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

Yatsen Holding Ltd is the larger business by last-quarter revenue ($164.2M vs $111.7M, roughly 1.5× ZIPRECRUITER, INC.). Yatsen Holding Ltd runs the higher net margin — -0.5% vs -0.7%, a 0.3% gap on every dollar of revenue. Over the past eight quarters, Yatsen Holding Ltd's revenue compounded faster (24.5% CAGR vs -4.4%).

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.

YSG vs ZIP — Head-to-Head

Bigger by revenue
YSG
YSG
1.5× larger
YSG
$164.2M
$111.7M
ZIP
Higher net margin
YSG
YSG
0.3% more per $
YSG
-0.5%
-0.7%
ZIP
Faster 2-yr revenue CAGR
YSG
YSG
Annualised
YSG
24.5%
-4.4%
ZIP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
YSG
YSG
ZIP
ZIP
Revenue
$164.2M
$111.7M
Net Profit
$-776.5K
$-835.0K
Gross Margin
77.8%
89.1%
Operating Margin
-34.0%
3.6%
Net Margin
-0.5%
-0.7%
Revenue YoY
0.6%
Net Profit YoY
92.3%
EPS (diluted)
$-0.03

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
YSG
YSG
ZIP
ZIP
Q4 25
$164.2M
$111.7M
Q3 25
$95.1M
$115.0M
Q2 25
$110.9M
$112.2M
Q1 25
$106.6M
$110.1M
Q4 24
$147.0M
$111.0M
Q3 24
$102.3M
$117.1M
Q2 24
$118.1M
$123.7M
Q1 24
$106.0M
$122.2M
Net Profit
YSG
YSG
ZIP
ZIP
Q4 25
$-776.5K
$-835.0K
Q3 25
$-17.0M
$-9.8M
Q2 25
$-11.9M
$-9.5M
Q1 25
$-17.2M
$-12.8M
Q4 24
$-67.7M
$-10.8M
Q3 24
$-28.2M
$-2.6M
Q2 24
$-14.9M
$7.0M
Q1 24
$7.0M
$-6.5M
Gross Margin
YSG
YSG
ZIP
ZIP
Q4 25
77.8%
89.1%
Q3 25
75.9%
89.1%
Q2 25
76.7%
89.3%
Q1 25
77.7%
89.4%
Q4 24
73.7%
89.6%
Q3 24
71.4%
89.4%
Q2 24
74.7%
89.5%
Q1 24
74.3%
89.1%
Operating Margin
YSG
YSG
ZIP
ZIP
Q4 25
-34.0%
3.6%
Q3 25
-20.9%
-4.4%
Q2 25
-17.0%
-5.9%
Q1 25
-20.4%
-10.6%
Q4 24
-50.3%
-3.6%
Q3 24
-32.2%
-2.8%
Q2 24
-15.7%
7.6%
Q1 24
-0.9%
-0.7%
Net Margin
YSG
YSG
ZIP
ZIP
Q4 25
-0.5%
-0.7%
Q3 25
-17.9%
-8.5%
Q2 25
-10.8%
-8.5%
Q1 25
-16.1%
-11.7%
Q4 24
-46.1%
-9.7%
Q3 24
-27.6%
-2.2%
Q2 24
-12.6%
5.7%
Q1 24
6.6%
-5.3%
EPS (diluted)
YSG
YSG
ZIP
ZIP
Q4 25
$-0.03
Q3 25
$-0.11
Q2 25
$-0.10
Q1 25
$-0.13
Q4 24
$-0.10
Q3 24
$-0.03
Q2 24
$0.07
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
YSG
YSG
ZIP
ZIP
Cash + ST InvestmentsLiquidity on hand
$109.4M
$188.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$428.9M
$-77.2M
Total Assets
$550.1M
$569.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
YSG
YSG
ZIP
ZIP
Q4 25
$109.4M
$188.0M
Q3 25
$97.0M
$211.8M
Q2 25
$133.1M
$203.5M
Q1 25
$92.3M
$221.1M
Q4 24
$112.0M
$218.4M
Q3 24
$71.7M
$225.6M
Q2 24
$109.6M
$271.7M
Q1 24
$179.9M
$282.5M
Stockholders' Equity
YSG
YSG
ZIP
ZIP
Q4 25
$428.9M
$-77.2M
Q3 25
$423.1M
$-76.1M
Q2 25
$431.5M
$-65.9M
Q1 25
$422.2M
$-11.3M
Q4 24
$418.1M
$13.4M
Q3 24
$516.0M
$13.6M
Q2 24
$519.4M
$24.4M
Q1 24
$551.6M
$12.7M
Total Assets
YSG
YSG
ZIP
ZIP
Q4 25
$550.1M
$569.7M
Q3 25
$564.8M
$573.6M
Q2 25
$564.4M
$592.4M
Q1 25
$534.3M
$629.4M
Q4 24
$544.0M
$664.1M
Q3 24
$635.6M
$652.0M
Q2 24
$635.8M
$665.3M
Q1 24
$662.1M
$662.4M

Cash Flow & Capital Efficiency

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

Metric
YSG
YSG
ZIP
ZIP
Operating Cash FlowLast quarter
$7.7M
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
YSG
YSG
ZIP
ZIP
Q4 25
$7.7M
Q3 25
$2.6M
Q2 25
$10.5M
Q1 25
$-9.9M
Q4 24
$12.5M
Q3 24
$9.3M
Q2 24
$21.9M
Q1 24
$2.0M
Free Cash Flow
YSG
YSG
ZIP
ZIP
Q4 25
$7.6M
Q3 25
$2.2M
Q2 25
$10.2M
Q1 25
$-10.2M
Q4 24
$12.0M
Q3 24
$9.2M
Q2 24
$21.7M
Q1 24
$1.9M
FCF Margin
YSG
YSG
ZIP
ZIP
Q4 25
6.8%
Q3 25
1.9%
Q2 25
9.1%
Q1 25
-9.3%
Q4 24
10.8%
Q3 24
7.8%
Q2 24
17.6%
Q1 24
1.6%
Capex Intensity
YSG
YSG
ZIP
ZIP
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.3%
Q4 24
0.4%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
YSG
YSG
ZIP
ZIP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.12×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

YSG
YSG

Segment breakdown not available.

ZIP
ZIP

License$84.3M75%
Services$27.4M25%

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