Full Truck Alliance Co. Ltd. R&D Expense

Quick Answer

Full Truck Alliance Co. Ltd. reported R&D Expense of $120.56 million for fiscal year 2024.

Full Truck Alliance Co. Ltd. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $120.56M -87.3%
2023 $946.63M +3.6%
2022 $914.15M +25.3%
2021 $729.67M +76.5%
2020 $413.37M +4.2%
2019 $396.69M
  • Full Truck Alliance Co. Ltd. showed a decrease of -87.3% in R&D Expense compared to the prior fiscal year.
  • Over the 2019–2024 period, Full Truck Alliance Co. Ltd.’s r&d expense has declined by 69.6% (from $396.69 million to $120.56 million).
  • The most recent figure is from Full Truck Alliance Co. Ltd.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 14, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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