Growth Metrics

Full Truck Alliance (YMM) Operating Income (2020 - 2025)

Full Truck Alliance recorded quarterly Operating Income of $147.0 million in Q4 2025, up 34.8% quarter-over-quarter from $109.0 million in Q3 2025, and up 28.43% year-over-year from $114.5 million in Q4 2024.

Full Truck Alliance's Operating Income history runs 6 years deep, the most recent figure standing at $147.0 million for Q4 2025.

  • In Q4 2025, Operating Income rose 28.43% year-over-year to $147.0 million; the TTM figure through Dec 2025 stood at $580.8 million (up 68.81% YoY), while the FY2025 annual figure was $592.9 million, up 74.86% from the prior year.
  • Operating Income came in at $147.0 million for Q4 2025 at Full Truck Alliance, up from $109.0 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 -$316.0 million in Q2 2021.
  • A 5-year average of $22.3 million and a median of $34.6 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income plunged 549.09% in 2021 and jumped 4712.01% in 2023, its largest moves.
  • Full Truck Alliance's Operating Income stood at -$212.1 million in 2021, then jumped by 99.64% to -$766000.0 in 2022, then surged by 4712.01% to $35.3 million in 2023, then jumped by 223.98% to $114.5 million in 2024, then climbed by 28.43% to $147.0 million in 2025.
  • According to Business Quant data, Operating Income over the past three periods registered $147.0 million, $109.0 million, and $159.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (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 1.87 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.92 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 382.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 503.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 431.33 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 -1.37 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.02 Bn
10 Full Truck Alliance 24.56 Bn 23.81 Bn - 146.99 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 -31.15 Mn
Dec 31, 2020 -423.29 Mn
Sep 30, 2020 -49.36 Mn
Jun 30, 2020 -48.69 Mn