Full Truck Alliance (YMM) Payables (2020 - 2026)
Full Truck Alliance's Payables was $93.42 million in Q2 2026, compared with $4.12 million a year earlier and up 1.1% from the prior quarter.
Powered by 
Analysis
Full Truck Alliance (YMM) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Payables at Full Truck Alliance came in at $5.25 million, down 2.7% from FY2024.
- Payables shows a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- In earlier years, Payables was $5.4 million in FY2024 (+26.2%), $4.28 million in FY2023 (+5.6%), $4.05 million in FY2022 (-12.1%) and $4.61 million in FY2021 (-5.3%).
- Quarterly Payables has moved between $3.4 million (Q3 2022) and $896.21 million (Q4 2022) over five years.
- Compared with a year earlier, Payables was higher in three of the last six quarters, with an average decline of 1.5%.
- The best year-over-year quarter for Payables over five years was Q3 2024 (growth of 50.2%); the worst was Q4 2023 (a decline of 99.5%).
- Per Business Quant data, YMM's Payables in the three quarters before Q2 2026 was $92.36 million (Q1 2026), $5.32 million (Q4 2025) and $104.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 3.30 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 | 1.12 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 11.29 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 778.94 Mn |
| 10 | Full Truck Alliance | 7.68 Bn | -3.01 Bn | - | 93.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.42 Mn |
| Mar 31, 2026 | 92.36 Mn |
| Dec 31, 2025 | 5.32 Mn |
| Sep 30, 2025 | 104.55 Mn |
| Jun 30, 2025 | 4.12 Mn |
| Mar 31, 2025 | 102.43 Mn |
| Dec 31, 2024 | 5.26 Mn |
| Sep 30, 2024 | 6.41 Mn |
| Jun 30, 2024 | 6.83 Mn |
| Mar 31, 2024 | 151.08 Mn |
| Dec 31, 2023 | 4.34 Mn |
| Sep 30, 2023 | 4.26 Mn |
| Jun 30, 2023 | 4.77 Mn |
| Mar 31, 2023 | 4.15 Mn |
| Dec 31, 2022 | 896.21 Mn |
| Sep 30, 2022 | 3.40 Mn |
| Jun 30, 2022 | 5.20 Mn |
| Mar 31, 2022 | 6.55 Mn |
| Dec 31, 2021 | 5.96 Mn |
| Sep 30, 2021 | 4.85 Mn |
API Access
Full Truck Alliance Payables 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=payables&ticker=YMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();