Full Truck Alliance (YMM) Payables (2020 - 2026)

Full Truck Alliance (YMM) reported Payables of $92.4 million for Q1 2026, down 9.83% on a YoY basis from $102.4 million in Q1 2025, and up 1635.28% sequentially from $5.3 million in Q4 2025.

Full Truck Alliance (YMM) Payables (2020 - 2026) Analysis & Trends

Full Truck Alliance (YMM) has 7 years of Payables data on file, last reported at $92.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables fell 9.83% year-over-year to $92.4 million; the trailing twelve-month figure through Mar 2026 stood at $92.4 million (down 9.83% YoY), and the FY2025 full-year result was $5.3 million, up 22.79% from the prior year.
  • Payables grew to $92.4 million in Q1 2026, from $5.3 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $151.1 million in Q1 2024 to a low of $3.4 million in Q3 2022.
  • A 5-year average of $30.2 million and a median of $5.2 million in 2022 frame the typical range for Payables.
  • Across the five-year window, Payables surged 3543.12% in 2024 and plunged 40.35% in 2025, its largest moves.
  • Tracing YMM's Payables over 5 years: stood at $3.9 million in 2022, then fell by 10.88% to $3.5 million in 2023, then grew by 24.11% to $4.3 million in 2024, then advanced by 22.43% to $5.3 million in 2025, then soared by 1635.28% to $92.4 million in 2026.
  • Business Quant data shows YMM's Payables at $92.4 million in Q1 2026, $5.3 million in Q4 2025, and $104.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 2.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 92.36 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.03 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.19 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.24 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 812.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 55.06 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 863.91 Mn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 174.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 92.36 Mn
Dec 31, 2025 5.32 Mn
Sep 30, 2025 104.55 Mn
Jun 30, 2025 4.08 Mn
Mar 31, 2025 102.43 Mn
Dec 31, 2024 4.35 Mn
Sep 30, 2024 6.27 Mn
Jun 30, 2024 6.83 Mn
Mar 31, 2024 151.08 Mn
Dec 31, 2023 3.50 Mn
Sep 30, 2023 4.23 Mn
Jun 30, 2023 4.77 Mn
Mar 31, 2023 4.15 Mn
Dec 31, 2022 3.93 Mn
Sep 30, 2022 3.40 Mn
Jun 30, 2022 5.20 Mn
Mar 31, 2022 6.55 Mn
Dec 31, 2021 6.00 Mn
Sep 30, 2021 4.85 Mn
Jun 30, 2021 3.75 Mn