Full Truck Alliance (YMM) Operating Income (2020 - 2026)
Full Truck Alliance (YMM) posted Operating Income of $219.02 million for Q2 2026, up 37.7% from $159.08 million a year earlier and up 50.2% from the prior quarter.
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Analysis
Full Truck Alliance (YMM) Operating Income (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Full Truck Alliance was $620.89 million, up 13.3% year-over-year; for FY2025, it was $592.9 million, up 74.9% from FY2024.
- Annual Operating Income has increased for three consecutive years.
- In prior years, Full Truck Alliance's Operating Income was $339.07 million in FY2024 (+141.4%), $140.49 million in FY2023 (+16.0%), $121.16 million in FY2022 and -$621.3 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2020.
- On a year-over-year basis, Operating Income increased in seven of the last eight quarters, with growth averaging 110.9%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2025, with growth of 283.3%; the weakest was Q1 2026, with a decline of 12.0%.
- According to Business Quant data, Operating Income for the three prior quarters was $145.83 million (Q1 2026), $146.99 million (Q4 2025) and $109.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 4.09 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.49 Bn |
| 10 | Full Truck Alliance | 7.68 Bn | -3.01 Bn | - | 219.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 219.02 Mn |
| 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 | 62.16 Mn |
| Mar 31, 2023 | 39.67 Mn |
| Dec 31, 2022 | 36.01 Mn |
| 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 |
API Access
Full Truck Alliance Operating Income 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=operating-income&ticker=YMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();