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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Yatsen Holding (YSG) Gross Margin (2019 - 2025)

Yatsen Holding has reported Gross Margin over the past 7 years, most recently at 77.66% for Q4 2025.

  • For Q4 2025, Gross Margin fell 9.0% year-over-year to 77.66%; the TTM value through Dec 2025 reached 78.2%, up 108.0%, while the annual FY2025 figure was 78.2%, 108.0% up from the prior year.
  • Gross Margin for Q4 2025 was 77.66% at Yatsen Holding, down from 78.17% in the prior quarter.
  • Over five years, Gross Margin peaked at 79.08% in Q1 2025 and troughed at 62.86% in Q2 2022.
  • A 5-year average of 72.72% and a median of 73.98% in 2023 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: tumbled -286bps in 2022 and later skyrocketed 1187bps in 2023.
  • Year by year, Gross Margin stood at 64.99% in 2021, then grew by 9bps to 71.07% in 2022, then rose by 4bps to 73.66% in 2023, then increased by 6bps to 77.75% in 2024, then fell by 0bps to 77.66% in 2025.
  • Business Quant data shows Gross Margin for YSG at 77.66% in Q4 2025, 78.17% in Q3 2025, and 78.25% in Q2 2025.