Yatsen Holding Limited YSG

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $614.62M, +32.2% YoY · Filed Apr 29, 2026

Yatsen Holding Limited (YSG) files with the SEC under industry code 2844, Perfumes, Cosmetics & Other Toilet Preparations. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $614.6 million and a net loss of $11.6 million. Free cash flow was -$19.6 million. As of Dec 31, 2025 it held $238.1 million in cash and investments and $25.3 million in total debt.

Revenue
$614.62M
+32.2% vs prior year
Net income
$-11.56M
+88.1% vs prior year
Operating cash flow
$-13.54M
+59.4% vs prior year
Free cash flow
$-19.55M
+51.9% vs prior year
EPS
$-0.01
+80.0% vs prior year
Dividend per share
None
Shares outstanding
—
Net cash
$212.83M
FY 2025
Operating margin
-4.3%
FY 2025

Company profile

Industry
Perfumes, Cosmetics & Other Toilet Preparations (SIC 2844)
Listed as
YSG (NYSE)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Guangzhou
SEC filer status
Accelerated filer
SEC CIK
1819580

Other Perfumes, Cosmetics & Other Toilet Preparations companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$614.6M
$464.9M
$481.0M
$537.3M
$916.4M
Operating income
-$26.6M
-$113.0M
-$128.6M
-$134.7M
-$254.9M
Net income
-$11.6M
-$97.0M
-$747.8M
-$118.2M
-$241.8M
Diluted EPS
-$0.01
-$0.05
-$0.05
-$0.05
-$0.10
Operating cash flow
-$13.5M
-$33.4M
-$15.1M
$19.7M
-$160.1M
Free cash flow
-$19.6M
-$40.6M
-$21.3M
$12.4M
-$182.3M
Total assets
$550.1M
$544.0M
$705.1M
$850.0M
$1.1B
Total liabilities
$121.0M
$118.9M
$115.7M
$116.0M
$198.4M
Stockholders' equity
$430.5M
$418.6M
$582.4M
$684.3M
$888.1M
Cash and investments
$238.1M
$276.9M
$376.6M
$447.8M
$547.4M
Total debt
$25.3M
$20.4M
$15.9M
$19.2M
$66.1M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Sep 2, 2026 Sep 2, 2026
6-K Current report (foreign issuer) May 26, 2026 May 26, 2026
6-K Current report (foreign issuer) May 21, 2026 May 21, 2026
20-F Annual report (foreign issuer) Apr 29, 2026 Dec 31, 2025
6-K Current report (foreign issuer) Mar 11, 2026 Mar 11, 2026
6-K Current report (foreign issuer) Mar 2, 2026 Mar 2, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.