Full Truck Alliance Co. Ltd. Sponsored ADR

YMM Technology Software Application

Full Truck Alliance Co. Ltd. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 16.0% from fiscal 2024.

Revenue
+10.2%
EPS
+11.8%
Free cash flow
+10,172.8%

Quarter to June 2026, against a year earlier

8.98 0.03 −0.33%
Market cap
$8.3B
P/E
15.2×
Fwd P/E
11.9×
Dividend yield
2.81%
F-score
7/9
Altman Z
13.27
Beneish M
0.07
Dividend safety
70/100

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Gross margin

Alert me on Gross margin

Full Truck Alliance Co. Ltd. Sponsored ADR's gross margin over the twelve months to 30 June 2026 was 65.8%, up 2.8 percentage points from fiscal 2025 (63.0%). Over the past ten years it has ranged from 43.8% (fiscal 2019) to 63.0% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 63.0% 8.40
FY2024 54.6% 3.45
FY2023 51.2% 3.36
FY2022 47.8% 2.35
FY2021 45.5% (3.55)
FY2020 49.0% 5.21
FY2019 43.8% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 72.6% (0.06)
Mar 2026 72.7% 6.52
Dec 2025 66.2% 13.96
Sep 2025 52.2% (9.57)
23 more quarters

Against its own ten years

Low 43.8% High 63.0%
Ten-year median 49.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
IDCC InterDigital, Inc. compare 100.0%
ESTC Elastic N.V. compare 75.5%
DUOL Duolingo, Inc. compare 72.8%
TTAN ServiceTitan Inc. compare 71.1%
PCTY Paylocity Holding Corporation compare 69.2%
YOU CLEAR Secure, Inc. compare 67.5%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR 65.8%
APPF AppFolio, Inc. compare 63.8%
QNT Quantinuum Inc. compare —
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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