Company Expects Q1 2026 Net Revenues Between RMB 2.70 Billion and RMB 2.80 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Should l Buy YMM?
The company said, "The Company expects its total net revenues to be between RMB2.70 billion and RMB2.80 billion for the first quarter of 2026, representing approximately flat to a 3.9% year-over-year increase. Excluding freight brokerage service, net revenues are expected to range from RMB1.98 billion to RMB2.06 billion, representing an estimated year-over-year growth rate of 13.9% to 19.0%. These forecasts are based on the Company's current and preliminary view of the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof."
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Analyst Views on YMM
Wall Street analysts forecast YMM stock price to rise
5 Analyst Rating
3 Buy
1 Hold
1 Sell
Moderate Buy
Current: 9.130
Low
8.00
Averages
11.96
High
14.00
Current: 9.130
Low
8.00
Averages
11.96
High
14.00
About YMM
Full Truck Alliance Co Ltd is a holding company primarily engaged in the operation of the digital freight platform FTA. The Company is primarily engaged in the provision of freight matching services. The services primarily include freight listing service, freight brokerage service, as well as online transaction service, which digitalizes the shipping transaction process. The Company is also engaged in the provision of value-added services, including cash credit solutions and working capital loans, insurance brokerage, software solutions, electronic toll collection (ETC) services, as well as energy services. The Company primarily operates its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Full Truck Alliance to Announce Q4 Earnings on March 12
- Earnings Announcement: Full Truck Alliance (YMM) is set to release its Q4 2023 earnings report on March 12 before market open, with consensus EPS estimated at $0.14 and revenue projected at $449.13 million, reflecting a 3.3% year-over-year growth, which will provide crucial insights for investors.
- Historical Performance: Over the past two years, YMM has consistently beaten both EPS and revenue estimates 100% of the time, indicating strong performance in profitability and market expectation management, thereby boosting investor confidence in future results.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and four downward adjustments, while revenue estimates have experienced one upward revision and three downward changes, suggesting a cautious market sentiment regarding the company's future performance that investors should monitor closely.
- Shareholder Return Plan: Full Truck Alliance has announced a $400 million shareholder return plan for FY26, demonstrating confidence in future cash flows and potentially attracting more investor interest in its long-term value.
See More
Full Truck Alliance Q4 2025 Earnings Highlights
- Revenue Growth: Full Truck Alliance reported total net revenues of RMB 3.1926 billion (approximately $456.5 million) for Q4 2025, reflecting a 0.6% year-over-year increase and surpassing market expectations by $7.37 million, indicating stable performance in the logistics sector.
- Order Fulfillment Increase: The number of fulfilled orders in Q4 reached 63.9 million, up 12.3% from 56.9 million in the same period of 2024, showcasing the company's strong execution capabilities amid rising logistics demand.
- Active User Growth: Average monthly active users (MAUs) for shippers reached 3.28 million in Q4, an 11.6% increase from 2.93 million in the same quarter of 2024, demonstrating effective strategies in attracting and retaining customers, thereby solidifying market position.
- Future Outlook: The company anticipates total net revenues for Q1 2026 to be between RMB 2.70 billion and RMB 2.80 billion, representing a year-over-year growth of approximately flat to 3.9%, reflecting a cautiously optimistic outlook amid changing market conditions.
See More
Full Truck Alliance Reports Significant Growth in FY 2025 Financial Results
- User Experience Improvement: In FY 2025, Full Truck Alliance fulfilled over 236 million orders, reflecting nearly 20% year-over-year growth, demonstrating the company's success in enhancing user experience and profitability through disciplined strategic execution in a complex market environment.
- Significant Revenue Growth: Total revenue for 2025 reached RMB 12.49 billion, an 11.1% increase year-over-year, with transaction service revenue growing by 38.2%, indicating the company's sustained competitive strength in the logistics market.
- Substantial Net Income Increase: The net income for 2025 was RMB 4.46 billion, up 42.8% year-over-year, while non-GAAP adjusted net income reached RMB 4.79 billion, a 19.3% increase, showcasing the company's ongoing improvement in profitability.
- AI Technology Implementation: The company piloted AI assistant capabilities in 2025 to enhance fulfillment efficiency, with plans to accelerate AI adoption in logistics transactions, thereby further strengthening its value creation capabilities in the industry.
See More
Full Truck Alliance Reports Significant Growth in FY 2025 Financial Results
- Revenue Growth: Full Truck Alliance reported total net revenues of RMB 12.49 billion (approximately USD 1.786 billion) for 2025, reflecting an 11.1% year-over-year increase, indicating the company's ongoing expansion in the digital freight platform sector and strong market demand.
- Significant Profit Increase: The net income for 2025 reached RMB 4.46 billion (approximately USD 637.6 million), marking a 42.8% increase year-over-year, which demonstrates a substantial improvement in profitability and boosts investor confidence.
- Surge in Fulfilled Orders: The total number of fulfilled orders in 2025 reached 236.3 million, a 19.8% increase from the previous year, indicating the company's success in enhancing user experience and market penetration, further solidifying its market position.
- AI Technology Implementation: The company plans to accelerate the adoption of AI technologies in logistics transactions and fulfillment, aiming to enhance operational efficiency and customer value, highlighting its strategic focus on technological innovation.
See More
Full Truck Alliance Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Full Truck Alliance will release its unaudited financial results for Q4 and fiscal year 2025 on March 12, 2026, at 8:00 A.M. U.S. ET, providing critical performance data and future outlook for investors.
- Conference Call Details: The company's management will hold a conference call on the same day to discuss the financial results, requiring participants to register online in advance to receive dial-in numbers and a unique access PIN for smooth participation.
- Replay Service: After the meeting, participants can access a replay of the call via designated phone numbers within one hour, available until March 19, 2026, allowing investors who missed the live session to catch up on important information.
- Company Background: Full Truck Alliance is a leading digital freight platform focused on enhancing logistics efficiency through technology, connecting shippers with truckers, and offering a variety of freight matching and value-added services to promote sustainable development in the logistics industry.
See More
Full Truck Alliance Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Full Truck Alliance will release its unaudited financial results for fiscal year 2025 before the U.S. market opens on March 12, 2026, highlighting the company's commitment to transparency and investor communication.
- Conference Call Timing: Management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on March 12, 2026, allowing global investors to participate, which underscores the company's focus on shareholder engagement.
- Participation Registration Process: Participants are required to register online in advance to receive dial-in numbers and a unique access PIN, ensuring a smooth conference experience and enhancing investor engagement.
- Replay Availability: A replay of the conference call will be accessible by phone one hour after the live call until March 19, 2026, with dial-in options for multiple countries, facilitating information access for global investors.
See More
Full Truck Alliance to Announce Q4 Earnings on March 12
- Earnings Announcement: Full Truck Alliance (YMM) is set to release its Q4 2023 earnings report on March 12 before market open, with consensus EPS estimated at $0.14 and revenue projected at $449.13 million, reflecting a 3.3% year-over-year growth, which will provide crucial insights for investors.
- Historical Performance: Over the past two years, YMM has consistently beaten both EPS and revenue estimates 100% of the time, indicating strong performance in profitability and market expectation management, thereby boosting investor confidence in future results.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and four downward adjustments, while revenue estimates have experienced one upward revision and three downward changes, suggesting a cautious market sentiment regarding the company's future performance that investors should monitor closely.
- Shareholder Return Plan: Full Truck Alliance has announced a $400 million shareholder return plan for FY26, demonstrating confidence in future cash flows and potentially attracting more investor interest in its long-term value.
See More
Full Truck Alliance Q4 2025 Earnings Highlights
- Revenue Growth: Full Truck Alliance reported total net revenues of RMB 3.1926 billion (approximately $456.5 million) for Q4 2025, reflecting a 0.6% year-over-year increase and surpassing market expectations by $7.37 million, indicating stable performance in the logistics sector.
- Order Fulfillment Increase: The number of fulfilled orders in Q4 reached 63.9 million, up 12.3% from 56.9 million in the same period of 2024, showcasing the company's strong execution capabilities amid rising logistics demand.
