What is the current annual gross margin of YMM?

As of today, YMM annual gross margin is 63.60%

What is 1-year change in YMM annual gross margin?

YMM annual gross margin is up +16.44% year-over-year

What is 3-year change in YMM annual gross margin?

YMM annual gross margin is up +33.03% over the past 3 years

How far is YMM annual gross margin from its all-time high?

YMM annual gross margin is currently at its all-time high

How does YMM annual gross margin rank versus sector peers?

YMM annual gross margin is higher than 76.12% of companies in Technology sector

When is YMM next annual earnings release?

As of today, the next annual earnings release for YMM has not been scheduled

What is the current quarterly gross margin of YMM?

As of today, YMM quarterly gross margin is 72.62%

What is YMM quarterly gross margin most recent change?

YMM quarterly gross margin was down -0.08% on June 30, 2026

What is 1-year change in YMM quarterly gross margin?

YMM quarterly gross margin is up +17.57% year-over-year

How far is YMM quarterly gross margin from its all-time high?

YMM quarterly gross margin is currently -2.04% below its historical high of 74.13% set on March 31, 2025

How does YMM quarterly gross margin rank versus sector peers?

YMM quarterly gross margin is higher than 82.19% of companies in Technology sector

When is YMM next earnings release?

The next earnings release for YMM is on November 16, 2026

YMM Gross Margin History & Chart Since 2019

Annual Gross Margin

63.60%8.98%+16.44%

December 31, 2025

Summary

Current Value: As of today, YMM annual gross margin is 63.60%, up +16.44% on December 31, 2025
Historical Performance: YMM annual gross margin is up +33.03% over the past 3 years, up +29.77% over the past 5 years
All-Time High Comparison: YMM annual gross margin is currently at its all-time high
3-Year Low Comparison: YMM annual gross margin is +33.03% above its 3-year low of 47.81% reached on an earlier date
Sector Comparison: YMM annual gross margin is higher than 76.12% of companies in Technology sector

Gross Margin Chart

beforeafter

Performance

YMM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	63.60%	+16.4%	+33.0%	+29.8%	+45.2%
Quarterly Gross Margin	Jun 30, 26	72.62%	+17.6%	+37.8%	+65.2%	+52.0%
Price	Sep 4, 26	$8.65	-34.0%	+20.5%	-52.8%	–
PE Ratio	Sep 4, 26	15.18	-36.0%	-54.6%	–	–
Annual Revenue	Dec 31, 25	$1.74B	+11.3%	+73.8%	+364.7%	+385.5%
Annual Gross Profit	Dec 31, 25	$1.10B	+29.6%	+131.1%	+503.0%	+604.9%
Annual Operating Margin	Dec 31, 25	32.78%	+50.3%	+1154.0%	+123.3%	+178.4%
Annual Net Margin	Dec 31, 25	35.70%	+28.5%	+490.1%	+126.5%	+157.3%

Gross Margin Highs

YMM Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	63.60%	Dec 31, 25	at high
5Y	63.60%	Dec 31, 25	at high
All	63.60%	Dec 31, 25	at high

Gross Margin Lows

YMM Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	47.81%	N/A	+33.0%
5Y	45.46%	Dec 31, 21	+39.9%
All	43.80%	Dec 31, 19	+45.2%

Gross Margin History

Year	Value	Change
2025	63.60%	+16.4%
2024	54.62%	+6.7%
2023	51.17%	+7.0%
2022	47.81%	+5.2%

Year	Value	Change
2021	45.46%	-7.2%
2020	49.01%	+11.9%
2019	43.80%	-

FAQ

What is the current annual gross margin of YMM?: As of today, YMM annual gross margin is 63.60%
What is 1-year change in YMM annual gross margin?: YMM annual gross margin is up +16.44% year-over-year
What is 3-year change in YMM annual gross margin?: YMM annual gross margin is up +33.03% over the past 3 years
How far is YMM annual gross margin from its all-time high?: YMM annual gross margin is currently at its all-time high
How does YMM annual gross margin rank versus sector peers?: YMM annual gross margin is higher than 76.12% of companies in Technology sector
When is YMM next annual earnings release?: As of today, the next annual earnings release for YMM has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

