Full Truck Alliance (YMM) Operating Leases (2022 - 2026)
Full Truck Alliance (YMM) posted Operating Leases of $2.78 million for Q2 2026, down 54.2% from $6.07 million a year earlier and down 22.0% from the prior quarter.
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Analysis
Full Truck Alliance (YMM) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Full Truck Alliance's Operating Leases came in at $212,000, down 93.5% from FY2024.
- Annual Operating Leases shows a three-year compound annual growth rate of -65.6% (FY2022 to FY2025).
- In prior years, Full Truck Alliance's Operating Leases was $3.28 million in FY2024 (-50.2%), $6.58 million in FY2023 (+26.3%) and $5.21 million in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Operating Leases since Q3 2023.
- On a year-over-year basis, Operating Leases has declined in each of the last three quarters, with an average decline of 6.9% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2024, with growth of 98.1%; the weakest was Q4 2025, with a decline of 99.9%.
- According to Business Quant data, Operating Leases for the three prior quarters was $3.56 million (Q1 2026), $4.77 million (Q4 2025) and $6.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | Full Truck Alliance | 7.68 Bn | -3.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.78 Mn |
| Mar 31, 2026 | 3.56 Mn |
| Dec 31, 2025 | 4.77 Mn |
| Sep 30, 2025 | 6.04 Mn |
| Jun 30, 2025 | 6.07 Mn |
| Mar 31, 2025 | 5.61 Mn |
| Dec 31, 2024 | 5.23 Bn |
| Sep 30, 2024 | 4.65 Mn |
| Jun 30, 2024 | 5.56 Mn |
| Mar 31, 2024 | 6.19 Mn |
| Dec 31, 2023 | 4.84 Bn |
| Sep 30, 2023 | 2.35 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 4.09 Mn |
| Dec 31, 2022 | 5.57 Bn |
| Sep 30, 2022 | 7.26 Mn |
| Jun 30, 2022 | 8.93 Mn |
| Mar 31, 2022 | 6.64 Mn |
API Access
Full Truck Alliance Operating Leases 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-leases&ticker=YMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();