SFWLNasdaqTrucking & Courier Services (No Air)Fiscal year ends December 31
SHENGFENG DEVELOPMENT Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 27, 2026
$7.39−0.76 (-9.30%)
Close on Oct 19, 2026
- Market cap
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- P/E (TTM)
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- Dividend yield
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SHENGFENG DEVELOPMENT Ltd revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|
| Transportation [Member] | $554.76M | $484.75M | $383.21M | $346.04M | $327.85M | 96.9% | +14.4% |
| Transportation Services [Member] | $554.76M | $484.75M | $383.21M | – | – | 96.9% | +14.4% |
| Warehouse storage management services and others revenues [Member] | $17.72M | $19.40M | $20.91M | – | – | 3.1% | -8.7% |
| Warehouse storage management service | $14.26M | $16.43M | $18.16M | $20.32M | $16.89M | 2.5% | -13.2% |
| Others | $3.46M | $2.97M | $2.75M | $3.96M | $1.97M | 0.6% | +16.4% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|
| Fujian [Member] | $435.00M | $362.62M | $267.39M | $218.52M | $197.65M | 76.0% | +20.0% |
| Others | $63.94M | $69.07M | $69.22M | $67.06M | $73.30M | 11.2% | -7.4% |
| Beijing [Member] | $27.71M | $30.72M | $29.11M | $36.96M | $36.37M | 4.8% | -9.8% |
| Liaoning [Member] | $19.15M | $9.11M | $8.82M | – | – | 3.3% | +110.3% |
| Zhejiang [Member] | $15.07M | $18.30M | $15.45M | $15.78M | $11.47M | 2.6% | -17.6% |
| Guangdong [Member] | $11.62M | $14.34M | $14.13M | $17.85M | $22.45M | 2.0% | -19.0% |
| Hubei [Member] | – | – | $12.40M | $9.28M | $5.47M | – | – |
| Shangdong [Member] | – | $10.50M | $11.19M | $14.16M | – | – | – |
From the segment and revenue-disaggregation notes of Shengfeng Development's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.