | -2,861,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,480,000Source | 1,097,000Source | -303,000Source | 2,182,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 16,611,000Source | -2,864,000Source | 1,822,000Source | -9,191,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -79,000Source | -5,000Source | -113,000Source | 70,000Source |
| General and Administrative ExpenseUSD | 101,496,000Source | 125,185,000Source | 132,069,000Source | 205,581,000Source |
| GoodwillUSD | 575,627,000Source | 428,100,000Source | 440,123,000Source | 453,057,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 59,720,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestCNY | — | — | — | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -2,118,000Source | -392,000Source | -291,000Source | -181,000Source |
| Income Tax Expense (Benefit)USD | 132,868,000Source | 32,799,000Source | 15,043,000Source | 13,924,000Source |
| InterestExpenseNonoperatingCNY | — | 0Source | — | — |
| Net Income (Loss) Attributable to ParentCNY | 4,459,076,000Source | 3,123,437,000Source | 2,227,093,000Source | 411,900,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -3,926,000Source | -486,000Source | -176,000Source | 78,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 630,361,000Source | 420,568,000Source | 311,680,000Source | 58,975,000Source |
| Nonoperating Income (Expense)USD | 177,609,000Source | 121,639,000Source | 188,237,000Source | 97,132,000Source |
| Other Nonoperating Income (Expense)USD | 15,620,000Source | 17,557,000Source | 18,347,000Source | 33,438,000Source |
| Proceeds from Issuance of Redeemable Preferred StockUSD | 18,663,000Source | 2,697,000Source | 15,750,000Source | 10,322,000Source |
| Proceeds from Noncontrolling InterestsCNY | 0Source | 0Source | 845,000Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 0Source | 0Source | 1,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 63,684,000Source | 40,624,000Source | 33,043,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)CNY | 432,781,000Source | 296,528,000Source | 234,599,000Source | 194,272,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,786,026,000Source | 1,539,687,000Source | 1,188,210,000Source | 976,287,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of RevenueUSD | 660,479,000Source | 698,774,000Source | 580,151,000Source | 509,562,000Source |
| Operating Income (Loss)USD | 592,899,000Source | 339,070,000Source | 140,487,000Source | -23,488,000Source |
| Other Nonoperating Income (Expense)USD | 15,620,000Source | 17,557,000Source | 18,347,000Source | 33,438,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 770,508,000Source | 460,709,000Source | 328,724,000Source | 73,644,000Source |
| Income Tax Expense (Benefit)USD | 132,868,000Source | 32,799,000Source | 15,043,000Source | 13,924,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -3,926,000Source | -486,000Source | -176,000Source | 78,000Source |
| Net Income (Loss) Attributable to ParentCNY | 4,459,076,000Source | 3,123,437,000Source | 2,227,093,000Source | 411,900,000Source |
| Earnings Per Share, BasicUSD per share | 0.03Source | 0.02Source | 0.01Source | 0Source |
| Earnings Per Share, DilutedUSD per share | 0.03Source | 0.02Source | 0.01Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,839,163,070Source | 20,822,835,545Source | 21,111,924,886Source | 21,517,856,981Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,928,172,684Source | 20,902,222,036Source | 21,162,351,461Source | 21,579,616,389Source |
| Interest Expense (non-operating)CNY | — | 0Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | 79,546,000Source | 58,557,000Source | 58,290,000Source | 61,842,000Source |
| Costs and ExpensesUSD | 1,200,628,000Source | 1,203,901,000Source | 1,053,130,000Source | 1,006,666,000Source |
| Current Income Tax Expense (Benefit)CNY | 1,103,832,000Source | 196,233,000Source | 227,415,000Source | 131,186,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,480,000Source | 1,097,000Source | -303,000Source | 2,182,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 16,611,000Source | -2,864,000Source | 1,822,000Source | -9,191,000Source |
| General and Administrative ExpenseUSD | 101,496,000Source | 125,185,000Source | 132,069,000Source | 205,581,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticCNY | 4,610,828,000Source | 2,862,980,000Source | 1,760,139,000Source | 1,047,102,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 59,720,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareCNY/shares | — | — | — | 0.02Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareCNY/shares | — | — | — | 0.02Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestCNY | — | — | — | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -2,118,000Source | -392,000Source | -291,000Source | -181,000Source |
| Interest ExpenseCNY | — | — | 0Source | 25,000Source |
| Interest Income, OtherUSD | 136,432,000Source | 147,060,000Source | 160,828,000Source | 70,124,000Source |
| Investment Income, NetUSD | 13,544,000Source | 7,506,000Source | 7,834,000Source | 785,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 630,361,000Source | 420,568,000Source | 311,680,000Source | 58,975,000Source |
| Nonoperating Income (Expense)USD | 177,609,000Source | 121,639,000Source | 188,237,000Source | 97,132,000Source |
| Other Operating IncomeUSD | 7,501,000Source | 3,284,000Source | 5,407,000Source | 6,891,000Source |
| Research and Development ExpenseUSD | 125,043,000Source | 120,562,000Source | 133,331,000Source | 132,539,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,786,026,000Source | 1,539,687,000Source | 1,188,210,000Source | 976,287,000Source |
| Selling and Marketing ExpenseUSD | 249,926,000Source | 218,756,000Source | 174,536,000Source | 130,817,000Source |
Filing attachments
d240729dex991.htm · 6-K · 2026-08-19
Exhibit 99.1 Full Truck Alliance Co. Ltd. Announces Second Quarter 2026 Unaudited Financial Results GUIYANG, China, August 19, 2026 - Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial and Operational Highlights Total net revenues in the second quarter of 2026 were RMB3,381.6 million (US$498.4 million), an increase o…
Read attachment ↗d50293dex991.htm · 6-K · 2026-05-21
Exhibit 99.1 Full Truck Alliance Co. Ltd. Announces First Quarter 2026 Unaudited Financial Results GUIYANG, China, May 21, 2026 - Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Total net revenues in the first quarter of 2026 were RMB2,848.4 million (US$412.9 million), an increase of 5.5%…
Read attachment ↗d274027dex991.htm · 6-K · 2026-03-12
Exhibit 99.1 Full Truck Alliance Co. Ltd. Announces Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results GUIYANG, China, March 12, 2026 - Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025. Fourth Quarter and Fiscal Year 2025 Financial and Operational Highlights Total net revenues in the fourth quarter of 2025 were RMB…
Read attachment ↗d58003dex991.htm · 6-K · 2026-01-20
Exhibit 99.1 Full Truck Alliance Co. Ltd. Announces Long-Term Shareholder Return Plan GUIYANG, China, January 19, 2026 - Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced that, in order to carry out its long-term commitment to returning value to shareholders, the board of directors of the Company (the “Board”) approved a long-term shareholder return plan (the “Plan”), pursuant to which the Company will distribute no less than…
Read attachment ↗