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NYSE · Consumer discretionary

Yatsen Holding Ltd (YSG)

Yatsen Holding Ltd reported revenue of $614.6M in fiscal 2025, up 32.2% from a year earlier. It posted a net loss of $11.6M. In fiscal 2025 capital spending exceeded operating cash flow by $19.6M. At December 31, 2025 it held $109.4M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 29, 2026.

Revenue (FY2025)
$614.6M
+32.2% year on year
Net margin
-1.9%

What Yatsen Holding Ltd does

Yatsen Holding Ltd is registered with the SEC under industry code SIC 2844 (Perfumes, Cosmetics & Other Toilet Preparations). Its shares trade on NYSE under the ticker YSG.

Revenue and profit by year

Revenue
FY20: $802M $802M FY20FY21: $916.4M $916.4M FY21FY22: $537.3M $537.3M FY22FY23: $481M $481M FY23FY24: $464.9M $464.9M FY24FY25: $614.6M $614.6M FY25
Net income
FY20: -$411.9M -$411.9M FY20FY21: -$241.8M -$241.8M FY21FY22: -$118.2M -$118.2M FY22FY23: -$747.8M -$747.8M FY23FY24: -$97M -$97M FY24FY25: -$11.6M -$11.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$614.6M-$26.6M-$11.6M-$0.01-$19.6M
2024$464.9M-$113M-$97M-$0.05-$40.6M
2023$481M-$128.6M-$747.8M-$0.05-$21.3M
2022$537.3M-$134.7M-$118.2M-$0.05$12.4M
2021$916.4M-$254.9M-$241.8M-$0.10-$182.3M
2020$802M-$411.1M-$411.9M-$0.73-$185.3M

Latest SEC filings

What Yatsen Holding Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 2, 2026
  2. May 26, 2026
  3. May 21, 2026
  4. April 29, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  5. March 11, 2026
  6. March 2, 2026
  7. March 2, 2026
  8. February 12, 2026
  9. November 17, 2025
  10. November 14, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 15, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about YSG

What does Yatsen Holding Ltd do?

Yatsen Holding Ltd is registered with the SEC under industry code SIC 2844 (Perfumes, Cosmetics & Other Toilet Preparations). Its shares trade on NYSE under the ticker YSG.

Is Yatsen Holding Ltd profitable?

No. In fiscal 2025 it reported a net loss of $11.6M on revenue of $614.6M.

How much revenue does Yatsen Holding Ltd make?

In fiscal 2025 Yatsen Holding Ltd reported revenue of $614.6M. That is 32.2% more than a year earlier.

When did Yatsen Holding Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 29, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the new insider holdings from September 15, 2026.

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Where the numbers come from

Financial figures are the values Yatsen Holding Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.