- Active User Growth: Average monthly active users (MAUs) for shippers reached 3.28 million in Q4, an 11.6% increase from 2.93 million in the same quarter of 2024, demonstrating effective strategies in attracting and retaining customers, thereby solidifying market position.
- Future Outlook: The company anticipates total net revenues for Q1 2026 to be between RMB 2.70 billion and RMB 2.80 billion, representing a year-over-year growth of approximately flat to 3.9%, reflecting a cautiously optimistic outlook amid changing market conditions.
See More
Full Truck Alliance Reports Significant Growth in FY 2025 Financial Results
- User Experience Improvement: In FY 2025, Full Truck Alliance fulfilled over 236 million orders, reflecting nearly 20% year-over-year growth, demonstrating the company's success in enhancing user experience and profitability through disciplined strategic execution in a complex market environment.
- Significant Revenue Growth: Total revenue for 2025 reached RMB 12.49 billion, an 11.1% increase year-over-year, with transaction service revenue growing by 38.2%, indicating the company's sustained competitive strength in the logistics market.
- Substantial Net Income Increase: The net income for 2025 was RMB 4.46 billion, up 42.8% year-over-year, while non-GAAP adjusted net income reached RMB 4.79 billion, a 19.3% increase, showcasing the company's ongoing improvement in profitability.
- AI Technology Implementation: The company piloted AI assistant capabilities in 2025 to enhance fulfillment efficiency, with plans to accelerate AI adoption in logistics transactions, thereby further strengthening its value creation capabilities in the industry.
See More
Full Truck Alliance Reports Significant Growth in FY 2025 Financial Results
- Revenue Growth: Full Truck Alliance reported total net revenues of RMB 12.49 billion (approximately USD 1.786 billion) for 2025, reflecting an 11.1% year-over-year increase, indicating the company's ongoing expansion in the digital freight platform sector and strong market demand.
- Significant Profit Increase: The net income for 2025 reached RMB 4.46 billion (approximately USD 637.6 million), marking a 42.8% increase year-over-year, which demonstrates a substantial improvement in profitability and boosts investor confidence.
- Surge in Fulfilled Orders: The total number of fulfilled orders in 2025 reached 236.3 million, a 19.8% increase from the previous year, indicating the company's success in enhancing user experience and market penetration, further solidifying its market position.
- AI Technology Implementation: The company plans to accelerate the adoption of AI technologies in logistics transactions and fulfillment, aiming to enhance operational efficiency and customer value, highlighting its strategic focus on technological innovation.
See More
Full Truck Alliance Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Full Truck Alliance will release its unaudited financial results for Q4 and fiscal year 2025 on March 12, 2026, at 8:00 A.M. U.S. ET, providing critical performance data and future outlook for investors.
- Conference Call Details: The company's management will hold a conference call on the same day to discuss the financial results, requiring participants to register online in advance to receive dial-in numbers and a unique access PIN for smooth participation.
- Replay Service: After the meeting, participants can access a replay of the call via designated phone numbers within one hour, available until March 19, 2026, allowing investors who missed the live session to catch up on important information.
- Company Background: Full Truck Alliance is a leading digital freight platform focused on enhancing logistics efficiency through technology, connecting shippers with truckers, and offering a variety of freight matching and value-added services to promote sustainable development in the logistics industry.
See More
Full Truck Alliance Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Full Truck Alliance will release its unaudited financial results for fiscal year 2025 before the U.S. market opens on March 12, 2026, highlighting the company's commitment to transparency and investor communication.
- Conference Call Timing: Management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on March 12, 2026, allowing global investors to participate, which underscores the company's focus on shareholder engagement.
- Participation Registration Process: Participants are required to register online in advance to receive dial-in numbers and a unique access PIN, ensuring a smooth conference experience and enhancing investor engagement.
- Replay Availability: A replay of the conference call will be accessible by phone one hour after the live call until March 19, 2026, with dial-in options for multiple countries, facilitating information access for global investors.
See More
