Full Truck Alliance (YMM) Common Equity (2020 - 2026)
Full Truck Alliance (YMM) recorded Common Equity of $6.02 billion in Q2 2026, up 10.0% from $5.48 billion a year earlier and up 2.9% from the prior quarter.
Full Truck Alliance (YMM) Common Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Full Truck Alliance reported Common Equity of $5.79 billion, up 12.2% from FY2024.
- Annual Common Equity has increased for three straight years.
- Across earlier years, Common Equity came in at $5.16 billion in FY2024 (+2.9%), $5.02 billion in FY2023 (+2.8%), $4.88 billion in FY2022 (-1.4%) and $4.95 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Common Equity in data going back to Q4 2020.
- On a year-over-year basis, Common Equity has increased for nine consecutive quarters, with growth averaging 8.9% over the last eight quarters.
- Peak year-over-year performance for Common Equity in the last five years was growth of 11.5% in Q2 2025, against a decline of 5.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.85 billion (Q1 2026), $5.71 billion (Q4 2025) and $5.58 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 677.55 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 272.39 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 29.29 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 163.05 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 12.75 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 28.58 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 3.30 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 9.91 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | -10.41 Bn |
| 10 | Full Truck Alliance | 9.51 Bn | -1.26 Bn | - | 6.02 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.02 Bn |
| Mar 31, 2026 | 5.85 Bn |
| Dec 31, 2025 | 5.79 Bn |
| Sep 30, 2025 | 5.58 Bn |
| Jun 30, 2025 | 5.48 Bn |
| Mar 31, 2025 | 5.27 Bn |
| Dec 31, 2024 | 5.16 Bn |
| Sep 30, 2024 | 5.19 Bn |
| Jun 30, 2024 | 4.91 Bn |
| Mar 31, 2024 | 4.83 Bn |
| Dec 31, 2023 | 5.01 Bn |
| Sep 30, 2023 | 4.85 Bn |
| Jun 30, 2023 | 4.84 Bn |
| Mar 31, 2023 | 4.92 Bn |
| Dec 31, 2022 | 4.83 Bn |
| Sep 30, 2022 | 4.74 Bn |
| Jun 30, 2022 | 4.90 Bn |
| Mar 31, 2022 | 4.97 Bn |
| Dec 31, 2021 | 4.95 Bn |
| Sep 30, 2021 | 5.02 Bn |
Full Truck Alliance Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=YMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "YMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();