Full Truck Alliance Co. Ltd. revenue

Full Truck Alliance Co. Ltd.'s revenue was $1.74bn in fiscal 2025, up 11.3% on the year before. Since fiscal 2019 ($358m) it has grown at a compound 30.1% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Full Truck Alliance Co. Ltd.: revenue history, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	358	374	722	1,003	1,192	1,562	1,738
Growth on the year before	—	+4.4%	+93.0%	+38.9%	+18.9%	+31.0%	+11.3%
Gross profit	157	183	328	479	610	853	1,095
Gross margin	43.8%	49.0%	45.5%	47.8%	51.2%	54.6%	63.0%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Full Truck Alliance Co. Ltd.	$1.74bn	11.3%	—
Pegasystems Inc	$1.75bn	0.9%	8.9%
Uipath, Inc.	$1.72bn	15.0%	14.4%
Paylocity Holding Corp	$1.77bn	11.0%	14.7%
Elastic N.V.	$1.80bn	16.2%	17.4%
ACI Worldwide, Inc.	$1.82bn	7.0%	9.9%

Compare with peers

Head to head: PEGA vs YMM PATH vs YMM PCTY vs YMM

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Full Truck Alliance Co. Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Full Truck Alliance Co. Ltd.