Financials in USD. Standardized financial statements.
A compact view of how Yatsen Holding Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.18B | $3.44B | $3.41B | $3.77B | $5.76B | $4.95B | $3.02B | $660.10M |
| Revenue Growth? | +21.5% | +0.8% | -9.5% | -34.6% | +16.5% | +63.7% | +358.0% | 0.0% |
| Cost of Revenue? | $869.69M | $787.24M | $901.33M | $1.21B | $1.92B | $1.77B | $1.10B | $241.13M |
| Gross Profit? | $3.31B | $2.65B | $2.51B | $2.56B | $3.85B | $3.18B | $1.92B | $418.97M |
| Gross Margin? | +79.2% | +77.1% | +73.6% | +68.0% | +66.8% | +64.3% | +63.6% | +63.5% |
| Operating Expenses? | $3.49B | $3.08B | $3.07B | $3.51B | $5.45B | $5.72B | $1.78B | $453.59M |
| Operating Income? | -$180.73M | -$427.79M | -$559.24M | -$945.21M | -$1.60B | -$2.54B | $143.37M | -$34.61M |
| EBITDA? | -$180.73M | -$501.64M | -$560.08M | -$500.55M | -$1.11B | -$2.29B | $214.42M | -$33.02M |
| Income Before Tax | -$90.00M | -$723.41M | -$753.34M | -$833.01M | -$1.53B | -$2.54B | $146.94M | -$37.52M |
| Income Tax Expense | -$105,056 | -$3.13M | -$3.21M | $2.75M | -$909,070 | $6.59M | $71.78M | $4.17M |
| Net Income? | -$78.66M | -$718.21M | -$744.69M | -$829.69M | -$1.52B | -$2.54B | $75.16M | -$41.69M |
| EPS? | $-0.84 | $-7.00 | $-6.80 | $-7.40 | $-12.20 | $-4.60 | $-0.05 | $-0.05 |
| Diluted EPS? | $-0.84 | $-7.00 | $-6.80 | $-7.40 | $-12.20 | $-4.60 | $-0.05 | $-0.05 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality