YMM (Full Truck Alliance Co) Total Operating Expense: $566 Mil (TTM As of Mar. 2026)


YMM Full Truck Alliance Co Ltd YMM
73 GF Score
Price $8.08
GF Value $11.76
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Full Truck Alliance Co Total Operating Expense?

Full Truck Alliance Co YMM +4.66% 73 Total Operating Expense is $566 Mil as of Mar. 2026. GuruFocus rates YMM with a GF Score™ of 73/100 and a GF Value™ of $11.76 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Full Truck Alliance Co's Total Operating Expense for the three months ended in Mar. 2026 was $154 Mil. Full Truck Alliance Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $566 Mil.

Full Truck Alliance Co Total Operating Expense Related Terms

Full Truck Alliance Co Total Operating Expense Historical Data

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The historical data trend for Full Truck Alliance Co's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Full Truck Alliance Co Total Operating Expense Chart

Full Truck Alliance Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 928.35 484.97 464.93 503.13 528.86

Full Truck Alliance Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.20 119.93 137.12 154.48 154.41
YMM
73GF Score
Full Truck Alliance Co Ltd YMM
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Full Truck Alliance Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $566 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $566 Mil mean?
Full Truck Alliance Co (YMM) has a Total Operating Expense of $566 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Full Truck Alliance Co and its competitors.
Is Full Truck Alliance Co's Total Operating Expense too high?
Full Truck Alliance Co's current Total Operating Expense is $566 Mil. Overall, Full Truck Alliance Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Full Truck Alliance Co's Total Operating Expense compare to UBER and SHOP?
Full Truck Alliance Co's Total Operating Expense of $566 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Full Truck Alliance Co and its competitors. Full Truck Alliance Co's current Total Operating Expense is $566 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Truck Alliance Co stock overvalued right now?
Based on GuruFocus' analysis, Full Truck Alliance Co (YMM) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.76, compared to a current price of $8.08 — trading 31.3% below its estimated fair value. The current Total Operating Expense is $566 Mil. Full Truck Alliance Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Full Truck Alliance Co (YMM), the current Total Operating Expense is $566 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Full Truck Alliance Co (YMM) Overvalued in 2026?

Based on GuruFocus' analysis, Full Truck Alliance Co stock appears to be undervalued. The current stock price of $8.08 is trading 31.3% below its estimated GF Value™ of $11.76. GuruFocus considers Full Truck Alliance Co to be Significantly Undervalued.

Key valuation signals for YMM:

  • Total Operating Expense: $566 Mil
  • GF Value™: $11.76 vs. price of $8.08 (31.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the YMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Full Truck Alliance Co Business Description

Other Exchanges YMMN:Mexico892:Germany
Address 20 Fengxin Road, Wanbo Science and Technology Park, Yuhuatai District, Nanjing, CHN, 210012
Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.
73GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.08
Price
$11.76
GF Value