Yatsen Holding Limited
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2020 | 64.3% | -51.3% | -51.4% |
| FY2021 | 66.8% | -27.8% | -26.4% |
| FY2022 | 68.0% | -25.1% | -22.0% |
| FY2023 | 73.6% | -26.7% | -155.5% |
| FY2024 | 77.1% | -24.3% | -20.9% |
| FY2025 | 78.2% | -4.3% | -1.9% |