Full Truck Alliance annual operating expenses
2021
2022
2023
2024
2025
Full Truck Alliance Operating Expenses Growth & History (YMM)
Full Truck Alliance's operating expenses was $532.6M for fiscal 2025.
View full Full Truck Alliance company overviewFull Truck Alliance annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $532.6M | −$671.3M | −55.76% |
| 2024 | 2024-12-31 | $1.20B | $736.3M | +157.48% |
| 2023 | 2023-12-31 | $467.6M | −$22.6M | −4.62% |
| 2022 | 2022-12-31 | $490.2M | −$839.8M | −63.14% |
| 2021 | 2021-12-31 | $1.33B | — | — |
Full Truck Alliance operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Full Truck Alliance's operating expenses decreased from $1.33B to $532.6M, a change of −$797.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Full Truck Alliance source filings ↗