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Full Truck Alliance Co. Ltd. (YMM)

Full Truck Alliance Co. Ltd. reported revenue of $1.8B in fiscal 2025, up 16.0% from a year earlier. Net income was $630.4M, a net margin of 35.3%. Operating cash flow minus capital spending left $643.1M of free cash flow in fiscal 2025. At December 31, 2025 it held $867.4M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 14, 2026.

Price
$8.13
-0.37% on the day · September 25, 2026
52-week range $7.46 to $14.07
Market cap
$8.4B
Revenue (FY2025)
$1.8B
+16.0% year on year
Net margin
35.3%

What Full Truck Alliance Co. Ltd. does

Full Truck Alliance Co. Ltd. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NYSE under the ticker YMM.

Revenue and profit by year

Revenue
FY21: $730.8M $730.8M FY21FY22: $976.3M $976.3M FY22FY23: $1.2B $1.2B FY23FY24: $1.5B $1.5B FY24FY25: $1.8B $1.8B FY25
Net income
FY21: -$654.8M -$654.8M FY21FY22: $59M $59M FY22FY23: $311.7M $311.7M FY23FY24: $420.6M $420.6M FY24FY25: $630.4M $630.4M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.8B$592.9M$630.4M$0.03$643.1M
2024$1.5B$339.1M$420.6M$0.02$396.6M
2023$1.2B$140.5M$311.7M$0.01$305.5M
2022$976.3M-$23.5M$59M$0.00-$14.7M
2021$730.8M-$595.7M-$654.8M-$0.05-$40M

Latest SEC filings

What Full Truck Alliance Co. Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 19, 2026
  2. May 21, 2026
  3. May 13, 2026
  4. April 14, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  5. March 12, 2026
  6. February 17, 2026
  7. January 20, 2026
  8. November 17, 2025
  9. November 14, 2025
  10. November 14, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on May 21, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about YMM

What does Full Truck Alliance Co. Ltd. do?

Full Truck Alliance Co. Ltd. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NYSE under the ticker YMM.

Is Full Truck Alliance Co. Ltd. profitable?

Yes. In fiscal 2025 it reported net income of $630.4M on revenue of $1.8B, a net margin of 35.3%.

How much revenue does Full Truck Alliance Co. Ltd. make?

In fiscal 2025 Full Truck Alliance Co. Ltd. reported revenue of $1.8B. That is 16.0% more than a year earlier.

When did Full Truck Alliance Co. Ltd. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 14, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 19, 2026.

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Where the numbers come from

Financial figures are the values Full Truck Alliance Co. Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.