YMM
Full Truck Alliance Co Ltd ADR
NYSE: YMM · TECHNOLOGY · SOFTWARE - APPLICATION
$8.32
-3.82% today
Updated 2026-04-29
Market cap
$8.70B
P/E ratio
13.42
P/S ratio
0.70x
EPS (TTM)
$0.62
Dividend yield
2.16%
52W range
$8 – $14
Volume
6.6M
Full Truck Alliance Co Ltd ADR (YMM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.47B | $2.58B | $4.66B | $6.73B | $8.44B | $11.24B | $12.15B |
| Revenue growth (YoY) | — | +4.4% | +80.4% | +44.6% | +25.3% | +33.2% | +8.1% |
| Cost of revenue | $1.39B | $1.32B | $2.54B | $3.51B | $1.23B | $1.50B | $4.42B |
| Gross profit | $1.08B | $1.26B | $2.12B | $3.22B | $7.20B | $9.73B | $7.73B |
| Gross margin | 43.8% | 49.0% | 45.5% | 47.8% | 85.4% | 86.6% | 63.6% |
| R&D | $396.69M | $413.37M | $729.67M | $914.15M | $946.63M | $880.02M | $850.61M |
| SG&A | $1.19B | $3.94B | $4.27B | $1.42B | $937.68M | $913.76M | $2.90B |
| Operating income | $-1.02B | $-3.61B | $-3.80B | $-162.00M | $997.43M | $2.47B | $3.98B |
| Operating margin | -41.3% | -140.1% | -81.5% | -2.4% | 11.8% | 22.0% | 32.8% |
| EBITDA | $-1.45B | $-3.38B | $-3.57B | $-74.14M | $2.41B | $2.55B | $3.98B |
| EBITDA margin | -58.5% | -130.9% | -76.7% | -1.1% | 28.6% | 22.7% | 32.8% |
| EBIT | $-1.52B | $-3.44B | $-3.64B | $-162.49M | $2.33B | $2.47B | — |
| Interest expense | $40.00M | $8.37M | $40000.00 | $175000.00 | $0.00 | $0.00 | — |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.52B | $-3.47B | $-3.65B | $406.76M | $2.21B | $3.07B | $4.29B |
| Net income growth (YoY) | — | -127.8% | -5.3% | +111.1% | +444.0% | +38.7% | +39.7% |
| Profit margin | -61.6% | -134.5% | -78.5% | 6.0% | 26.2% | 27.3% | 35.3% |