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Side-by-side financial comparison of OLAPLEX HOLDINGS, INC. (OLPX) and Yatsen Holding Ltd (YSG). Click either name above to swap in a different company.

Yatsen Holding Ltd is the larger business by last-quarter revenue ($164.2M vs $105.1M, roughly 1.6× OLAPLEX HOLDINGS, INC.). Yatsen Holding Ltd runs the higher net margin — -0.5% vs -12.5%, a 12.0% gap on every dollar of revenue. Over the past eight quarters, Yatsen Holding Ltd's revenue compounded faster (24.5% CAGR vs 3.1%).

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

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.

OLPX vs YSG — Head-to-Head

Bigger by revenue
YSG
YSG
1.6× larger
YSG
$164.2M
$105.1M
OLPX
Higher net margin
YSG
YSG
12.0% more per $
YSG
-0.5%
-12.5%
OLPX
Faster 2-yr revenue CAGR
YSG
YSG
Annualised
YSG
24.5%
3.1%
OLPX

Income Statement — Q4 2025 vs Q4 2025

Metric
OLPX
OLPX
YSG
YSG
Revenue
$105.1M
$164.2M
Net Profit
$-13.1M
$-776.5K
Gross Margin
68.0%
77.8%
Operating Margin
-4.3%
-34.0%
Net Margin
-12.5%
-0.5%
Revenue YoY
4.3%
Net Profit YoY
-48.9%
EPS (diluted)
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OLPX
OLPX
YSG
YSG
Q4 25
$105.1M
$164.2M
Q3 25
$114.6M
$95.1M
Q2 25
$106.3M
$110.9M
Q1 25
$97.0M
$106.6M
Q4 24
$100.7M
$147.0M
Q3 24
$119.1M
$102.3M
Q2 24
$103.9M
$118.1M
Q1 24
$98.9M
$106.0M
Net Profit
OLPX
OLPX
YSG
YSG
Q4 25
$-13.1M
$-776.5K
Q3 25
$11.1M
$-17.0M
Q2 25
$-7.7M
$-11.9M
Q1 25
$465.0K
$-17.2M
Q4 24
$-8.8M
$-67.7M
Q3 24
$14.8M
$-28.2M
Q2 24
$5.8M
$-14.9M
Q1 24
$7.7M
$7.0M
Gross Margin
OLPX
OLPX
YSG
YSG
Q4 25
68.0%
77.8%
Q3 25
69.1%
75.9%
Q2 25
71.2%
76.7%
Q1 25
69.5%
77.7%
Q4 24
66.3%
73.7%
Q3 24
68.6%
71.4%
Q2 24
69.7%
74.7%
Q1 24
72.1%
74.3%
Operating Margin
OLPX
OLPX
YSG
YSG
Q4 25
-4.3%
-34.0%
Q3 25
3.7%
-20.9%
Q2 25
-1.1%
-17.0%
Q1 25
8.7%
-20.4%
Q4 24
3.0%
-50.3%
Q3 24
23.5%
-32.2%
Q2 24
15.7%
-15.7%
Q1 24
19.8%
-0.9%
Net Margin
OLPX
OLPX
YSG
YSG
Q4 25
-12.5%
-0.5%
Q3 25
9.7%
-17.9%
Q2 25
-7.3%
-10.8%
Q1 25
0.5%
-16.1%
Q4 24
-8.7%
-46.1%
Q3 24
12.4%
-27.6%
Q2 24
5.6%
-12.6%
Q1 24
7.8%
6.6%
EPS (diluted)
OLPX
OLPX
YSG
YSG
Q4 25
$-0.02
Q3 25
$0.02
Q2 25
$-0.01
Q1 25
$0.00
Q4 24
$-0.01
Q3 24
$0.02
Q2 24
$0.01
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OLPX
OLPX
YSG
YSG
Cash + ST InvestmentsLiquidity on hand
$318.7M
$109.4M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$879.4M
$428.9M
Total Assets
$1.5B
$550.1M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLPX
OLPX
YSG
YSG
Q4 25
$318.7M
$109.4M
Q3 25
$286.4M
$97.0M
Q2 25
$289.3M
$133.1M
Q1 25
$580.9M
$92.3M
Q4 24
$586.0M
$112.0M
Q3 24
$538.8M
$71.7M
Q2 24
$507.9M
$109.6M
Q1 24
$507.5M
$179.9M
Total Debt
OLPX
OLPX
YSG
YSG
Q4 25
$352.3M
Q3 25
$352.1M
Q2 25
$351.9M
Q1 25
$649.1M
Q4 24
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Q1 24
$654.4M
Stockholders' Equity
OLPX
OLPX
YSG
YSG
Q4 25
$879.4M
$428.9M
Q3 25
$888.7M
$423.1M
Q2 25
$874.2M
$431.5M
Q1 25
$878.3M
$422.2M
Q4 24
$874.4M
$418.1M
Q3 24
$879.7M
$516.0M
Q2 24
$863.3M
$519.4M
Q1 24
$855.7M
$551.6M
Total Assets
OLPX
OLPX
YSG
YSG
Q4 25
$1.5B
$550.1M
Q3 25
$1.5B
$564.8M
Q2 25
$1.5B
$564.4M
Q1 25
$1.8B
$534.3M
Q4 24
$1.8B
$544.0M
Q3 24
$1.8B
$635.6M
Q2 24
$1.8B
$635.8M
Q1 24
$1.8B
$662.1M
Debt / Equity
OLPX
OLPX
YSG
YSG
Q4 25
0.40×
Q3 25
0.40×
Q2 25
0.40×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.76×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OLPX
OLPX
YSG
YSG
Operating Cash FlowLast quarter
$32.7M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLPX
OLPX
YSG
YSG
Q4 25
$32.7M
Q3 25
$8.0M
Q2 25
$20.9M
Q1 25
$-2.9M
Q4 24
$49.7M
Q3 24
$33.5M
Q2 24
$16.2M
Q1 24
$43.7M
Free Cash Flow
OLPX
OLPX
YSG
YSG
Q4 25
$32.6M
Q3 25
$7.9M
Q2 25
$20.8M
Q1 25
$-3.0M
Q4 24
$49.2M
Q3 24
$33.3M
Q2 24
$16.1M
Q1 24
$43.3M
FCF Margin
OLPX
OLPX
YSG
YSG
Q4 25
31.0%
Q3 25
6.9%
Q2 25
19.6%
Q1 25
-3.1%
Q4 24
48.9%
Q3 24
28.0%
Q2 24
15.5%
Q1 24
43.7%
Capex Intensity
OLPX
OLPX
YSG
YSG
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.5%
Cash Conversion
OLPX
OLPX
YSG
YSG
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
-6.27×
Q4 24
Q3 24
2.26×
Q2 24
2.81×
Q1 24
5.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

YSG
YSG

Segment breakdown not available.

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