Full Truck Alliance (YMM) Intangibles (2020 - 2025)
Full Truck Alliance recorded quarterly Intangibles of $106.8 million in Q4 2025, up 2.11% quarter-over-quarter from $104.6 million in Q3 2025, and up 94.95% year-over-year from $54.8 million in Q4 2024.
Full Truck Alliance's Intangibles history runs 6 years deep, the most recent figure standing at $106.8 million for Q4 2025.
- In Q4 2025, Intangibles rose 94.95% year-over-year to $106.8 million; the TTM figure through Dec 2025 stood at $106.8 million (up 94.95% YoY), while the FY2025 annual figure was $108.3 million, up 100.92% from the prior year.
- Intangibles came in at $106.8 million for Q4 2025 at Full Truck Alliance, up from $104.6 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $106.8 million in Q4 2025 to a low of $51.2 million in Q2 2025.
- A 5-year average of $71.1 million and a median of $70.6 million in 2022 frame the typical range for Intangibles.
- Across the five-year window, Intangibles retreated 18.92% in 2022 and soared 94.95% in 2025, its largest moves.
- Full Truck Alliance's Intangibles stood at $87.1 million in 2021, then slipped by 18.92% to $70.6 million in 2022, then declined by 11.55% to $62.5 million in 2023, then fell by 12.34% to $54.8 million in 2024, then jumped by 94.95% to $106.8 million in 2025.
- According to Business Quant data, Intangibles over the past three periods registered $106.8 million, $104.6 million, and $51.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 2.67 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 990.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 28.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.48 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.93 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 454.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.64 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.81 Bn |
| 10 | Full Truck Alliance | 24.56 Bn | 23.81 Bn | - | 106.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 106.79 Mn |
| Sep 30, 2025 | 104.58 Mn |
| Jun 30, 2025 | 51.24 Mn |
| Mar 31, 2025 | 52.28 Mn |
| Dec 31, 2024 | 54.78 Mn |
| Sep 30, 2024 | 58.05 Mn |
| Jun 30, 2024 | 58.05 Mn |
| Mar 31, 2024 | 60.38 Mn |
| Dec 31, 2023 | 62.49 Mn |
| Sep 30, 2023 | 63.14 Mn |
| Jun 30, 2023 | 65.54 Mn |
| Mar 31, 2023 | 71.06 Mn |
| Dec 31, 2022 | 70.64 Mn |
| Sep 30, 2022 | 72.71 Mn |
| Jun 30, 2022 | 78.85 Mn |
| Mar 31, 2022 | 85.50 Mn |
| Dec 31, 2021 | 87.12 Mn |
| Sep 30, 2021 | 75.18 Mn |
| Jun 30, 2021 | 72.40 Mn |
| Dec 31, 2020 | 74.13 Mn |