Full Truck Alliance Co. Ltd. (YMM) Earnings History
Profitable7 years of earnings data (2019–2025) · Positive TTM net income
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Full Truck Alliance Co. Ltd. (YMM) Earnings Overview
As of June 23, 2026, Full Truck Alliance Co. Ltd. (YMM) reported trailing twelve-month net income of $4.18B, reflecting +42.9% year-over-year growth. The company earned $3.99 per diluted share over the past four quarters, with a net profit margin of 35.3%.
Looking at the long-term picture, YMM's historical earnings data spans multiple years. The company achieved its highest annual net income of $4.29B in fiscal 2025, representing a new all-time high.
Full Truck Alliance Co. Ltd. maintains industry-leading profitability with a gross margin of 63.6%, operating margin of 32.8%, and net margin of 35.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including UBER ($8.54B net income, 19.3% margin), LYFT ($2.86B net income, 45.0% margin), GRAB ($379M net income, 8.0% margin), YMM has outperformed on profitability metrics. Compare YMM vs UBER →
YMM Earnings vs Peers
Earnings metrics vs comparable public companies
YMM Historical Earnings Data (2019–2025)
7 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.29B | +39.7% | $3.98B | $4.20 | 35.3% | 32.8% |
| 2024 | $3.07B | +38.7% | $2.47B | $2.94 | 27.3% | 22.0% |
| 2023 | $2.21B | +444.0% | $997M | $2.00 | 26.2% | 11.8% |
| 2022 | $407M | +111.1% | -$162M | $0.40 | 6.0% | -2.4% |
| 2021 | -$3.65B | -5.3% | -$3.80B | $-3.40 | -78.5% | -81.5% |
| 2020 | -$3.47B | -127.8% | -$3.61B | $-3.20 | -134.5% | -140.1% |
| 2019 | -$1.52B | - | -$1.02B | $-1.42 | -61.6% | -41.3% |
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YMM — Frequently Asked Questions
Quick answers to the most common questions about buying YMM stock.
What is YMM earnings per share (EPS)?
YMM trailing twelve-month (TTM) diluted EPS is $3.99, reflecting +42.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2019 to 2025 is available in the table on this page.
What is Full Truck Alliance Co. Ltd.'s net income?
Full Truck Alliance Co. Ltd. (YMM) trailing twelve-month net income is $4.2B as of 2025. Earnings grew +42.9% year-over-year. Full Truck Alliance Co. Ltd. has been profitable for 4 consecutive years.
Is YMM profitable?
Yes, YMM is profitable with a TTM net income of $4.2B and a net profit margin of +35.3%. Full Truck Alliance Co. Ltd. has generated profits for 4 consecutive years.
What is YMM's earnings growth rate?
YMM compound annual EPS growth rates (CAGR): 1-Year: +42.9%, 3-Year: +119.0%, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2019 to 2025.
What are YMM's profit margins?
Full Truck Alliance Co. Ltd. net profit margin is +35.3%, operating margin is +32.8%, and gross margin is +63.6%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +10.8%.
Is YMM growing earnings?
Yes, YMM earnings are accelerating — EPS growth of +42.9% exceeds the 5-year CAGR of N/A. TTM net income reached $4.2B. Earnings momentum is strengthening.
What was YMM's best earnings year?
Full Truck Alliance Co. Ltd.'s highest annual net income on record is $4.3B, achieved in fiscal year 2025. Earnings history on this page spans 2019 to 2025 and includes all annual and quarterly figures.
What were YMM's earnings last quarter?
YMM's most recent reported quarter was Q2 2025. Net income was $1.2B with diluted EPS of $24.00. For a full breakdown of all quarters, see the quarterly earnings table on this page.