Full Truck Alliance (YMM) Operating Income (2020 - 2026)
Full Truck Alliance (YMM) posted Operating Income of $145.8 million for Q1 2026, down 0.79% sequentially from $147.0 million in Q4 2025, and down 11.99% YoY from $165.7 million in Q1 2025.
Full Truck Alliance (YMM) Operating Income (2020 - 2026) Analysis & Trends
Full Truck Alliance has reported Operating Income for 7 years, with the latest figure at $145.8 million in Q1 2026.
- Quarterly Operating Income fell 11.99% year-over-year to $145.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $560.9 million (up 20.24% YoY) and the FY2025 annual result came in at $592.9 million, up 74.86% from the prior year.
- Operating Income eased to $145.8 million in Q1 2026 per YMM's latest filing, from $147.0 million in the prior quarter.
- Over five years, Operating Income peaked at $165.7 million in Q1 2025 and troughed at -$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.
- The sharpest annual moves came in 2022 and 2023: Operating Income dropped 27.63% in 2022, then surged 4712.01% in 2023.
- Over 5 years, Operating Income 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 grew by 28.43% to $147.0 million in 2025, then fell by 0.79% to $145.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $145.8 million, $147.0 million, and $109.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 6.26 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 488.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.35 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.89 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 162.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -326.15 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -1.82 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.24 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.02 Bn |
| 10 | Full Truck Alliance | 9.16 Bn | 6.51 Bn | - | 145.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |