Full Truck Alliance (YMM) Payables (2020 - 2026)
Full Truck Alliance (YMM) posted Payables of $92.4 million for Q1 2026, up 1635.28% sequentially from $5.3 million in Q4 2025, and down 9.83% YoY from $102.4 million in Q1 2025.
Full Truck Alliance (YMM) Payables (2020 - 2026) Analysis & Trends
Full Truck Alliance has reported Payables for 7 years, with the latest figure at $92.4 million in Q1 2026.
- Quarterly Payables fell 9.83% year-over-year to $92.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $92.4 million (down 9.83% YoY) and the FY2025 annual result came in at $5.3 million, up 22.79% from the prior year.
- Payables grew to $92.4 million in Q1 2026 per YMM's latest filing, from $5.3 million in the prior quarter.
- Over five years, Payables peaked at $151.1 million in Q1 2024 and troughed at $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.
- The sharpest annual moves came in 2024 and 2025: Payables jumped 3543.12% in 2024, then slumped 40.35% in 2025.
- Over 5 years, Payables stood at $3.9 million in 2022, then slipped by 10.88% to $3.5 million in 2023, then gained by 24.11% to $4.3 million in 2024, then increased by 22.43% to $5.3 million in 2025, then soared by 1635.28% to $92.4 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $92.4 million, $5.3 million, and $104.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 3.19 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.12 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.36 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.24 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 55.06 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 834.40 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 499.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.10 Bn |
| 10 | Full Truck Alliance | 9.16 Bn | 6.51 Bn | - | 92.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 6.41 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 | 4.83 Mn |
| Jun 30, 2021 | 3.75 Mn |