Full Truck Alliance (YMM) Receivables (2020 - 2026)
Full Truck Alliance (YMM) reported Receivables of $15.9 million for Q1 2026, up 374.2% on a YoY basis from $3.4 million in Q1 2025, and down 67.99% sequentially from $49.7 million in Q4 2025.
Full Truck Alliance (YMM) Receivables (2020 - 2026) Analysis & Trends
Full Truck Alliance (YMM) has 7 years of Receivables data on file, last reported at $15.9 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables rose 374.2% year-over-year to $15.9 million; the trailing twelve-month figure through Mar 2026 stood at $15.9 million (up 374.2% YoY), and the FY2025 full-year result was $49.1 million, down 47.44% from the prior year.
- Receivables eased to $15.9 million in Q1 2026, from $49.7 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $93.4 million in Q4 2024 to a low of $2.2 million in Q2 2022.
- A 5-year average of $15.9 million and a median of $3.8 million in 2024 frame the typical range for Receivables.
- Peak annual rise in Receivables reached 549.27% in 2022, while the deepest fall reached 91.33% in 2022.
- Tracing YMM's Receivables over 5 years: stood at $36.8 million in 2022, then fell by 29.76% to $25.8 million in 2023, then jumped by 261.63% to $93.4 million in 2024, then slumped by 46.78% to $49.7 million in 2025, then tumbled by 67.99% to $15.9 million in 2026.
- Business Quant data shows YMM's Receivables at $15.9 million in Q1 2026, $49.7 million in Q4 2025, and $6.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 15.91 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 449.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 3.90 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 5.08 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.80 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 3.57 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 601.02 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.63 Bn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 814.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.91 Mn |
| Dec 31, 2025 | 49.71 Mn |
| Sep 30, 2025 | 6.30 Mn |
| Jun 30, 2025 | 6.80 Mn |
| Mar 31, 2025 | 3.36 Mn |
| Dec 31, 2024 | 93.42 Mn |
| Sep 30, 2024 | 3.77 Mn |
| Jun 30, 2024 | 3.78 Mn |
| Mar 31, 2024 | 8.73 Mn |
| Dec 31, 2023 | 25.83 Mn |
| Sep 30, 2023 | 2.92 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 3.05 Mn |
| Dec 31, 2022 | 36.78 Mn |
| Sep 30, 2022 | 2.33 Mn |
| Jun 30, 2022 | 2.20 Mn |
| Mar 31, 2022 | 3.63 Mn |
| Dec 31, 2021 | 5.66 Mn |
| Sep 30, 2021 | 11.96 Mn |
| Jun 30, 2021 | 25.35 Mn |