Digital freight platform reports RMB 2.85 billion net revenue and 3.11 million shipper monthly active users for the quarter.
Full Truck Alliance (NYSE:YMM) reported a 5.5% year-over-year increase in total net revenue to RMB 2.85 billion for Q1 2026. The company cited stronger order activity and improved platform governance as key drivers of growth.
Shipper monthly active users rose 12.7% to 3.11 million, while fulfilled orders climbed 14.3%. Excluding freight brokerage services, net revenue reached RMB 2.02 billion, up 17% from the prior year. Transaction service revenue hit RMB 1.39 billion.
Management highlighted AI tools, an expanded fueling network with Sinopec, and a more asset-light brokerage model as growth initiatives amid a complex market environment.