# Full Truck Alliance Co. Ltd.: overview

YMM · NYSE · CIK 1838413 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ymm.md) · [Financials](/companies/ymm/financials.md) · [Filings](/companies/ymm/filings.md) · [Insiders](/companies/ymm/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [731](/filings/0001193125-22-117547.md) | [976](/filings/0001193125-23-106426.md) | [1,188](/filings/0001193125-24-095461.md) | [1,540](/filings/0001193125-25-079553.md) | [1,786](/filings/0001193125-26-153778.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(81.5%)](/filings/0001193125-22-117547.md) | [(2.4%)](/filings/0001193125-23-106426.md) | [11.8%](/filings/0001193125-24-095461.md) | [22.0%](/filings/0001193125-25-079553.md) | [33.2%](/filings/0001193125-26-153778.md) |
| Net margin | % | [(500.1%)](/filings/0001193125-24-095461.md) | [42.2%](/filings/0001193125-25-079553.md) | [187.4%](/filings/0001193125-26-153778.md) | [202.9%](/filings/0001193125-26-153778.md) | [249.7%](/filings/0001193125-26-153778.md) |
| Diluted EPS | $ per share | [(0.05)](/filings/0001193125-22-117547.md) | [0.00](/filings/0001193125-23-106426.md) | [0.01](/filings/0001193125-24-095461.md) | [0.02](/filings/0001193125-25-079553.md) | [0.03](/filings/0001193125-26-153778.md) |
| Free cash flow | $m | [(40.0)](/filings/0001193125-22-117547.md) | [(14.7)](/filings/0001193125-23-106426.md) | [306](/filings/0001193125-24-095461.md) | [397](/filings/0001193125-25-079553.md) | [643](/filings/0001193125-26-153778.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ymm/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [First Beijing Investment Ltd](/funds/1701717.md) | 2026-06-30 | $745.3m | 91,790,875 |  | Added +1,789,980 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $504.5m | 62,128,513 |  | Added +2,067,672 |
| [FIL Ltd](/funds/318989.md) | 2026-06-30 | $491.5m | 60,524,375 |  | Reduced −2,687,196 |
| [Greenwoods Asset Management Hong Kong Ltd.](/funds/1848138.md) | 2026-06-30 | $320.4m | 39,452,419 |  | Reduced −1,505,100 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $261.0m | 32,143,971 |  | Added +31,145,847 |
| [Krane Funds Advisors LLC](/funds/1536592.md) | 2026-06-30 | $230.2m | 28,352,796 |  | Reduced −248,133 |
| [Davis Selected Advisers](/funds/1036325.md) | 2026-06-30 | $224.4m | 27,639,082 |  | Reduced −1,124,109 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $191.1m | 23,530,788 |  | Reduced −359,254 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $187.1m | 23,155,263 |  | Added +1,081,406 |
| [Mitsubishi UFJ Trust & Banking Corp](/funds/1462160.md) | 2026-06-30 | $182.5m | 22,471,443 |  | Added +3,160,527 |

## Recent filings

[All 115 filings](/companies/ymm/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-19 | 16:28 ET | [6-K](/filings/0001193125-26-356976.md) | Report of a foreign private issuer, period 2026-08-19 | 0001193125-26-356976 |
| 2026-05-21 | 08:29 ET | [6-K](/filings/0001193125-26-233578.md) | Report of a foreign private issuer, period 2026-05-21 | 0001193125-26-233578 |
| 2026-04-14 | 06:45 ET | [20-F](/filings/0001193125-26-153778.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001193125-26-153778 |
| 2026-03-12 | 16:07 ET | [6-K](/filings/0001193125-26-104131.md) | Report of a foreign private issuer, period 2026-03-12 | 0001193125-26-104131 |
| 2026-01-20 | 06:44 ET | [6-K](/filings/0001193125-26-015930.md) | Report of a foreign private issuer, period 2026-01-20 | 0001193125-26-015930 |
| 2025-11-17 | 16:02 ET | [6-K](/filings/0001193125-25-284592.md) | Report of a foreign private issuer, period 2025-11-17 | 0001193125-25-284592 |
| 2025-08-21 | 09:11 ET | [6-K](/filings/0001193125-25-184831.md) | Report of a foreign private issuer, period 2025-08-21 | 0001193125-25-184831 |
| 2025-08-04 | 06:23 ET | [6-K](/filings/0001193125-25-172093.md) | Report of a foreign private issuer, period 2025-08-04 | 0001193125-25-172093 |
| 2025-05-21 | 16:02 ET | [6-K](/filings/0001193125-25-123968.md) | Report of a foreign private issuer, period 2025-05-21 | 0001193125-25-123968 |
| 2025-04-14 | 06:13 ET | [20-F](/filings/0001193125-25-079553.md) | Annual report of a foreign private issuer, period 2024-12-31 | 0001193125-25-079553 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-153778.md), filed Apr 14, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1838413
- Tickers: YMM
- Exchange: NYSE
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: E9
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.
