Full Truck Alliance (YMM) Capital Expenditures (2024 - 2026)
Full Truck Alliance (YMM) posted Capital Expenditures of -$9.9 million for Q1 2026, down 100.41% sequentially from -$4.9 million in Q4 2025, and down 119.98% YoY from $49.5 million in Q1 2025.
Full Truck Alliance (YMM) Capital Expenditures (2024 - 2026) Analysis & Trends
Full Truck Alliance has reported Capital Expenditures for 3 years, with the latest figure at -$9.9 million in Q1 2026.
- Quarterly Capital Expenditures fell 119.98% year-over-year to -$9.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$26.1 million (changed N/A YoY) and the FY2025 annual result came in at $31.2 million, up 351.21% from the prior year.
- Capital Expenditures slipped to -$9.9 million in Q1 2026 per YMM's latest filing, from -$4.9 million in the prior quarter.
- Over five years, Capital Expenditures peaked at -$3.3 million in Q4 2024 and troughed at -$9.9 million in Q1 2026.
- A 3-year average of -$5.9 million and a median of -$4.9 million in 2025 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures sank 49.19% in 2025, then tumbled 119.98% in 2026.
- Over 3 years, Capital Expenditures stood at -$3.3 million in 2024, then plunged by 49.19% to -$4.9 million in 2025, then sank by 100.41% to -$9.9 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$9.9 million, -$4.9 million, and -$6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -411.48 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 4.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 145.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 70.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 10.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 72.80 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 58.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 64.00 Mn |
| 10 | Full Truck Alliance | 9.16 Bn | 6.51 Bn | - | -9.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.88 Mn |
| Mar 31, 2026 | -9.88 Mn |
| Dec 31, 2025 | -4.93 Mn |
| Dec 31, 2025 | -4.93 Mn |
| Sep 30, 2025 | -6.78 Mn |
| Sep 30, 2025 | -6.78 Mn |
| Mar 31, 2025 | -4.49 Mn |
| Mar 31, 2025 | -4.49 Mn |
| Dec 31, 2024 | -3.31 Mn |
| Dec 31, 2024 | -3.31 Mn |