Full Truck Alliance (YMM) Revenue & Revenue Breakdown


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Full Truck Alliance Revenue Highlights


Latest Revenue (Y)

$8.44B

Latest Revenue (Q)

$2.27B

Main Segment (Y)

Freight Matching Services

Main Geography (Y)

Freight Matching Services

Full Truck Alliance Revenue by Period


Full Truck Alliance Revenue by Year

DateRevenueChange
2023-12-31$8.44B25.28%
2022-12-31$6.73B44.59%
2021-12-31$4.66B80.45%
2020-12-31$2.58B4.36%
2019-12-31$2.47B-

Full Truck Alliance generated $8.44B in revenue during NA 2023, up 25.28% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Full Truck Alliance Revenue by Quarter

DateRevenueChange
2024-03-31$2.27B-5.78%
2023-12-31$2.41B6.36%
2023-09-30$2.26B9.79%
2023-06-30$2.06B21.13%
2023-03-31$1.70B-11.45%
2022-12-31$1.92B6.30%
2022-09-30$1.81B8.29%
2022-06-30$1.67B25.33%
2022-03-31$1.33B-6.77%
2021-12-31$1.43B15.12%
2021-09-30$1.24B10.98%
2021-06-30$1.12B29.02%
2021-03-31$867.15M1.98%
2020-12-31$850.35M15.70%
2020-09-30$734.95M31.96%
2020-06-30$556.95M-

Full Truck Alliance generated $2.27B in revenue during Q1 2024, up -5.78% compared to the previous quarter, and up 118.01% compared to the same period a year ago.

Full Truck Alliance Revenue Breakdown


Full Truck Alliance Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Value Added Tax Services$1.39B$1.14B$40.00M
Freight Matching Services$7.05B$9.15B$2.58B
Credit Solutions-$796.36M$520.09M
Other Value Added Services-$280.64M$190.05M
Freight Listings-$852.38M$753.03M
Transaction Commission-$1.44B$696.07M
Freight Brokerage-$3.36B$2.50B

Full Truck Alliance's latest annual revenue breakdown by segment (product or service), as of Dec 23: Freight Matching Services (83.55%), and Value Added Tax Services (16.45%).

Full Truck Alliance Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Freight Brokerage$3.36B$2.50B
Value Added Tax Services$61.00M$40.00M
Freight Matching Services$3.49B$2.58B
Credit Solutions$796.36M$520.09M
Other Value Added Services$280.64M$190.05M
Freight Listings$852.38M$753.03M
Transaction Commission$1.44B$696.07M

Full Truck Alliance's latest annual revenue breakdown by geography, as of Dec 22: Freight Matching Services (33.93%), Freight Brokerage (32.67%), Transaction Commission (14.04%), Freight Listings (8.29%), Credit Solutions (7.74%), Other Value Added Services (2.73%), and Value Added Tax Services (0.59%).

Full Truck Alliance Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
YMMFull Truck Alliance$8.44B$2.27B
KCKingsoft Cloud$7.05B$1.78B
PLUSePlus$2.21B$551.76M
ENVEnvestnet$1.25B$348.27M
GWREGuidewire Software$905.34M$240.68M
ETWOE2open Parent$634.55M$151.16M
INSTInstructure$530.21M$170.44M
BRZEBraze$471.80M$145.50M
CWANClearwater Analytics$368.17M$106.79M
DOMODomo$318.99M$78.41M
ALKTAlkami$264.83M$82.16M
VTEXVTEX$201.52M$52.65M
ENFNEnfusion$174.53M$49.45M
ONTFON24$163.71M$37.35M
EXFYExpensify$150.69M$33.29M
AMSWAAmerican Software$102.52M$26.19M
MCLDmCloud$25.60M$2.91M
OBLGOblong$3.81M$626.00K
WETGNext Technology$2.63M$1.00M

YMM Revenue FAQ


Full Truck Alliance's yearly revenue for 2023 was $8.44B, representing an increase of 25.28% compared to 2022. The company's yearly revenue for 2022 was $6.73B, representing an increase of 44.59% compared to 2021. YMM's yearly revenue for 2021 was $4.66B, representing an increase of 80.45% compared to 2020.

Full Truck Alliance's quarterly revenue for Q1 2024 was $2.27B, a -5.78% decrease from the previous quarter (Q4 2023), and a 33.28% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $2.41B, a 6.36% increase from the previous quarter (Q3 2023), and a 25.25% increase year-over-year (Q4 2022). YMM's quarterly revenue for Q3 2023 was $2.26B, a 9.79% increase from the previous quarter (Q2 2023), and a 25.18% increase year-over-year (Q3 2022).

Full Truck Alliance's revenue growth rate for the last 3 years (2021-2023) was 81.15%, and for the last 5 years (2019-2023) was 241.12%.

Full Truck Alliance's revenue streams in c 23 are Value Added Tax Services, and Freight Matching Services. Value Added Tax Services generated $1.39B in revenue, accounting 16.45% of the company's total revenue, up 21.91% year-over-year. Freight Matching Services generated $7.05B in revenue, accounting 83.55% of the company's total revenue, down -22.94% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Full Truck Alliance was Freight Matching Services. This segment made a revenue of $7.05B, representing 83.55% of the company's total revenue.