Yatsen Holding YSG
NYSE YSG
$2.72 +0.06 (+2.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

Yatsen Holding (YSG) Operating Expenses (2019 - 2026)

Yatsen Holding (YSG) posted Operating Expenses of -$143.8 million for Q2 2026, down 8.04% on a QoQ basis from -$133.1 million in Q1 2026, and down 13.72% year-over-year from -$166.7 million in Q2 2025.

Analysis

Yatsen Holding (YSG) Operating Expenses (2019 - 2026) Analysis & Trends

Yatsen Holding has reported Operating Expenses for 8 years, with the latest figure at -$143.8 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 13.72% year-over-year to -$143.8 million in Q2 2026; TTM through Jun 2026 was -$553.3 million, a 12.64% decrease from a year earlier, with the FY2025 full-year figure at -$507.2 million, down 7.56% from the prior year.
  • Operating Expenses was -$143.8 million for Q2 2026 at Yatsen Holding, down from -$133.1 million in the prior quarter.
  • The five-year high for Operating Expenses was -$83.9 million in Q1 2023, with the low at -$187.3 million in Q4 2023.
  • Average Operating Expenses over 5 years is -$124.7 million, with a median of -$120.9 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 50.99% in 2022, then slumped 62.93% in 2023.
  • Over 5 years, Operating Expenses stood at -$115.0 million in 2022, then plunged by 62.93% to -$187.3 million in 2023, then increased by 6.11% to -$175.9 million in 2024, then gained by 11.85% to -$155.0 million in 2025, then advanced by 7.23% to -$143.8 million in 2026.
  • The last three Operating Expenses figures came in at -$143.8 million (Q2 2026), -$133.1 million (Q1 2026), and -$155.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Estee Lauder Companies 37.62 Bn 34.12 Bn 2.74 Bn 2.78 Bn
2 e.l.f. Beauty 6.47 Bn 6.12 Bn 398.84 Mn 280.32 Mn
3 Interparfums 3.74 Bn 3.75 Bn 223.53 Mn 174.58 Mn
4 Coty 2.58 Bn 2.58 Bn 772.70 Mn 741.30 Mn
5 Olaplex Holdings 1.39 Bn 1.06 Bn 71.66 Mn 76.77 Mn
6 Oddity Tech 782.63 Mn 486.92 Mn 137.97 Mn 163.46 Mn
7 Betterware De Mexico, S.A.P.I. De C.V 588.48 Mn 558.17 Mn 156.58 Mn 117.44 Mn
8 Yatsen Holding 499.34 Mn 345.22 Mn 124.36 Mn -143.80 Mn
9 Nu Skin Enterprises 235.59 Mn 44.21 Mn 218.33 Mn 277.64 Mn
10 Pitanium 207.93 Mn -2.70 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -143.80 Mn
Mar 31, 2026 -133.10 Mn
Dec 31, 2025 -155.01 Mn
Sep 30, 2025 -121.37 Mn
Jun 30, 2025 -126.46 Mn
Mar 31, 2025 -95.52 Mn
Dec 31, 2024 -175.86 Mn
Sep 30, 2024 -93.36 Mn
Jun 30, 2024 -102.46 Mn
Mar 31, 2024 -105.07 Mn
Dec 31, 2023 -187.30 Mn
Sep 30, 2023 -102.02 Mn
Jun 30, 2023 -107.11 Mn
Mar 31, 2023 -83.86 Mn
Dec 31, 2022 -114.95 Mn
Sep 30, 2022 -120.47 Mn
Jun 30, 2022 -130.68 Mn
Mar 31, 2022 -145.53 Mn
Dec 31, 2021 -234.57 Mn
Sep 30, 2021 -198.83 Mn