Full Truck Alliance (YMM) Operating Income (2020 - 2026)

Full Truck Alliance (YMM) reported Operating Income of $145.8 million for Q1 2026, down 11.99% on a YoY basis from $165.7 million in Q1 2025, and down 0.79% sequentially from $147.0 million in Q4 2025.

Full Truck Alliance (YMM) Operating Income (2020 - 2026) Analysis & Trends

Full Truck Alliance (YMM) has 7 years of Operating Income data on file, last reported at $145.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 11.99% year-over-year to $145.8 million; the trailing twelve-month figure through Mar 2026 stood at $560.9 million (up 20.24% YoY), and the FY2025 full-year result was $592.9 million, up 74.86% from the prior year.
  • Operating Income eased to $145.8 million in Q1 2026, from $147.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $165.7 million in Q1 2025 to a low of -$39.8 million in Q1 2022.
  • A 5-year average of $69.6 million and a median of $46.0 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income decreased 27.63% in 2022 and soared 4712.01% in 2023, its largest moves.
  • Tracing YMM's Operating Income over 5 years: stood at -$766000.0 in 2022, then soared by 4712.01% to $35.3 million in 2023, then surged by 223.98% to $114.5 million in 2024, then gained by 28.43% to $147.0 million in 2025, then slipped by 0.79% to $145.8 million in 2026.
  • Business Quant data shows YMM's Operating Income at $145.8 million in Q1 2026, $147.0 million in Q4 2025, and $109.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 145.83 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.92 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.35 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 162.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -1.37 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -326.15 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 431.33 Mn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 7.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 145.83 Mn
Dec 31, 2025 146.99 Mn
Sep 30, 2025 109.04 Mn
Jun 30, 2025 159.08 Mn
Mar 31, 2025 165.70 Mn
Dec 31, 2024 114.46 Mn
Sep 30, 2024 108.58 Mn
Jun 30, 2024 77.80 Mn
Mar 31, 2024 43.24 Mn
Dec 31, 2023 35.33 Mn
Sep 30, 2023 33.86 Mn
Jun 30, 2023 46.03 Mn
Mar 31, 2023 24.14 Mn
Dec 31, 2022 -766,000.00
Sep 30, 2022 19.92 Mn
Jun 30, 2022 -6.93 Mn
Mar 31, 2022 -39.75 Mn
Dec 31, 2021 -212.15 Mn
Sep 30, 2021 -31.31 Mn
Jun 30, 2021 -316.02 Mn