72.62%0.06%-0.08%

June 30, 2026

Summary

Current Value: As of today, YMM quarterly gross margin is 72.62%, down -0.08% on June 30, 2026
Historical Performance: YMM quarterly gross margin is up +17.57% year-over-year, up +37.80% over the past 3 years
All-Time High Comparison: YMM quarterly gross margin is currently -2.04% below its historical high of 74.13% set on March 31, 2025
3-Year Low Comparison: YMM quarterly gross margin is +46.56% above its 3-year low of 49.55% reached on September 30, 2023
Sector Comparison: YMM quarterly gross margin is higher than 82.19% of companies in Technology sector

Performance

YMM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	72.62%	-0.1%	+17.6%	+37.8%	+65.2%
Annual Gross Margin	Dec 31, 25	63.60%	–	+16.4%	+33.0%	+29.8%
Price	Sep 4, 26	$8.65	-2.5%	-34.0%	+20.5%	-52.8%
PE Ratio	Sep 4, 26	15.18	-6.3%	-36.0%	-54.6%	–
Quarterly Revenue	Jun 30, 26	$496.78M	+20.8%	+10.9%	+69.1%	+186.7%
Quarterly Gross Profit	Jun 30, 26	$360.76M	+20.7%	+30.4%	+133.0%	+373.6%
Quarterly Operating Margin	Jun 30, 26	43.87%	+26.2%	+25.6%	+175.4%	+124.0%
Quarterly Net Margin	Jun 30, 26	39.78%	+14.0%	+1.9%	+34.7%	+122.7%

Quarterly Gross Margin Highs

YMM Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	72.68%	Mar 31, 26	-0.1%
3Y	74.13%	Mar 31, 25	-2.0%
5Y	74.13%	Mar 31, 25	-2.0%
All	74.13%	Mar 31, 25	-2.0%

Quarterly Gross Margin Lows

YMM Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	52.20%	Sep 30, 25	+39.1%
3Y	49.55%	Sep 30, 23	+46.6%
5Y	32.18%	Sep 30, 21	+125.7%
All	32.09%	Jun 1, 20	+126.3%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	72.62%	-0.1%
Mar 2026	72.68%	+9.7%
Dec 2025	66.28%	+27.0%
Sep 2025	52.20%	-15.5%
Jun 2025	61.77%	-16.7%
Mar 2025	74.13%	+32.0%
Dec 2024	56.16%	+2.2%
Sep 2024	54.97%	+4.6%
Jun 2024	52.53%	-3.7%
Mar 2024	54.52%	+4.5%
Dec 2023	52.15%	+5.2%
Sep 2023	49.55%	-6.0%
Jun 2023	52.70%	+5.2%
Mar 2023	50.10%	-0.8%
Dec 2022	50.49%	+6.7%

Month	Value	Change
Sep 2022	47.31%	+6.2%
Jun 2022	44.56%	-8.5%
Mar 2022	48.68%	-9.8%
Dec 2021	53.95%	+67.7%
Sep 2021	32.18%	-26.8%
Jun 2021	43.96%	-16.1%
Mar 2021	52.40%	-1.4%
Dec 2020	53.15%	+1.4%
Sep 2020	52.42%	+63.4%
Jun 2020	32.09%	-43.5%
Mar 2020	56.75%	+29.0%
Dec 2019	43.99%	+19.5%
Sep 2019	36.82%	-22.2%
Jun 2019	47.33%	-0.9%
Mar 2019	47.77%	-

FAQ

What is the current quarterly gross margin of YMM?: As of today, YMM quarterly gross margin is 72.62%
What is YMM quarterly gross margin most recent change?: YMM quarterly gross margin was down -0.08% on June 30, 2026
What is 1-year change in YMM quarterly gross margin?: YMM quarterly gross margin is up +17.57% year-over-year
How far is YMM quarterly gross margin from its all-time high?: YMM quarterly gross margin is currently -2.04% below its historical high of 74.13% set on March 31, 2025
How does YMM quarterly gross margin rank versus sector peers?: YMM quarterly gross margin is higher than 82.19% of companies in Technology sector
When is YMM next earnings release?: The next earnings release for YMM is on November 16, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

YMM Official Website www.fulltruckalliance.com
YMM Profile on Yahoo Finance finance.yahoo.com/quote/YMM
YMM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ymm