Yatsen Holding LtdYSGEarnings & Financial Report
Yatsen Holding Ltd is a leading China-based beauty and personal care group. It develops and sells cosmetics, skincare products and fragrances under brands including Perfect Diary, Little Ondine and Abby's Choice, with core markets in mainland China, Southeast Asia, targeting Gen Z and young adult consumers.
Revenue
$147.0M
Gross Profit
$108.2M
Operating Profit
$-73.9M
Net Profit
$-67.7M
Gross Margin
73.7%
Operating Margin
-50.3%
Net Margin
-46.1%
YoY Growth
N/A
Yatsen Holding Ltd Q4 FY2024 Financial Summary
Yatsen Holding Ltd reported revenue of $147.0M for Q4 FY2024, with a net profit of $-67.7M (-46.1% margin). Cost of goods sold was $38.7M, operating expenses totaled $182.2M.
Key Financial Metrics
| Total Revenue | $147.0M |
|---|---|
| Net Profit | $-67.7M |
| Gross Margin | 73.7% |
| Operating Margin | -50.3% |
| Report Period | Q4 FY2024 |
Yatsen Holding Ltd Annual Revenue by Year
Yatsen Holding Ltd annual revenue history includes year-by-year totals (for example, 2025 revenue was $476.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $476.8M |
| 2024 | $473.4M |
Yatsen Holding Ltd Quarterly Revenue & Net Profit History
Yatsen Holding Ltd results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $164.2M | — | $-776.5K | -0.5% |
| Q3 FY2025 | $95.1M | — | $-17.0M | -17.9% |
| Q2 FY2025 | $110.9M | — | $-11.9M | -10.8% |
| Q1 FY2025 | $106.6M | — | $-17.2M | -16.1% |
| Q4 FY2024 | $147.0M | — | $-67.7M | -46.1% |
| Q3 FY2024 | $102.3M | — | $-28.2M | -27.6% |
| Q2 FY2024 | $118.1M | — | $-14.9M | -12.6% |
| Q1 FY2024 | $106.0M | — | $7.0M | 6.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $106.0M | $118.1M | $102.3M | $147.0M | $106.6M | $110.9M | $95.1M | $164.2M |
| YoY Growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $662.1M | $635.8M | $635.6M | $544.0M | $534.3M | $564.4M | $564.8M | $550.1M |
| Liabilities | $103.4M | $109.6M | $112.5M | $118.9M | $105.1M | $126.2M | $141.5M | $121.0M |
| Equity | $551.6M | $519.4M | $516.0M | $418.1M | $422.2M | $431.5M | $423.1M | $428.9M |