Full Truck Alliance Co. Ltd. Files 2025 Annual Report on Form 20-F

Full Truck Alliance (NYSE:YMM) filed its 2025 Annual Report on Form 20-F with the SEC on April 14, 2026 for the fiscal year ended December 31, 2025.

Rhea-AI Summary

Full Truck Alliance (NYSE:YMM) filed its 2025 Annual Report on Form 20-F with the SEC on April 14, 2026 for the fiscal year ended December 31, 2025. The report is available on the company investor relations site.

The company will provide a free hard copy of the audited consolidated financial statements to shareholders and ADS holders upon request, with mailing instructions directed to its Investor Relations Department in Shanghai.

Argus Apr 14 session

-0.36% close to close Open Argus

Details

News Market Reaction – YMM

On Apr 14, the day this news came out, YMM closed 0.36% below the previous close.

Data tracked by StockTitan Argus for the Apr 14 session.

Market Context

This announcement centers on Full Truck Alliance’s filing of its 2025 Form 20-F, which formalizes al...

Analysis

This announcement centers on Full Truck Alliance’s filing of its 2025 Form 20-F, which formalizes already reported net revenues of RMB12.49 billion, strong profitability, and substantial cash of RMB31.5 billion. It also aligns with the previously disclosed plan to return about US$400 million to shareholders in 2026. Investors tracking this name may focus on how these reported figures support ongoing capital returns and future growth versus the stock’s position below its 200-day MA.

Key Figures

2025 net revenues: RMB12.49 billion 2025 net income: RMB4.41–4.46 billion Free cash flow: RMB4.50 billion +5 more

2025 net revenues

RMB12.49 billion

Reported in 2025 Form 20-F and 6-K filing

2025 net income

RMB4.41–4.46 billion

Net income attributable to ordinary shareholders in 20-F and 6-K

Free cash flow

RMB4.50 billion

2025 free cash flow from 6-K summary

Cash & investments

RMB31.5 billion

Balance as of Dec 31, 2025 from 6-K

Dividends 2024–2025

US$350 million

Approximate cash dividends paid during 2024–2025 per 20-F

2026 capital return target

US$400 million

Planned buybacks and dividends in 2026

Q1 2026 revenue guide

RMB2.70–2.80 billion

Guidance range for Q1 2026 net revenues from 6-K

Dividend per ADS

US$0.0840 per ADS

Q1 2026 cash dividend, about US$87.5 million total

Historical Context

5 past events · Latest: Mar 12

5 events

1. Mar 12

   FY 2025 earnings

   24h Move

   -1.6%

   Strong 2025 revenue and profit growth with higher orders and MAUs.

2. Feb 27

   Earnings date set

   24h Move

   -1.6%

   Announcement of Q4 and FY 2025 results release and conference call.

3. Jan 19

   Return plan

   24h Move

   +0.2%

   Long-term commitment to return at least 50% of non-GAAP net income.

4. Nov 17

   Q3 2025 earnings

   24h Move

   -11.9%

   Q3 revenue growth but lower net income and mixed profit metrics.

5. Oct 22

   Earnings date set

   24h Move

   +0.6%

   Scheduling of Q3 2025 results release and investor conference call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 20-f, ads

2 terms

form 20-f regulatory

"announced that it filed its annual report on Form 20-F for the fiscal year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

ads financial

"provide a hard copy ... free of charge, to its shareholders and ADS holders upon request"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GUIYANG, China, April 14, 2026 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission on April 14, 2026. The annual report can be accessed on the Company's investor relations website at ir.fulltruckalliance.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Full Truck Alliance Co. Ltd., 16F, Building T2, SOHO Tianshan, No. 1717 Tianshan Road, Changning District, Shanghai, 200051, People's Republic of China.

About Full Truck Alliance Co. Ltd.

Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas station operators. With a mission to empower enterprises with greater logistics competitiveness, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.

For investor and media inquiries, please contact:

In China:

Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: FTA@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com

View original content:https://www.prnewswire.com/news-releases/full-truck-alliance-co-ltd-files-2025-annual-report-on-form-20-f-302741642.html

SOURCE Full Truck Alliance Co. Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Full Truck Alliance (YMM) file with the SEC on April 14, 2026?

Full Truck Alliance filed its 2025 Annual Report on Form 20-F with the SEC on April 14, 2026. According to Full Truck Alliance, the filing covers the fiscal year ended December 31, 2025 and includes audited consolidated financial statements.

How can investors access the Full Truck Alliance (YMM) 2025 Form 20-F?

Investors can access the 2025 Form 20-F on the company's investor relations website. According to Full Truck Alliance, the report is posted at ir.fulltruckalliance.com and a hard copy is available free upon request to shareholders and ADS holders.

Can shareholders request a hard copy of Full Truck Alliance's (YMM) 2025 annual report?

Yes, shareholders and ADS holders can request a free hard copy of the annual report containing audited financials. According to Full Truck Alliance, requests should be directed to its Investor Relations Department at the Shanghai address provided.

What fiscal period does Full Truck Alliance's (YMM) 2025 Form 20-F cover?

The Form 20-F covers the fiscal year ended December 31, 2025. According to Full Truck Alliance, the filing submitted on April 14, 2026 includes the audited consolidated financial statements for that period.

Where should requests for a hard copy of Full Truck Alliance (YMM) annual report be sent?

Requests should be sent to the Investor Relations Department at the company's Shanghai office address. According to Full Truck Alliance, the address is 16F, Building T2, SOHO Tianshan, No. 1717 Tianshan Road, Changning District, Shanghai, 200051.