Growth Metrics

Full Truck Alliance (YMM) Tax Provisions (2020 - 2025)

Full Truck Alliance recorded quarterly Tax Provisions of -$39.0 million in Q4 2025, down 1.06% quarter-over-quarter from -$38.6 million in Q3 2025, and down 471.22% year-over-year from $10.5 million in Q4 2024.

Full Truck Alliance's Tax Provisions history runs 6 years deep, the most recent figure standing at -$39.0 million for Q4 2025.

  • In Q4 2025, Tax Provisions fell 471.22% year-over-year to -$39.0 million; the TTM figure through Dec 2025 stood at -$130.5 million (down 291.02% YoY), while the FY2025 annual figure was $132.9 million, up 305.1% from the prior year.
  • Tax Provisions came in at -$39.0 million for Q4 2025 at Full Truck Alliance, down from -$38.6 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.8 million in Q2 2021 to a low of -$39.0 million in Q4 2025.
  • A 5-year average of -$9.7 million and a median of -$5.3 million in 2023 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions soared 697.5% in 2021 and tumbled 1004.92% in 2022, its largest moves.
  • Full Truck Alliance's Tax Provisions stood at -$660000.0 in 2021, then slumped by 210.0% to -$2.0 million in 2022, then surged by 51.86% to -$985000.0 in 2023, then plunged by 593.5% to -$6.8 million in 2024, then slumped by 471.22% to -$39.0 million in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$39.0 million, -$38.6 million, and -$23.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 663.00 Mn
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 194.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -53.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 204.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 92.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 533.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 422.00 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 983.00 Mn
10 Full Truck Alliance 24.56 Bn 23.81 Bn - -39.02 Mn

Historic Data

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DateValue
Dec 31, 2025 -39.02 Mn
Sep 30, 2025 -38.61 Mn
Jun 30, 2025 -23.68 Mn
Mar 31, 2025 -29.18 Mn
Dec 31, 2024 -6.83 Mn
Sep 30, 2024 -11.92 Mn
Jun 30, 2024 -7.04 Mn
Mar 31, 2024 -7.58 Mn
Dec 31, 2023 -985,000.00
Sep 30, 2023 -7.35 Mn
Jun 30, 2023 -3.70 Mn
Mar 31, 2023 -2.82 Mn
Dec 31, 2022 -2.05 Mn
Sep 30, 2022 -10.56 Mn
Jun 30, 2022 -390,000.00
Mar 31, 2022 -658,000.00
Dec 31, 2021 -660,000.00
Sep 30, 2021 -956,000.00
Jun 30, 2021 1.83 Mn
Mar 31, 2021 -2.41 Mn
Dec 31, 2020 -2.81 Mn
Sep 30, 2020 -479,092.43
Jun 30, 2020 229,341.70