Full Truck Alliance (YMM) Operating Leases (2022 - 2025)
Full Truck Alliance's (YMM) quarterly Operating Leases came in at $5.0 million in Q4 2025, down 45.06% year-on-year from $9.1 million in Q4 2024, and down 45.06% quarter-over-quarter from $9.1 million in Q4 2024.
Full Truck Alliance (YMM) Operating Leases (2022 - 2025) Analysis & Trends
Full Truck Alliance has disclosed Operating Leases across 4 years of filings, most recently posting $5.0 million for Q4 2025.
- Operating Leases for Q4 2025 came in at $5.0 million, down 45.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $5.0 million (down 45.06% YoY), and the FY2025 annual result was $212000.0, down 93.53% from the prior year.
- Operating Leases came in at $5.0 million for Q4 2025 at Full Truck Alliance, down from $9.1 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $11.3 million in Q4 2022 to a low of $2.3 million in Q3 2023.
- The 4-year median for Operating Leases is $5.9 million (2024), against an average of $6.1 million.
- Across the five-year window, Operating Leases sank 68.18% in 2023 and jumped 98.08% in 2024, its largest moves.
- Full Truck Alliance's Operating Leases stood at $11.3 million in 2022, then sank by 42.7% to $6.5 million in 2023, then soared by 39.77% to $9.1 million in 2024, then sank by 45.06% to $5.0 million in 2025.
- The last three Operating Leases figures came in at $5.0 million (Q4 2025), $9.1 million (Q4 2024), and $4.6 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.98 Mn |
| Dec 31, 2024 | 9.07 Mn |
| Sep 30, 2024 | 4.65 Mn |
| Jun 30, 2024 | 5.56 Mn |
| Mar 31, 2024 | 6.19 Mn |
| Dec 31, 2023 | 6.49 Mn |
| Sep 30, 2023 | 2.35 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 4.09 Mn |
| Dec 31, 2022 | 11.32 Mn |
| Sep 30, 2022 | 7.26 Mn |
| Jun 30, 2022 | 8.93 Mn |