Full Truck Alliance (YMM) EBT (2020 - 2025)
Full Truck Alliance recorded quarterly EBT of $181.2 million in Q4 2025, up 7.87% quarter-over-quarter from $168.0 million in Q3 2025, and up 111.79% year-over-year from $85.6 million in Q4 2024.
Full Truck Alliance's EBT history runs 6 years deep, the most recent figure standing at $181.2 million for Q4 2025.
- In Q4 2025, EBT rose 111.79% year-over-year to $181.2 million; the TTM figure through Dec 2025 stood at $754.9 million (up 61.01% YoY), while the FY2025 annual figure was $770.5 million, up 67.24% from the prior year.
- EBT came in at $181.2 million for Q4 2025 at Full Truck Alliance, up from $168.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $205.4 million in Q1 2025 to a low of -$305.1 million in Q2 2021.
- A 5-year average of $52.6 million and a median of $84.7 million in 2023 frame the typical range for EBT.
- Across the five-year window, EBT slumped 623.01% in 2021 and jumped 3725.7% in 2023, its largest moves.
- Full Truck Alliance's EBT stood at -$206.6 million in 2021, then jumped by 114.72% to $30.4 million in 2022, then jumped by 175.65% to $83.8 million in 2023, then rose by 2.05% to $85.6 million in 2024, then soared by 111.79% to $181.2 million in 2025.
- According to Business Quant data, EBT over the past three periods registered $181.2 million, $168.0 million, and $200.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 2.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 496.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -634.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 673.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 428.10 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 2.42 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.78 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.05 Bn |
| 10 | Full Truck Alliance | 24.56 Bn | 23.81 Bn | - | 181.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 181.20 Mn |
| Sep 30, 2025 | 167.99 Mn |
| Jun 30, 2025 | 200.25 Mn |
| Mar 31, 2025 | 205.43 Mn |
| Dec 31, 2024 | 85.56 Mn |
| Sep 30, 2024 | 171.79 Mn |
| Jun 30, 2024 | 122.70 Mn |
| Mar 31, 2024 | 88.79 Mn |
| Dec 31, 2023 | 83.84 Mn |
| Sep 30, 2023 | 92.11 Mn |
| Jun 30, 2023 | 87.69 Mn |
| Mar 31, 2023 | 62.73 Mn |
| Dec 31, 2022 | 30.42 Mn |
| Sep 30, 2022 | 66.16 Mn |
| Jun 30, 2022 | 2.29 Mn |
| Mar 31, 2022 | -29.63 Mn |
| Dec 31, 2021 | -206.64 Mn |
| Sep 30, 2021 | -26.72 Mn |
| Jun 30, 2021 | -305.12 Mn |
| Mar 31, 2021 | -27.97 Mn |
| Dec 31, 2020 | -416.01 Mn |
| Sep 30, 2020 | -47.82 Mn |
| Jun 30, 2020 | -42.20 Mn |