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
DateValue
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