Full Truck Alliance Q1 2025 Financial Report: Strong Operating Data, Increased Holdings from Multiple Top Institutions

Zhitong
2025.05.21 10:48
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On May 21st, before the U.S. stock market opened, the digital freight platform Full Truck Alliance released its performance report for the first quarter of 2025. The report showed that in the first quarter, Full Truck achieved operating revenue of 2.7 billion yuan, a year-on-year increase of 19%. Under non-U.S. GAAP, Full Truck recorded an operating profit of 1.32 billion yuan and a net profit of 1.39 billion yuan, representing year-on-year growth of 171.5% and 84%, respectively, exceeding market expectations. In the first quarter, Full Truck's operational and user data continued to show strong growth. The number of platform fulfillment orders reached 48.2 million, a year-on-year increase of 22.6%. The average monthly active users for shippers reached 2.76 million, a year-on-year increase of 28.8%, further enhancing user stickiness and platform activity. According to market disclosures, in the recently concluded first quarter, top long-term investment institutions such as Fidelity Management & Research Company (FMR), the well-known U.S. asset management company Nuveen, and leading European pension fund manager APG Asset Management, all increased their holdings in Full Truck. These institutions may be long-term investors who have held shares in Full Truck for a long time or new funds that have heavily invested after a period of in-depth research, fully reflecting the market's confidence in Full Truck's long-term growth

According to Zhitong Finance APP, on May 21st, before the US stock market opened, the digital freight platform Full Truck Alliance (YMM.US) released its performance report for the first quarter of 2025. The report shows that in the first quarter, Full Truck achieved operating revenue of 2.7 billion yuan, a year-on-year increase of 19%. Under non-U.S. GAAP, Full Truck recorded an operating profit of 1.32 billion yuan and a net profit of 1.39 billion yuan, representing year-on-year growth of 171.5% and 84%, respectively, exceeding market expectations.

In the first quarter, Full Truck's operational and user data continued to show strong growth. The number of platform fulfillment orders reached 48.2 million, a year-on-year increase of 22.6%. The average monthly active users for shippers was 2.76 million, a year-on-year increase of 28.8%, further enhancing user stickiness and platform activity.

According to market disclosures, in the recently concluded first quarter, top long-term investment institutions such as Fidelity Management & Research Company (FMR), the well-known U.S. asset management company Nuveen, and leading European pension fund manager APG Asset Management, all increased their holdings in Full Truck. These institutions may be long-term investors who have held shares in Full Truck for a long time, or new funds that have heavily invested after a period of in-depth research, fully reflecting the market's confidence in Full Truck's long-term growth

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