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Full Truck Alliance Co. Ltd. Announces Second Quarter 2026 Unaudited Financial Results GUIYANG , China , August 19 , 2026 - Full Truck Alliance Co. Ltd. ( " FTA " or the " Company " ) ( NYSE : YMM ) , a leading digital freight platform , today announced its unaudited financial results for the second quarter ended June 30 , 2026 . Second Quarter 2026 Financial and Operational Highlights Total net revenues in the second quarter of 2026 were RMB3,381.6 million ( US $ 498.4 million ) , an increase of 4.4 % from RMB3,239.1 million in the same period of 2025 . Net income in the second quarter of 2026 was RMB1,345.1 million ( US $ 198.2 million ) , an increase of 6.3 % from RMB1,264.8 million in the same period of 2025 . Non - GAAP adjusted net income¹ in the second quarter of 2026 was RMB1,433.8 million ( US $ 211.3 million ) , an increase of 6.0 % from RMB1,352.1 million in the same period of 2025 . Fulfilled orders² in the second quarter of 2026 reached 68.5 million , an increase of 12.7 % from 60.8 million in the same period of 2025 . Average shipper MAUS³ in the second quarter of 2026 reached 3.57 million , an increase of 12.8 % from 3.16 million in the same period of 2025 . Mr. Peter Hui Zhang , Founder , Chairman , and Chief Executive Officer of FTA , commented , " During the second quarter , we remained focused on enhancing user experience and transaction efficiency . By expanding transaction protections for shippers and truckers , we significantly improved user satisfaction on both sides of the platform and further strengthened our nationwide network effects . Higher order density and growing trucker capacity drove the fulfillment rate to a record high while further shortening matching time . Our new initiatives also progressed : Qmove rapidly grew both order volume and fulfillment rates in overseas markets , our less - than - truckload offerings reached nationwide coverage through partnerships with dedicated - line carriers , and autonomous delivery vehicle pilots expanded to multiple cities . Going forward , our expanding network scale will continue to fuel Al innovation and application across the platform , creating long - term value for our users and shareholders . " Mr. Langbo Guo , President of FTA , added , “ Total net revenues reached RMB3.38 billion this quarter , up 4.4 % year over year . Transaction service revenues grew 33.1 % to RMB1.77 billion , accounting for 52.2 % of total net revenues . Net income reached RMB1.35 billion , up 6.3 % year over year , while non - GAAP adjusted net income increased 6.0 % to RMB1.43 billion . Net cash provided by operating activities grew significantly year over year to RMB2.15 billion , and our cash position was RMB33.4 billion . Our liquidity position remains strong to support scaling new business initiatives and advancing our long - term strategy , while we continue to return value to shareholders through quarterly cash dividends . " 1 Non - GAAP adjusted net income is defined as net income excluding ( i ) share - based compensation expense ; ( ii ) amortization of intangible assets resulting from business acquisitions ; and ( iii ) tax effects of non - GAAP adjustments . See “ Use of Non- GAAP Financial Measures " and " Reconciliations of GAAP and Non - GAAP Results " at the end of this press release . 2 Fulfilled orders on our platform in a given period are defined as all shipping orders matched through our platform during such period but exclude ( i ) shipping orders that are subsequently canceled and ( ii ) shipping orders for which our users failed to specify any freight prices , as there are substantial uncertainties as to whether such shipping orders are fulfilled . 3 Average shipper MAUS in a given period are calculated by dividing ( i ) the sum of shipper MAUS for each month of a given period by ( ii ) the number of months in a given period . Shipper MAUS are defined as the number of active shippers on our