Yatsen Holding (YSG) Cost of Revenue (2019 - 2026)

Yatsen Holding has reported Cost of Revenue for 8 years, with the latest figure at $44.0 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 33.29% year-over-year to $44.0 million in Q2 2026; TTM through Jun 2026 was $147.9 million, a 28.29% increase from a year earlier, with the FY2025 full-year figure at $134.0 million, up 25.97% from the prior year.
• Cost of Revenue was $44.0 million for Q2 2026 at Yatsen Holding, up from $29.3 million in the prior quarter.
• The five-year high for Cost of Revenue was $52.8 million in Q2 2022, with the low at $23.3 million in Q3 2024.
• Average Cost of Revenue over 5 years is $34.2 million, with a median of $31.8 million recorded in 2025.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue tumbled 49.75% in 2022, then jumped 33.29% in 2026.
• Over 5 years, Cost of Revenue stood at $42.2 million in 2022, then dropped by 5.64% to $39.8 million in 2023, then dropped by 12.03% to $35.0 million in 2024, then grew by 25.85% to $44.1 million in 2025, then dropped by 0.19% to $44.0 million in 2026.
• The last three Cost of Revenue figures came in at $44.0 million (Q2 2026), $29.3 million (Q1 2026), and $44.1 million (Q4 2025), per Business Quant data.