Full Truck Alliance (YMM) Payables (2020 - 2025)
Full Truck Alliance recorded quarterly Payables of $5.3 million in Q4 2025, down 94.91% quarter-over-quarter from $104.5 million in Q3 2025, and up 22.43% year-over-year from $4.3 million in Q4 2024.
Full Truck Alliance's Payables history runs 6 years deep, the most recent figure standing at $5.3 million for Q4 2025.
- In Q4 2025, Payables rose 22.43% year-over-year to $5.3 million; the TTM figure through Dec 2025 stood at $5.3 million (up 22.43% YoY), while the FY2025 annual figure was $5.4 million, up 26.18% from the prior year.
- Payables came in at $5.3 million for Q4 2025 at Full Truck Alliance, down from $104.5 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 $22.9 million and a median of $4.8 million in 2021 frame the typical range for Payables.
- Across the five-year window, Payables tumbled 92.41% in 2021 and soared 3543.12% in 2024, its largest moves.
- Full Truck Alliance's Payables stood at $6.0 million in 2021, then sank by 34.53% to $3.9 million in 2022, then decreased by 10.88% to $3.5 million in 2023, then rose by 24.11% to $4.3 million in 2024, then grew by 22.43% to $5.3 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $5.3 million, $104.5 million, and $4.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 2.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 8.25 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.19 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.03 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 427.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 863.91 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 419.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 812.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.10 Bn |
| 10 | Full Truck Alliance | 24.56 Bn | 23.81 Bn | - | 5.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 4.35 Mn |
| Sep 30, 2024 | 6.41 Mn |
| Jun 30, 2024 | 6.81 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 | 5.28 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 |
| Dec 31, 2020 | 79.04 Mn |