Shengfeng Development Limited revenue by segment SFWL

Annual Quarterly

Shengfeng Development Limited splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Transportation at $554.8 million, 97% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
Revenue
572
504
404
370
Transportation
555
+14.4%
share 96.9%
485
+26.5%
share 96.2%
383
+10.7%
share 94.8%
346
share 93.4%
Warehouse Storage Management Service
14
-13.2%
share 2.5%
16
-9.5%
share 3.3%
18
-10.6%
share 4.5%
20
share 5.5%
Other
3
+16.4%
share 0.6%
3
+8.1%
share 0.6%
3
-30.6%
share 0.7%
4
share 1.1%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Trucking & Courier Services (No Air) (SIC 4210)
Listed as
SFWL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Fuzhou City, China
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1863218

Other Trucking & Courier Services (No Air) companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.