Full Truck Alliance Co. Ltd. YMM
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $1.79B, +16.0% YoY · Filed Apr 14, 2026
Full Truck Alliance Co. Ltd. (YMM) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.8 billion and net income of $637.6 million. Free cash flow was $643.1 million. As of Dec 31, 2025 it held $2.4 billion in cash and investments and $5.1 million in total debt.
Revenue
$1.79B
+16.0% vs prior year
Net income
$637.64M
+49.0% vs prior year
Operating cash flow
$661.63M
+62.6% vs prior year
Free cash flow
$643.09M
+62.1% vs prior year
EPS
$0.03
+50.0% vs prior year
Dividend per share
None
Shares outstanding
—
Net cash
$2.44B
FY 2025
Operating margin
33.2%
FY 2025
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- YMM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Nanjing
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1838413
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.2B | $976.3M | $730.8M |
| Operating income | $592.9M | $339.1M | $140.5M | -$23.5M | -$595.7M |
| Net income | $637.6M | $427.9M | $313.7M | $59.7M | -$573.5M |
| Diluted EPS | $0.03 | $0.02 | $0.01 | $0.00 | — |
| Operating cash flow | $661.6M | $406.9M | $319.7M | -$2.2M | -$33.2M |
| Free cash flow | $643.1M | $396.6M | $305.5M | -$14.7M | -$40.0M |
| Total assets | $6.3B | $5.7B | $5.5B | $5.3B | $5.4B |
| Total liabilities | $436.2M | $431.8M | $486.3M | $418.9M | $450.3M |
| Stockholders' equity | $5.8B | $5.2B | — | — | — |
| Cash and investments | $2.4B | $4.2B | $4.1B | $4.1B | $4.3B |
| Total debt | $5.1M | $8.9M | $11.9M | $11.7M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Aug 19, 2026 | Aug 19, 2026 |
| 6-K | Current report (foreign issuer) | May 21, 2026 | May 21, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 14, 2026 | Dec 31, 2025 |
| 6-K | Current report (foreign issuer) | Mar 12, 2026 | Mar 12, 2026 |
| 6-K | Current report (foreign issuer) | Jan 20, 2026 | Jan 20, 2026 |
| 6-K | Current report (foreign issuer) | Nov 17, 2025 | Nov 17, 2025 |
All 116 Full Truck Alliance Co. Ltd. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.