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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)

Value Added Tax 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 24Dec 23Dec 22Dec 21
Other Value Added Services$442.07M$280.64M$190.05M-
Credit Solutions$1.34B$796.36M$520.09M-
Value Added Tax Services$5.10B$1.39B$1.14B$40.00M
Freight Matching Services-$7.05B$9.15B$2.58B
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 24: Value Added Tax Services (74.08%), Credit Solutions (19.49%), and Other Value Added Services (6.42%).

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-
GWREGuidewire Software$980.50M$289.48M
ETWOE2open Parent$634.55M$151.16M
BRZEBraze$593.41M$152.05M
CWANClearwater Analytics$451.80M$115.83M
ALKTAlkami$333.85M$85.91M
DOMODomo$317.04M$79.76M
ENFNEnfusion$201.61M$51.17M
VTEXVTEX$201.52M$52.65M
ONTFON24$148.08M$37.35M
EXFYExpensify$139.24M$35.41M
OBLGOblong$2.38M$611.00K

YMM Revenue FAQ

What is Full Truck Alliance’s yearly revenue?

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.

What is Full Truck Alliance’s quarterly revenue?

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).

What is Full Truck Alliance’s revenue growth rate?

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%.

What are Full Truck Alliance’s revenue streams?

Full Truck Alliance's revenue streams in c 24 are Other Value Added Services, Credit Solutions, and Value Added Tax Services. Other Value Added Services generated $442.07M in revenue, accounting 6.42% of the company's total revenue, up 57.52% year-over-year. Credit Solutions generated $1.34B in revenue, accounting 19.49% of the company's total revenue, up 68.45% year-over-year. Value Added Tax Services generated $5.1B in revenue, accounting 74.08% of the company's total revenue, up 267.47% year-over-year.

What is Full Truck Alliance’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Full Truck Alliance was Value Added Tax Services. This segment made a revenue of $5.1B, representing 74.08% of the company's total revenue.