Full Truck Alliance Financial Statements
NYSE: YMMTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Full Truck Alliance revenue and earnings
In fiscal 2025, Full Truck Alliance generated $1.79 billion in revenue, up 16.0% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $637.6 million (+49.0% year over year), for a net margin of 35.7% versus a median of 16.3% in the prior 4 years. Gross margin was 63.0% (up from 54.6%) and operating margin 33.2%.
Diluted earnings per share came in at $0.03, up from $0.02. Over the last 4 fiscal years, YMM's revenue has grown at a 25.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Full Truck Alliance income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 |
|---|---|---|---|---|---|
| Revenue | 1.79B | 1.54B | 1.19B | 976.29M | 730.79M |
| Revenue growth (YoY) | +16.00% | +29.58% | +21.71% | +33.59% | — |
| Cost of Revenue | 660.48M | 698.77M | 580.15M | 509.56M | 398.58M |
| Gross Profit | 1.13B | 840.91M | 608.06M | 466.73M | 332.21M |
| Operating Expenses | 532.65M | 501.84M | 467.57M | 490.21M | 927.87M |
| Research & Development | 125.04M | 120.56M | 133.33M | 132.54M | 114.50M |
| Selling, General & Admin | 351.42M | 343.94M | 306.61M | 336.40M | 801.63M |
| Operating Income | 592.90M | 339.07M | 140.49M | -23.49M | -595.67M |
| Interest Expense | — | 0 | 0 | 25.00K | 6.00K |
| Other Income (Expense) | 177.61M | 121.64M | 188.24M | 97.13M | 24.42M |
| Pretax Income | 770.51M | 460.71M | 328.72M | 73.64M | -571.25M |
| Income Tax | 132.87M | 32.80M | 15.04M | 13.92M | 2.23M |
| Net Income | 637.64M | 427.91M | 313.68M | 59.72M | -573.48M |
| Net Income growth (YoY) | +49.01% | +36.42% | +425.25% | — | — |
| EPS (Basic) | 0.03 | 0.02 | 0.01 | 0.00 | -0.05 |
| EPS (Diluted) | 0.03 | 0.02 | 0.01 | 0.00 | -0.05 |
| Shares Outstanding (Basic) | 20.84B | 20.82B | 21.11B | 21.52B | 13.45B |
| Shares Outstanding (Diluted) | 20.93B | 20.90B | 21.16B | 21.58B | 13.45B |
| EBITDA | 607.20M | 349.75M | 151.01M | -10.68M | -585.09M |
| Gross Margin | 63.02% | 54.62% | 51.17% | 47.81% | 45.46% |
| Operating Margin | 33.20% | 22.02% | 11.82% | -2.41% | -81.51% |
| Net Margin | 35.70% | 27.79% | 26.40% | 6.12% | -78.47% |
This table shows 5 annual periods of Full Truck Alliance's income statement, from FY 2025 back to FY 2021, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow YMM's reporting calendar. What is a income statement?