Yatsen Holding (YSG) Net Margin (2019 - 2026)
Yatsen Holding (YSG) posted Net Margin of 8.71% for Q2 2026, down 58.33% on a QoQ basis from 5.5% in Q1 2026, and down 989.0% year-over-year from 0.98% in Q2 2025.
Analysis
Yatsen Holding (YSG) Net Margin (2019 - 2026) Analysis & Trends
Yatsen Holding has reported Net Margin for 8 years, with the latest figure at 8.71% in Q2 2026.
- On a quarterly basis, Net Margin fell 989.0% year-over-year to 8.71% in Q2 2026; TTM through Jun 2026 was 3.5%, a 459.0% decrease from a year earlier, with the FY2025 full-year figure at 0.43%, up 419.0% from the prior year.
- Net Margin was 8.71% for Q2 2026 at Yatsen Holding, down from 5.5% in the prior quarter.
- The five-year high for Net Margin was 8.81% in Q4 2024, with the low at 22.05% in Q2 2022.
- Average Net Margin over 5 years is 6.71%, with a median of 6.95% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 2559 bps in 2022, then plunged 1208 bps in 2023.
- Over 5 years, Net Margin stood at 3.69% in 2022, then tumbled by 327 bps to 8.39% in 2023, then soared by 205 bps to 8.81% in 2024, then plunged by 62 bps to 3.33% in 2025, then plunged by 361 bps to 8.71% in 2026.
- The last three Net Margin figures came in at 8.71% (Q2 2026), 5.5% (Q1 2026), and 3.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Estee Lauder Companies | 35.87 Bn | 32.37 Bn | 2.74 Bn | -3.20% |
| 2 | e.l.f. Beauty | 6.00 Bn | 5.66 Bn | 398.84 Mn | 13.89% |
| 3 | Interparfums | 3.53 Bn | 3.32 Bn | 223.53 Mn | 10.81% |
| 4 | Coty | 2.33 Bn | 2.16 Bn | 772.70 Mn | -11.37% |
| 5 | Olaplex Holdings | 1.39 Bn | 1.06 Bn | 71.66 Mn | -5.32% |
| 6 | Oddity Tech | 850.93 Mn | 555.22 Mn | 137.97 Mn | -10.79% |
| 7 | Betterware De Mexico, S.A.P.I. De C.V | 573.93 Mn | 543.72 Mn | 156.58 Mn | 9.48% |
| 8 | Yatsen Holding | 260.76 Mn | 106.43 Mn | 124.36 Mn | -8.71% |
| 9 | Nu Skin Enterprises | 230.83 Mn | 39.45 Mn | 218.33 Mn | -78.03% |
| 10 | Pitanium | 207.93 Mn | -2.70 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.71% |
| Mar 31, 2026 | -5.50% |
| Dec 31, 2025 | 3.33% |
| Sep 30, 2025 | -4.74% |
| Jun 30, 2025 | 1.19% |
| Mar 31, 2025 | 0.85% |
| Dec 31, 2024 | 8.81% |
| Sep 30, 2024 | -11.37% |
| Jun 30, 2024 | -8.57% |
| Mar 31, 2024 | -10.83% |
| Dec 31, 2023 | -8.39% |
| Sep 30, 2023 | -17.98% |
| Jun 30, 2023 | -5.35% |
| Mar 31, 2023 | -3.48% |
| Dec 31, 2022 | 3.69% |
| Sep 30, 2022 | -14.20% |
| Jun 30, 2022 | -22.05% |
| Mar 31, 2022 | -17.44% |
| Dec 31, 2021 | -21.90% |
| Sep 30, 2021 | -16.02% |