NYSE · YSG
Yatsen Holding Limited financials
$2.55+0.79%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $614.3M | $464.9M | $482.4M | $537.3M | $918.8M | $802.0M |
| Gross profit | $480.4M | $358.6M | $355.1M | $365.1M | $613.4M | $515.6M |
| Gross margin | 78.2% | 77.1% | 73.6% | 68.0% | 66.8% | 64.3% |
| Operating income | -$26.6M | -$113.0M | -$129.0M | -$134.7M | -$255.5M | -$411.1M |
| Net income | -$11.6M | -$97.0M | -$105.6M | -$118.2M | -$242.4M | -$610.6M |
| Net margin | −1.9% | −20.9% | −21.9% | −22.0% | −26.4% | −76.1% |
| Diluted EPS | $0.00 | $-0.05 | $-0.05 | $-0.05 | $-0.10 | $-3.65 |
| EBITDA | -$14.2M | -$37.2M | -$62.8M | -$109.9M | -$227.0M | -$370.7M |
| Operating cash flow | -$13.5M | -$33.4M | -$15.2M | $19.7M | -$160.6M | -$150.7M |
| Free cash flow | -$19.5M | -$40.6M | -$21.3M | $12.4M | -$182.8M | -$185.3M |
| Diluted shares | 1,862.6M | 2,025.1M | 2,195.8M | 2,372.7M | 2,526.8M | 166.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $109.4M | $112.0M | $118.2M | $219.3M | $492.4M | $877.7M |
| Short-term investments | $35.2M | $73.9M | $172.1M | $155.5M | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $549.9M | $544.0M | $707.2M | $849.9M | $1.14B | $1.27B |
| Total liabilities | $121.0M | $118.9M | $116.0M | $116.0M | $198.4M | $221.3M |
| Shareholders' equity | $428.7M | $418.1M | $583.9M | $684.6M | $942.7M | $1.05B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology