Yatsen Holding Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $614.6M | $464.9M | $481.0M | $537.3M | $916.4M | $802.0M |
| Cost of Revenue | $134.0M | $106.3M | $127.0M | $172.2M | $304.6M | $286.5M |
| Gross Profit | $480.7M | $358.6M | $354.0M | $365.2M | $611.8M | $515.6M |
| Gross Margin | 78.2% | 77.1% | 73.6% | 68.0% | 66.8% | 64.3% |
| Operating Expenses | ||||||
| Research & Development | $19.6M | $15.0M | $15.7M | $18.4M | $22.3M | $10.2M |
| SG&A Expense | $43.4M | $60.9M | $70.6M | $104.4M | $147.7M | $328.4M |
| Operating Income | $-26.6M | $-113.0M | $-128.6M | $-134.7M | $-254.9M | $-411.1M |
| Operating Margin | -4.3% | -24.3% | -26.7% | -25.1% | -27.8% | -51.3% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-13.2M | $-97.7M | $-106.1M | $-118.7M | $-242.9M | $-410.9M |
| Income Tax Expense | $-15.0K | $-423.0K | $-452.0K | $392.0K | $-145.0K | $1.1M |
| Net Income | $-11.6M | $-97.0M | $-747.8M | $-118.2M | $-241.8M | $-411.9M |
| Net Margin | -1.9% | -20.9% | -155.5% | -22.0% | -26.4% | -51.4% |
| EPS (Basic) | $-0.01 | $-0.05 | $-0.05 | $-0.05 | $-0.10 | $-0.24 |
| EPS (Diluted) | $-0.01 | $-0.05 | $-0.05 | $-0.05 | $-0.10 | $-0.24 |
| Shares Outstanding (Basic) | 1.86B | 2.03B | 2.20B | 2.37B | 2.53B | 2.50B |
| Shares Outstanding (Diluted) | 1.86B | 2.03B | 2.20B | 2.37B | 2.53B | 2.50B |
| Dividends Per Share | — | — | — | — | — | — |